$979,000
SOLD MAY 13, 2015

34331 Via Fortuna Capistrano Beach, CA 92624

6 Beds
4 Baths
2,500 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$392 Per Sq Ft

7% Below List Price

81 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Laundry Room
  • Palisades Elementary School Rated A
  • No HOA
  • 3 Car Garage

About This Home

As of April 2024

This is the perfect income property located in a great high demand rental area near the beach in Dana Point! This gorgeous ocean view turn-key duplex consists of two 3 bedroom 2 bathroom units. The upper unit is 3 bedrooms with 2 full baths and boasts appx. 1,400 sq. ft. Your tenants will enjoy a beautiful fireplace, upgraded kitchen with granite counter tops, all new appliances and cabinetry, peek-a-boo views and glass sliding doors opening up to the over-sized balcony area. This could also be a perfect owners unit, allowing you to produce income from the rental below or would make a perfect home for an extended family. The downstairs unit is 3 bed 2 full bath appx. 1,100 sq. ft. with brand new carpet and paint. Glass sliding doors from living room and master bedroom open up to the beautiful back yard area. Three car garage and extended driveway will allow for plenty of parking. Units are currently vacant, allowing you to immediately rent both out at full market value! No HOA's and low tax rate. This is a must see!

Last Agent to Sell the Property

Shea Littlemeyer

Shea Littlemeyer License #01931369 Listed on: 01/14/2015

Co-Listed By

April Bodnar

Coldwell Banker Realty License #01937551

Last Buyer's Agent

Tina Nishikawa

Orange Hill Real Estate Inc License #01871609

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 5,227 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Property Attached

Interior Spaces

  • 2,500 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Ocean Side of Freeway

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 735
  • Assessor Parcel Number 12315108

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $150
  • Gardener Expense $600
  • Insurance Expense $800
  • Trash Expense $550
  • Water Sewer Expense $805
  • New Taxes Expense $8,165
  • Gross Income $4,700
  • Net Operating Income $44,802

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.27
  • Inclusions: Negotiable
  • Other Phone Description: April
  • Other Phone Number: 949-295-8397
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Palisades (PS)
  • View: Yes
  • Water Sewer Expenses: 805.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 12315108
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 391.60

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Paved, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Laundry Features: Stackable
  • Trash Expense: 550.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 4700.00
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5227.0000 Square Feet
  • Net Operating Income: 44802.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Operating Expense: 11070.00
  • Rent Control: No
  • Vacancy Allowance: 1728
  • Vacancy Allowance Rate: 3.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 8165.00
  • Tax Lot: 13
  • Tax Tract Number: 735
  • Tax Year: 2014

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/25/2024 04/25/24 Sold $1,910,000 0.0% $764 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,910,000 +95.1% $764 / Sq Ft
05/13/2015 05/13/15 Sold $979,000 -6.8% $392 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $1,050,000 -- $420 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15017438

California Regional Multiple Listing Service (CRMLS)

APN: 123-151-08