NOT LISTED FOR SALE
6 Beds
5 Baths
3,378 Sq Ft
4,356 Sq Ft Lot

Last Sold February 13, 2019

Last sale price $1,330,000 $394 Per Sq Ft

13 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Level Lot
  • Las Palmas Elementary School Rated A-
  • Laundry Room
  • 5-minute walk to Max Berg Park

About This Home

As of February 2019

Triplex investment opportunity in prime area of San Clemente. Just short walk to beach access. All unites are fully leased. One unit is a 1 bedroom
1 bath. Second unit is a 2 bedroom 2 bath and third unit is a 3 bedroom 2 bath. A great opportunity to live in one and rent out the other two.

Last Agent to Sell the Property

Charles Rea

Charles Rea, Broker License #00364481 Listed on: 01/12/2019

Co-Listed By

Michael Vanni

Charles Rea, Broker License #00483287

Last Buyer's Agent

Christian Wach

Talavera Real Estate License #01922260

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 4,356 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Assigned Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Asphalt Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Asphalt
  • Stucco

Interior Spaces

  • 3,378 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Window Screens
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Radiant Heating System
  • Gas Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 21
  • Tax Tract Number 794
  • Assessor Parcel Number 69208114

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $155
  • Fuel Expense $548
  • Gardener Expense $720
  • Insurance Expense $2,807
  • Professional Management Expense $4,690
  • Trash Expense $490
  • Water Sewer Expense $1,869
  • New Taxes Expense $14,025
  • Operating Expense $25,304
  • Gross Income $70,800
  • Net Operating Income $45,496

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4690.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1869.00
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 69208114
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 393.72
  • Window Features: Blinds, Screens

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Asphalt, Concrete, Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage Faces Front, Garage - Three Door
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Cooktop, Gas Water Heater
  • Electric: Standard
  • Heating Type: Radiant, Electric
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 490.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 155.00
  • Fuel Expense: 548.00
  • Gross Income: 70800.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 2807.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 45496.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 2
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Operating Expense: 25304.00
  • Rent Control: No
  • Total Actual Rent: 5900.00
  • Total Expenses: 25304.00

Tax Info

  • New Taxes Expense: 14025.00
  • Tax Census Tract: 421.08
  • Tax Lot: 21
  • Tax Tract Number: 794

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
02/13/2019 02/13/19 Sold $1,330,000 +4.3% $394 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $1,275,000 0.0% $377 / Sq Ft
01/20/2015 01/20/15 Rented $1,325 0.0% --
01/20/2015 01/20/15 For Rent $1,325 -- --
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: OC19009609

California Regional Multiple Listing Service (CRMLS)

APN: 692-081-14