NOT LISTED FOR SALE
6 Beds
7 Baths
3,788 Sq Ft
4,356 Sq Ft Lot

Last Sold November 23, 2021

Last sale price $1,800,000 $475 Per Sq Ft

30 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Landscaped
  • Clarence Lobo Elementary School Rated A-
  • Zoned Heating

About This Home

As of November 2021

San Clemente 4 plex in a great location. Walking distance to both the pier and down own Del Mar. 4 units consisting of three 2 bedroom 1.5 bath 1150 sqft 2 level townhome style units and one 400 sq ft studio. Three single car garages for the 2 bedroom units. Patio space on both sides of the units with front and rear entries. Community laundry for an additional income. Extremely well maintained and managed. Almost no vacancy in the 20 years of ownership. Not many options available out there in this price range with rents this strong.

Last Agent to Sell the Property

Patrick Parry

Compass License #01829479 Listed on: 06/15/2021

Compass

Last Buyer's Agent

Christian Wach

Talavera Real Estate License #01922260

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 4,356 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway

Home Design

  • Quadruplex

Interior Spaces

  • 3,788 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Zoned Heating

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 21 / 21
  • Tax Tract Number 779
  • Assessor Parcel Number 05810312

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,220
  • Fuel Expense $1,620
  • Insurance Expense $1,800
  • Maintenance Expense $700
  • Trash Expense $528
  • Water Sewer Expense $2,520
  • New Taxes Expense $20,000
  • Operating Expense $28,688
  • Gross Income $107,400
  • Net Operating Income $78,712

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.15
  • Other Phone Description: 949-235-8614
  • Property Attached: No
  • Water Sewer Expenses: 2520.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 05810312
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 475.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway - Combination
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Zoned
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 528.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 1120 Square Feet
  • Average Studio Area: 400 Square Feet
  • Electric Expense: 2220.00
  • Fuel Expense: 1620.00
  • Gross Income: 107400.00
  • Gross Scheduled Income: 107400.00
  • Insurance Expense: 1800.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1800.00
  • Lot Size Area: 4356.0000 Square Feet
  • Maintenance Expense: 700.00
  • Net Operating Income: 78712.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 28688.00
  • Other Income Description: laundry averages 150 a month
  • Rent Control: No
  • Total Expenses: 28688.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Block: 21
  • Tax Census Tract: 421.03
  • Tax Lot: 21
  • Tax Tract Number: 779

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $1,800,000 -5.2% $475 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $1,899,000 0.0% $501 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,899,000 -- $501 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21123800

California Regional Multiple Listing Service (CRMLS)

APN: 058-103-12