$2,550,000
SOLD SEP 2, 2023
7 Beds
4 Baths
3,904 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$653 Per Sq Ft

12% Below List Price

310 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • No HOA
  • Clarence Lobo Elementary School Rated A-
  • Custom Home
  • Balcony

About This Home

As of September 2023

Extremely Rare Opportunity to own a true “GEM” of a Triplex in the heart of San Clemente, West of the 5 frwy with fantastic curbside appeal! Pride of Ownership inside and out shows clearly in this one of a kind income property set on the north side of Trafalgar Canyon, ideally located between Southwest San Clemente T-street Beach, San Clemente pier/walking trail and Downtown San Clemente shopping and Restaurants...ALL within walking distance! This “Coastal Beauty” is comprised of two lower two bedroom one bath units with two personal decks each and one incredibly spacious three bedroom two bath loft style unit up top with it's own single expansive deck! All three units include full size washer and dryers behind shuttered doors, refrigerators, dishwashers as well as a spacious two car garages complete with storage cupboards, remotes, keypads and timed lighting. There is a BONUS of an additional two car garage ideal for Owner or extra use of Tenants! Rear of building has been recently improved with two corner staircases allowing for an imagination to run wild with possibilities for even more upgrades of enjoyable entertaining area! An investment property such as this only comes up every couple of decades...if that! YOUR RARE OPPORTUNITY AWAITS!!!

Last Agent to Sell the Property

Michelle Johnson

Conrad Realtors Inc License #01315411 Listed on: 10/15/2022

Last Buyer's Agent

Laurie Garcia

BHHS Ranch & Coast Real Estate License #01717293

BHHS Ranch & Coast Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Garage Door Opener
  • Assigned Parking

Property Views

  • Ocean
  • Peek-A-Boo
  • Canyon
  • Neighborhood

Home Design

  • Triplex
  • Custom Home
  • Flat Roof Shape
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,904 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Awning
  • Custom Window Coverings
  • Blinds
  • Carpet
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Mirrored Closets Doors
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 32 / 1
  • Tax Tract Number 785
  • Assessor Parcel Number 05810414
  • $30 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $286
  • Insurance Expense $3,400
  • Trash Expense $877
  • Water Sewer Expense $1,440
  • Operating Expense $6,370
  • Gross Income $101,460
  • Net Operating Income $120,785

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

8

Listing Details

  • Other Phone Description: (949)291-0193
  • Other Phone Number: (949)2910193
  • Price Per Unit: 850000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1440.00
  • Architectural Style: Custom Built
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 05810414
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Levels: Two
  • Price Per Square Foot: 653.18
  • Window Features: Blinds, Custom Covering

Exterior Features

  • Exterior Features: Awning(s)
  • View: Canyon, Neighborhood, Ocean, Peek-A-Boo
  • Pool Private: No
  • Roof: Flat, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Concrete, Garage, Garage Door Opener
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 876.60
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 285.53
  • Gross Income: 101460.00
  • Gross Scheduled Income: 126000.00
  • Insurance Expense: 3400.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 120785.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 5
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 5213.13
  • Rent Control: No
  • Total Expenses: 6370.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 421.16
  • Tax Lot: 32
  • Tax Tract Number: 785
  • TaxOtherAnnualAssessmentAmount: 30.00

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
05/14/2025 05/14/25 For Sale $3,000,000 +17.6% $768 / Sq Ft
09/02/2023 09/02/23 Sold $2,550,000 0.0% $653 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
06/16/2023 06/16/23 Price Changed $2,550,000 -3.5% $653 / Sq Ft
04/10/2023 04/10/23 Price Changed $2,642,000 -5.5% $677 / Sq Ft
01/20/2023 01/20/23 Price Changed $2,795,000 -1.8% $716 / Sq Ft
12/08/2022 12/08/22 Price Changed $2,845,000 -1.9% $729 / Sq Ft
10/15/2022 10/15/22 For Sale $2,900,000 0.0% $743 / Sq Ft
07/10/2021 07/10/21 Rented $3,975 0.0% --
07/06/2021 07/06/21 Off Market $3,975 -- --
05/31/2021 05/31/21 For Rent $3,975 -- --
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: OC22220123

California Regional Multiple Listing Service (CRMLS)

APN: 058-104-14