Seller's Agent in 2024
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
1 in this area
50 Total Sales
2623 Calle Del Comercio San Clemente, CA 92672
Southeast San Clemente Neighborhood
5
Beds
4
Baths
3,482
Sq Ft
5,227
Sq Ft Lot
Highlights
- Ocean View
- On Golf Course
- Balcony
- Concordia Elementary School Rated A
- No HOA
- 4-minute walk to San Luis Rey Park
About This Home
As of March 20242623 Calle Del Comercio is a well-kept 4-plex located in the beautiful coastal City of San Clemente, California. Rarely does multifamily come to market that offers both ocean & golf course views! Built in 1990, 2623 Calle Del Comercio is a newer multifamily investment property that offers the desirable coastal living experience. This unique asset features a strong unit mix of three 2 bedroom, 2 bath units and one 3 bedroom, 2 bath unit. The property offers approximately 3,482 rentable square feet situated on a 0.12 acre parcel adjacent to the San Clemente Municipal Golf Course. The property includes four individual private garages, covered parking, open on-site as well as street parking. The top two units have private balconies facing west that offer panoramic ocean views! All four units have private balconies facing east with expansive views of the Golf Course. For tenant convenience, all units include washer & dryer hook ups which offers a “condominium living” experience. Additionally, the property has a newer roof, windows and decking throughout.
The asset is strategically situated next to the San Clemente Golf Course, a very quiet sub-market in Southside San Clemente. San Clemente is a relaxing beach town and popular place to vacation. In the summer, there is a trolley system that shuttles around town and up to Laguna Beach. A short walk from the property will take you to El Camino Real, San Clemente’s main street that includes various retail, restaurants, boutiques and much more. Within one mile away lies one of the most popular beaches in town, San Clemente State Beach. This offering provides an investor the opportunity to acquire a Class A located investment property that is rarely vacant and ideally located. The strong rental demand for coastal properties in San Clemente will provide an investor with a predictable income stream & appreciation for many years to come. This property is a rare find and presents an incredible opportunity to own one of the most coveted investment properties in Southern California.
Last Agent to Sell the Property
Mark Bridge, Broker Brokerage Email: Mark.Bridge@cushwake.com License #01316702 Listed on: 02/20/2024
Last Buyer's Agent
Mark Bridge, Broker Brokerage Email: Mark.Bridge@cushwake.com License #01316702 Listed on: 02/20/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990 | Remodeled
Lot Details
- 5,227 Sq Ft Lot
- On Golf Course
- 1 Common Wall
- West Facing Home
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Assigned Parking
Property Views
- Ocean
- Panoramic
- Golf Course
Home Design
- Quadruplex
- Shingle Roof
- Stucco
Interior Spaces
- 3,482 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Living Room with Fireplace
Kitchen
- Gas Oven
- Built-In Range
- Microwave
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Balcony
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Central Heating
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 164
- Tax Tract Number 938
- Assessor Parcel Number 06004212
- $36 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $2,000
- Maintenance Expense $2,000
- Other Expense $2,000
- Trash Expense $2,890
- Water Sewer Expense $2,000
- New Taxes Expense $25,989
- Operating Expense $37,479
- Gross Income $114,000
- Net Operating Income $74,241
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $2,100,000 | -12.3% | $603 / Sq Ft |
| 02/20/2024 02/20/24 | For Sale | $2,395,000 | -- | $688 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Mark Bridge
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24035190
APN: 060-042-12
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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