NOT LISTED FOR SALE
4 Beds
4 Baths
2,800 Sq Ft
6,168 Sq Ft Lot

Last Sold May 22, 2019

Last sale price $1,295,000 $462 Per Sq Ft

33 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wood Fence
  • Palisades Elementary School Rated A

About This Home

As of May 2019

Remodeled turnkey beach Duplex, with long term tenants. Exterior has been recently painted, newer roof, all new attic insulation, all new Milgard windows and beautifully landscaped with drought tolerant plants. The two story 1,600sqft 2 bed/1.5 bath back unit was previously owner occupied and completely professionally remodeled. It has an open floor plan living area on the first floor, with garden views, a large modern kitchen including stainless steel appliances and stone countertops. Two generously sized bedrooms with large closets, en suite office/nursery overlooking the private backyard that boasts a large patio, outdoor speakers, a covered sandbox, nice drought tolerant landscaping and a newly built 100 sqft standalone office/studio. The front unit is a 2 bed/ 2 bath 1,200 sqft single story unit. Master bedroom has an en suite bathroom and walk-in closet. Kitchen and both bathrooms have been updated within the past few years. Kitchen has newer cabinets, newer appliances and granite counter tops. Each unit has a private one car garage, driveway space, and separate private laundry with new washer/dryers. Close distance to Pines Park and half a mile to the beach. Close to Dana Point Harbor and great freeway access, but no freeway noise.

Last Listed By

Patrick Hourigan

Nationwide Realty License #01136985 Listed on: 03/22/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,168 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway Level
  • Assigned Parking

Home Design

  • 2,800 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 69138141

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,680
  • Insurance Expense $936
  • Other Expense $8,262
  • Supplies Expense $75
  • Trash Expense $186
  • Water Sewer Expense $474
  • Operating Expense $1,596
  • Gross Income $63,000
  • Net Operating Income $51,388

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: OTHR
  • Supplies Expense: 75.00
  • View: No
  • Water Sewer Expenses: 474.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1680.00
  • Parcel Number: 69138141
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 462.50

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway Level, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, In Closet, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 186.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6168.00
  • Lot Size Acres: 0.1416

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 63000.00
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 936.00
  • Lot Size Area: 6168.0000 Square Feet
  • Net Operating Income: 51388.00
  • 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
  • Operating Expense: 11612.00
  • Other Expense: 8262.00
  • Other Expense Description: P/Tax
  • Rent Control: No
  • Total Actual Rent: 63000.00
  • Total Expenses: 1596.00

Tax Info

  • Tax Census Tract: 422.01

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
05/22/2019 05/22/19 Sold $1,295,000 0.0% $463 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $1,295,000 -- $463 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19064627

California Regional Multiple Listing Service (CRMLS)