NOT LISTED FOR SALE
4 Beds
6 Baths
3,000 Sq Ft
6,666 Sq Ft Lot

Sale Details

Date Sold: December 16, 2020

Last sale price $1,251,000 $417 Per Sq Ft

156 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Open Floorplan
  • Primary Bedroom Suite
  • Custom Home
  • Property is near park and public transit

About This Home

As of December 2020

First time ever on the market. This property was built for current owner's family as a primary residence plus rental income. The offering includes 2 spacious beach close townhouse units in the very desirable Palisades area of Capistrano Beach. Each townhouse features a direct access 2 car garage plus an extra spacious driveway. Units A and B offer open spacious floor plans. In unit A the kitchen has been upgraded with newer cabinets and granite counters. The living areas have wood/ laminate flooring plus each house has a magnificent fireplace. The homes are mirror images and each offers 2 spacious en suites bedrooms with vaulted ceilings, plus there is a guest bathroom downstairs. Behind each house there is a large low maintenance rear yard complete with a gazebo and raised planter beds. These homes are ideal for outdoor entertaining and enjoying the cool ocean breezes. This could be a fantastic opportunity for an owner occupier or simply a solid investment in a wonderful beach close neighborhood. The property is on the ocean side of the FWY close to shopping, schools, beautiful parks , pristine beaches and Dana Pt. Harbor.

Last Agent to Sell the Property

Louis Dillon

Coldwell Banker Realty License #01274376 Listed on: 06/19/2020

Coldwell Banker Realty

Last Buyer's Agent

Steven Mino

Coldwell Banker Realty License #01856243

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,666 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Density is 6-10 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Property Views

  • Ocean
  • City Lights
  • Peek-A-Boo

Home Design

  • Duplex
  • Custom Home
  • Mediterranean Architecture
  • Entry on the 1st floor
  • Barrel Roof Shape
  • Slab Foundation
  • Interior Block Wall
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Granite Countertops
  • Laundry in Garage

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Freeway
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park and public transit

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 32 / 12
  • Tax Tract Number 883
  • Assessor Parcel Number 12334032

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Palisades Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $69,600
  • Net Operating Income $67,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

6,666 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Palisades (PS)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 12334032
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Vacuum Central
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas, Gas Starter
  • Levels: Two
  • Price Per Square Foot: 417.00
  • Room Type: All Bedrooms Up, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: City Lights, Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Barrel
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 6666.00
  • Lot Size Acres: 0.1530
  • Latitude Manual: 33.45748700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average3 Bed Area: 1500 Square Feet
  • Gross Income: 69600.00
  • Gross Multiplier: 18.60
  • Gross Scheduled Income: 69600.00
  • Lot Size Area: 6666.0000 Square Feet
  • Net Operating Income: 67600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Rent Control: No
  • Total Actual Rent: 5200.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 422.01
  • Tax Lot: 32
  • Tax Tract Number: 883

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Dec 9, 2020
Sold by
Bought by
Seller's Agent
Louis Dillon
Coldwell Banker Realty
Buyer's Agent
Steven Mino
Coldwell Banker Realty
List Price
$1,320,000
Sold Price
$1,251,000
Premium/Discount to List
-$69,000
-5.23%

Purchase Details

Closed on
Apr 3, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Capistrano Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,251,000 Equity Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $437,000
Previous Owner $187,000
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/16/2020 12/16/20 Sold $1,251,000 -3.4% $417 / Sq Ft
08/28/2020 08/28/20 Price Changed $1,295,000 -1.9% $432 / Sq Ft
06/19/2020 06/19/20 For Sale $1,320,000 -- $440 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $16,541 $1,381,203 $1,047,807 $333,396
2025 $15,980 $1,354,121 $1,027,262 $326,859
2024 $15,980 $1,327,570 $1,007,120 $320,450
2023 $15,333 $1,301,540 $987,373 $314,167
2022 $14,927 $1,276,020 $968,013 $308,007
2021 $14,500 $1,251,000 $949,032 $301,968
2020 $6,823 $487,992 $186,024 $301,968
2019 $7,053 $478,424 $182,376 $296,048
2018 $6,667 $469,044 $178,800 $290,244
2017 $6,253 $459,848 $175,295 $284,553
2016 $6,086 $450,832 $171,858 $278,974
2015 $5,641 $444,061 $169,277 $274,784
2014 $5,483 $435,363 $165,961 $269,402
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20117916

California Regional Multiple Listing Service (CRMLS)

APN: 123-340-32

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