$1,924,990
$274K PRICE DROP

Estimated payment $12,181/month

Total Views 17,260
8 Beds
8 Baths
2,430 Sq Ft
$792 Price per Sq Ft

Highlights

  • No Units Above
  • Main Floor Primary Bedroom
  • Tile Countertops
  • Concordia Elementary School Rated A
  • Neighborhood Views
  • Living Room

About This Home

This fourplex backs to the San Clemente Municipal golf course and each unit has a large outdoor area, 2 beds/2 baths, 1 car garage and 1 car driveway. The back units have patios the touch the golf course and the front units have large balconies with peek ocean views. One unit is vacant and recently remodeled, ready to rent and available to show now. All four units are identical floorplans. The location of this income property is ideal for occupants with nearby freeway access and is a short distance to the beach. The property recently received a new roof, new exterior paint, and termite clearance.

Listing Agent

Holly McKhann

First Team Real Estate Brokerage Phone: 949-295-7770 License #01956721 Listed on: 02/06/2025

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 4,792 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • No Landscaping
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 2nd floor
  • Turnkey
  • Stucco

Interior Spaces

  • 2,430 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Neighborhood Views

Kitchen

  • Tile Countertops
  • Formica Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 174
  • Tax Tract Number 938
  • Assessor Parcel Number 06004203
  • $36 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Greenbelt

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,019
  • Fuel Expense $172
  • Insurance Expense $4,000
  • Pest Control $1,368
  • Trash Expense $767
  • Water Sewer Expense $3,704
  • New Taxes Expense $22,000
  • Operating Expense $34,030
  • Gross Income $81,048
  • Net Operating Income $79,418

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 481248
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 3704.00
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 06004203
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Tile Counters, Unfurnished
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, Parking
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 792.18
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Kitchen, Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community, Gas & Electric Dryer Hookup
  • Pest Control Expense: 1368.00
  • Sewer: Public Sewer
  • Trash Expense: 767.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Greenbelt, No Landscaping
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 2019.00
  • Fuel Expense: 172.00
  • Gross Income: 81048.00
  • Gross Scheduled Income: 113448.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 79418.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 1
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 34030.00
  • Rent Control: No
  • Total Expenses: 34030.00

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Area: 10000
  • Tax Census Tract: 421.14
  • Tax Lot: 174
  • Tax Tract Number: 938
  • TaxOtherAnnualAssessmentAmount: 36.00

Map

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
08/28/2025 08/28/25 Price Changed $1,924,990 -1.0% $792 / Sq Ft
07/13/2025 07/13/25 Price Changed $1,944,990 -0.3% $800 / Sq Ft
06/13/2025 06/13/25 Price Changed $1,949,990 -2.5% $802 / Sq Ft
04/02/2025 04/02/25 Price Changed $1,999,990 -9.1% $823 / Sq Ft
02/06/2025 02/06/25 For Sale $2,199,000 +59.9% $905 / Sq Ft
12/02/2016 12/02/16 Sold $1,375,000 -1.4% $423 / Sq Ft
10/12/2016 10/12/16 Price Changed $1,395,000 -0.4% $429 / Sq Ft
10/04/2016 10/04/16 For Sale $1,400,000 -- $431 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25010259

California Regional Multiple Listing Service (CRMLS)

APN: 060-042-03