NOT LISTED FOR SALE
5 Beds
5 Baths
2,966 Sq Ft
1976 Built

Last Sold May 15, 2018

Last sale price $1,380,000 $465 Per Sq Ft

21 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Corner Lot
  • Palisades Elementary School Rated A
  • Spanish Architecture
  • No HOA

About This Home

As of May 2018

Beautiful OCEAN VIEW 'Side-by-Side' Duplex (on large corner lot) in the heart of the Palisades area of Capistrano Beach/Dana Point. Each residence lives like a Single Family Home with each side having its own large 2 car garage and private backyards. Only a short stroll down Palisades Drive to the sand at Beach Road, Capo Beach and bike & beach trail to Dana Point Harbor. Both units enjoy large Ocean View patio decks above the large 2 car garages. Each residence is single-level (with an additional single-level rear gated entrance); interior laundry, and nicely appointed with designer finishes throughout. Unit A: 3 bedrooms + Office* and 3 bathrooms, has an open floor-plan with Kitchen and Dining area open to living room and Ocean View deck. The Kitchen offers custom teak cabinets with a large island, bar seating and decorative concrete counter-top, gas Wolf Range with 6 burners and gas oven along with a separate 2nd Kitchenaid Oven and Microwave unit...all open to the ocean view deck where you can enjoy beautiful sunsets year-round and amazing 4th of July Fire works. Unit B: 2 bedrooms and 2 bathrooms, open floor-plan with an ocean view deck as well, upgraded kitchen with granite and stainless steel appliances, interior laundry and wood flooring throughout except for the bedrooms. Property has previously approved Tentative Parcel Map to Condo Convert parcel and will be included with sale. Don't miss your chance to own this RARE single-level ocean view duplex!

Last Listed By

Kyle O'Kelly

O'Kelly Pacific Real Estate License #01336643 Listed on: 12/19/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 6,909 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Ocean
  • Catalina

Home Design

  • Duplex
  • Spanish Architecture
  • Additions or Alterations
  • Brick Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,966 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Home Office
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 5 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts For Spa
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 28 / 13
  • Tax Tract Number 735
  • Assessor Parcel Number 69139127

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • New Taxes Expense $15,000
  • Operating Expense $1,500
  • Gross Income $75,600
  • Net Operating Income $75,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Palisades (PS)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 69139127
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 2nd Story
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 465.27
  • Room Type: All Bedrooms Up, Laundry, Living Room, Master Bathroom, Office, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Brick/Mortar
  • Exterior Features: Rain Gutters
  • View: Catalina, Ocean
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Electric Oven, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: 220 Volts For Spa
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard
  • Lot Size Sq Ft: 6909.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 75600.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 75600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2495.00
  • Total Expenses: 1500.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: 13
  • Tax Census Tract: 422.01
  • Tax Lot: 28
  • Tax Tract Number: 735

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
05/15/2018 05/15/18 Sold $1,380,000 -4.8% $465 / Sq Ft
12/16/2017 12/16/17 For Sale $1,449,000 -- $489 / 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: OC17276127

California Regional Multiple Listing Service (CRMLS)