NOT LISTED FOR SALE

601 Calle Puente San Clemente, CA 92672

Central San Clemente Neighborhood
4 Beds
3 Baths
6,895 Sq Ft
0.26 Acres

Last Sold June 06, 2022

Last sale price $5,450,000 $790 Per Sq Ft

8 Days on Market

About This Home

As of June 2022

601 West Apartments, is a pride of ownership 8-unit apartment complex located at 601 Calle Puente in the beach side city of San Clemente. This amazing asset defines upscale apartment living as it has received over $500,000 in capital improvements and upgrades. Comprised of all two bedroom units including a couple of townhomes, makes 601 West an in demand property for both apartment investors and high quality renters. 601 West offers tenants of the community garage parking and additional open spaces along with an on-site laundry facility. Tenants of select units receive beautiful ocean views out their front doors and all tenants enjoy the ability to walk to San Clemente’s pristine beaches and parks. This truly is a once in a lifetime investment the sharp investor can add to their long term hold portfolio.

Last Agent to Sell the Property

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 03/21/2022

Co-Listed By

Paul Espinosa

Morgan Skenderian License #01942627

Last Buyer's Agent

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 03/21/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 8 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 6,895 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 1 / 18
  • Tax Tract Number 793
  • Assessor Parcel Number 05813217
  • $50 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,693
  • Fuel Expense $1,693
  • Gardener Expense $3,600
  • Insurance Expense $2,750
  • Maintenance Expense $12,173
  • Other Expense $500
  • Trash Expense $1,693
  • Water Sewer Expense $1,693
  • New Taxes Expense $55,642
  • Operating Expense $81,437
  • Gross Income $86,345
  • Net Operating Income $162,025

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 687500
  • Property Attached: Yes
  • Water Sewer Expenses: 1693.00
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 05813217
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 790.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1693.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Multi Family

  • Electric Expense: 1693.00
  • Fuel Expense: 1693.00
  • Gross Income: 86345.00
  • Gross Scheduled Income: 250992.00
  • Insurance Expense: 2750.00
  • Laundry Income: 175.00
  • Lot Size Area: 11326.0000 Square Feet
  • Maintenance Expense: 12173.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 162025.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 81437.00
  • Other Expense: 500.00
  • Other Expense Description: Misc
  • Rent Control: Yes
  • Total Actual Rent: 20741.00
  • Total Expenses: 81437.00

Tax Info

  • New Taxes Expense: 55642.00
  • Tax Block: 18
  • Tax Census Tract: 421.08
  • Tax Lot: 1
  • Tax Tract Number: 793
  • TaxOtherAnnualAssessmentAmount: 50.00

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
06/06/2022 06/06/22 Sold $5,450,000 -0.9% $790 / Sq Ft
03/21/2022 03/21/22 For Sale $5,500,000 0.0% $798 / Sq Ft
04/10/2018 04/10/18 Rented $2,795 -6.1% --
03/30/2018 03/30/18 Under Contract -- -- --
12/04/2017 12/04/17 For Rent $2,975 +24.2% --
11/30/2017 11/30/17 Rented $2,395 0.0% --
11/14/2017 11/14/17 For Rent $2,395 0.0% --
10/04/2016 10/04/16 Sold $2,575,000 0.0% $373 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/22/2016 09/22/16 Off Market $2,575,000 -- --
09/15/2016 09/15/16 For Sale $2,495,000 -- $362 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Applebaum

    Seller's Agent in 2022

    Rick Applebaum

    Morgan Skenderian

    (949) 251-8800

    5 in this area

    63 Total Sales

    Rick Applebaum
    Section Image
  • Paul Espinosa

    Seller Co-Listing Agent in 2022

    Paul Espinosa

    Morgan Skenderian

    (714) 206-2688

    3 in this area

    33 Total Sales

    Paul Espinosa
    Section Image
  • Michael Mattson

    Seller's Agent in 2018

    Michael Mattson

    Lido Real Estate & Investments

    (949) 697-1809

    49 Total Sales

    Michael Mattson
    Section Image
  • Anita Chandler

    Seller's Agent in 2016

    Anita Chandler

    Chandler Properties

    (714) 803-3253

    13 Total Sales

    Anita Chandler
    Section Image
  • Jay Skenderian

    Buyer's Agent in 2016

    Jay Skenderian

    Morgan Skenderian

    (949) 251-8800

    18 Total Sales

    Jay Skenderian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22056365

California Regional Multiple Listing Service (CRMLS)
California Orange County San Clemente 92672 Central San Clemente

601 Calle Puente, San Clemente, CA

This home is located at 601 Calle Puente, San Clemente, CA 92672 since 21 March 2022. This property was built in 1964. 601 Calle Puente is a home located in Orange County with nearby schools including Las Palmas Elementary School, Bernice Ayer Middle School, and San Clemente High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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