NOT LISTED FOR SALE
3 Beds
2 Baths
1,515 Sq Ft
3,920 Sq Ft Lot

Last Sold June 18, 2020

Last sale price $910,000 $601 Per Sq Ft

5 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • 2 Car Garage
  • Clarence Lobo Elementary School Rated A-
  • Laundry Room

About This Home

As of June 2020

Walking distance to the beach! Phenomenal location and an excellent investment opportunity! Walk to the San Clemente Pier, the San Clemente Beach trail, many hot surf spots, delicious restaurants or hop on the Metrolink! Original condition property, but so much potential with this location!!! 1,515 sq ft building with two units. One unit is 2bd/1ba and the other is 1bdr/1ba. Two car shared garage.

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 04/09/2020

Co-Listed By

Bill Conrad

Conrad Realtors Inc License #01461548

Last Buyer's Agent

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 04/09/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 3,920 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 1,515 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 13 / 2
  • Tax Tract Number 785
  • Assessor Parcel Number 69204411

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $1,200
  • New Taxes Expense $9,250
  • Operating Expense $13,800
  • Gross Income $55,200
  • Net Operating Income $41,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 69204411
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 600.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Gross Income: 55200.00
  • Gross Multiplier: 4.60
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 41400.00
  • 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: 13800.00
  • Operating Expense Percent: 25.00
  • Other Expense Description: EST EXP
  • Rent Control: No
  • Total Actual Rent: 2300.00
  • Total Expenses: 13800.00

Tax Info

  • New Taxes Expense: 9250.00
  • Tax Block: 2
  • Tax Census Tract: 421.03
  • Tax Lot: 13
  • Tax Tract Number: 785

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
06/18/2020 06/18/20 Sold $910,000 -1.6% $601 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $925,000 +8.8% $611 / Sq Ft
01/22/2020 01/22/20 Sold $850,000 -5.6% $561 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $900,000 -- $594 / 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: OC20068475

California Regional Multiple Listing Service (CRMLS)

APN: 692-044-11