NOT LISTED FOR SALE
5 Beds
4 Baths
2,902 Sq Ft
4,792 Sq Ft Lot Lot

Sale Details

Date Sold: March 25, 2020

Last sale price $2,250,000 $775 Per Sq Ft

93 Days on Market

Highlights

  • White Water Ocean Views
  • 4-minute walk to San Clemente Pier
  • Ocean Side of Highway 1
  • Clarence Lobo Elementary School Rated A-
  • Solar Power System
  • 3-minute walk to Parque del Mar

About This Home

As of March 2020

This is a very rare opportunity to acquire a magnificent Ocean View Fourplex in San Clemente's coveted "Pier Bowl" . The property sits on a prime elevated lot just steps away from the Historic Pier, the Beach Trail and the pristine sandy beach . Commanding view of the surf and the ocean to Catalina and beyond are enjoyed from inside the property and from the expansive common area and surrounding decks. Pride of ownership is evident throughout ; Apart from numerous interior upgrades the exterior stucco has been finished with Loxon paint, vinyl dual pane windows have been installed and the Solar Panels have been paid for to ensure very low utility bills. The property is in the Pier Bowl Specific zone and is zoned to allow short term vacation rentals.

Last Agent to Sell the Property

Louis Dillon

Coldwell Banker Realty License #01274376 Listed on: 10/31/2019

Coldwell Banker Realty

Last Buyer's Agent

Patrick Dailey

Realty One Group West License #01929664

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Rectangular Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,902 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Outdoor Storage

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Tax Tract Number 785
  • Assessor Parcel Number 69203313

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $180
  • Fuel Expense $1,572
  • Insurance Expense $3,432
  • Maintenance Expense $4,135
  • Trash Expense $480
  • Water Sewer Expense $2,520
  • New Taxes Expense $25,850
  • Operating Expense $38,205
  • Gross Income $153,600
  • Net Operating Income $115,395

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

4,792 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s)
  • Subdivision Name Other: Pier Bowl
  • View: Yes
  • Water Sewer Expenses: 2520.00
  • Zoning: R4
  • Architectural Style: Craftsman
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 69203313
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: Two
  • Price Per Square Foot: 775.33
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Pier, Water, White Water
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100
  • Latitude Manual: 33.42014500

Rental Info

  • Tenant Pays: None

Multi Family

  • Average1 Bed Area: 725 Square Feet
  • Electric Expense: 180.00
  • Fuel Expense: 1572.00
  • Gross Income: 153600.00
  • Gross Multiplier: 15.30
  • Gross Scheduled Income: 153600.00
  • Insurance Expense: 3432.00
  • Laundry Income: 300.00
  • Lot Size Area: 4792.0000 Square Feet
  • Maintenance Expense: 4135.00
  • Net Operating Income: 115395.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 38205.00
  • Rent Control: No
  • Total Actual Rent: 8600.00
  • Total Expenses: 38205.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 25850.00
  • Tax Block: 4
  • Tax Census Tract: 421.08
  • Tax Lot: 1
  • Tax Tract Number: 785
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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
03/25/2020 03/25/20 Sold $2,250,000 -4.3% $775 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
10/31/2019 10/31/19 For Sale $2,350,000 -- $810 / 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 $24,513 $2,568,885 $2,187,293 $381,592
2024 $24,513 $2,419,928 $2,144,405 $275,523
2023 $23,994 $2,372,479 $2,102,358 $270,121
2022 $23,537 $2,325,960 $2,061,135 $264,825
2021 $23,083 $2,280,353 $2,020,720 $259,633
2020 $18,333 $1,809,871 $1,682,425 $127,446
2019 $17,972 $1,774,384 $1,649,436 $124,948
2018 $17,627 $1,739,593 $1,617,094 $122,499
2017 $17,283 $1,705,484 $1,585,386 $120,098
2016 $14,415 $1,421,350 $1,309,261 $112,089
2015 $14,198 $1,400,000 $1,289,594 $110,406
2014 $12,179 $1,200,000 $1,089,594 $110,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19256071

California Regional Multiple Listing Service (CRMLS)

APN: 692-033-13

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