NOT LISTED FOR SALE
3 Beds
3 Baths
1,662 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: February 28, 2020

Last sale price $1,420,000 $854 Per Sq Ft

7 Days on Market

Highlights

  • Ocean Side of Highway 1
  • No HOA
  • Living Room
  • Las Palmas Elementary School Rated A-
  • Built-In Features
  • 3-minute walk to Linda Lane Park

About This Home

As of February 2020

Beautifully remodeled triplex near the beach, Linda Lane park, the famous San Clemente Beach Trail and incredible restaurants and shops on Del Mar. All units are single level 1 bedroom/ 1 bathroom and have been completely redone with stainless steel appliances, built in features, ceiling fans, soft close cabinets, beautiful bathrooms, and durable floors! Each unit is equipped with your own washer and dryer hookup and your own garage and driveway spot! Unit C is the only unit on the ground floor, attached is an incredible patio perfect for entertaining. Unit A offers soaring vaulted ceilings and an ocean view! In the backyard you will find a path that leads to a luscious area surrounded by trees and shrubs. Your own oasis. This triplex is in an amazing location and is an excellent opportunity. You do not want to miss the chance to own one of San Clementes iconic beach properties.

Last Agent to Sell the Property

Kelly Galvin

CENTURY 21 Affiliated License #01947464 Listed on: 01/23/2020

CENTURY 21 Affiliated

Co-Listed By

Ashton Sheridan

CENTURY 21 Affiliated License #02092999

Last Buyer's Agent

Victor Vasu

Pacific Sotheby's International Realty License #01015709

Pacific Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Turnkey

Interior Spaces

  • 1,662 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 44 / 1
  • Tax Tract Number 784
  • Assessor Parcel Number 69205111

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $850
  • Water Sewer Expense $1,500
  • New Taxes Expense $15,000
  • Operating Expense $20,350
  • Gross Income $74,740
  • Net Operating Income $54,390

Property Details

Home Type

Multi-Family

Year Built

Built in 1951 | Remodeled

Lot Details

4,356 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Water Sewer Expenses: 1500.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 69205111
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 854.39
  • Room Type: Kitchen, Living Room

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 850.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Gross Income: 74740.00
  • Gross Scheduled Income: 74740.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 54390.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Refrigerator: 3
  • Operating Expense: 20350.00
  • Rent Control: No
  • Total Expenses: 20350.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: 1
  • Tax Lot: 44
  • Tax Tract Number: 784
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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 List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $1,420,000 -5.3% $854 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $1,500,000 +9.1% $903 / Sq Ft
03/26/2018 03/26/18 Sold $1,375,000 -3.7% $827 / Sq Ft View Prior Sale
02/24/2018 02/24/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $1,428,000 -1.4% $859 / Sq Ft
02/07/2018 02/07/18 Price Changed $1,449,000 -3.3% $872 / Sq Ft
01/22/2018 01/22/18 For Sale $1,499,000 +24.9% $902 / Sq Ft
06/02/2017 06/02/17 Sold $1,200,000 0.0% $543 / Sq Ft View Prior Sale
04/29/2017 04/29/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $1,200,000 -- $543 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $15,432 $1,552,976 $1,498,295 $54,681
2024 $15,432 $1,522,526 $1,468,917 $53,609
2023 $15,105 $1,492,673 $1,440,115 $52,558
2022 $14,818 $1,463,405 $1,411,877 $51,528
2021 $14,532 $1,434,711 $1,384,193 $50,518
2020 $14,494 $1,430,550 $1,376,447 $54,103
2019 $14,209 $1,402,500 $1,349,457 $53,043
2018 $12,409 $1,224,000 $1,173,748 $50,252
2017 $4,855 $477,138 $411,980 $65,158
2016 $4,762 $467,783 $403,902 $63,881
2015 $4,690 $460,757 $397,835 $62,922
2014 $4,600 $451,732 $390,042 $61,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20015310

California Regional Multiple Listing Service (CRMLS)

APN: 692-051-11

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