NOT LISTED FOR SALE
6 Beds
4 Baths
2,318 Sq Ft
4,792 Sq Ft Lot

Last Sold December 02, 2014

Last sale price $960,000 $414 Per Sq Ft

Highlights

  • Ocean View
  • On Golf Course
  • Property is Fully Fenced
  • Concordia Elementary School Rated A
  • Attic Fan
  • 5-minute walk to San Luis Rey Park

About This Home

As of December 2014

Turnkey ocean view duplex in desirable South San Clemente walking distance to beaches – State/Trestles. Fantastic investment or owner/landlord property. Each unit is rare and large 3 bed / 2 bath floorplan. West and South ocean views from upper unit kitchen, dining, living, rear bedroom, and deck. Recent upgrades include exterior paint, garage doors, asphalt driveway re-pour, landscaping, and woodrot/termite clearance. Property backs up to San Clemente Muni Golf Course and is around the corner from San Luis Rey Park. Units together will bring over $5,000 a month along with owned coin operated laundry machines. Minimal turnover time for leases over 14 years. 3 garage spaces along with tandem parking for three other vehicles. Separate patio/deck areas for each unit along with large back yard and garden along with two large storage sheds. Fully fenced and set back from the street for privacy and security. Many upgrades over the years including new roof in 2010, stairs and railings 2014. Each unit is upgraded and turnkey. Easy access to the 5 and all services, half a mile to the beach. Currently zoned for three units and could receive conditional use for 4.

Last Agent to Sell the Property

Cannon Christian

Apartment Worth, Inc. License #01833436 Listed on: 10/17/2014

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 4,792 Sq Ft Lot
  • On Golf Course
  • Property is Fully Fenced
  • Gentle Sloping Lot

Property Views

  • Ocean
  • Golf Course

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Attic Fan

Eco-Friendly Details

  • Sprinklers on Timer

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 060-042-08

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Cross Street: El Camino Real
  • Neighborhood: South San Clemente
  • Supplement: Property backs up to San Clemente Muni Golf Course and is around the corner from San Luis Rey Park. Units together will bring over $5,000 a month along with owned coin operated laundry machines. Minimal turnover time for leases over 14 years. 3 garage spaces along with tandem parking for three other vehicles. Separate patio/deck areas for each unit along with large back yard and garden along with two large storage sheds. Fully fenced and set back from the street for privacy and security. Many upgrades over the years including new roof in 2010, stairs and railings 2014. Each unit is upgraded and turnkey. Easy access to the 5 and all services, half a mile to the beach. Currently zoned for three units and could receive conditional use for 4.
  • LP / Sq Ft: 23.63
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1977
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Frontage: Golf Course
  • Roof: Composition
  • View: Golf Course, Ocean

Utilities

  • Cooling: Attic Fan
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: SAN CLEMENTE

Lot Info

  • Irrigation: Automatic, Drip, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Topography: Slope Gentle
  • Assessor Parcel Number: 060-042-08
  • Land Use Code: Mult
  • Estimated Lot Sq Ft: 4792
  • Estimated Number of Acres: 0.11
  • Map Code Column: B
  • Map Code Page: 993
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Annual Expense Actual: 3156
  • Gross Rent Multiplier Actual: 33.64
  • Gross Rent Multiplier Projected: 15.68
  • Gross Sched Income Actual: 28800
  • Gross Sched Income Projected: 61800
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Other Income Actual: 840

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
12/02/2014 12/02/14 Sold $960,000 -0.9% $414 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $969,000 -- $418 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140056824

San Diego MLS

APN: 060-042-08