$1,989,990

Estimated payment $12,980/month

Total Views 7,348
6 Beds
5 Baths
6,970 Sq Ft
$286 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Corner Lot
  • Lawn
  • Marblehead Elementary School Rated A-
  • Quartz Countertops
  • No HOA

About This Home

The subject property consists of four units, offering a total of 2,924 square feet of rentable space situated on a 0.17-acre lot. Ideally positioned near the 5 Freeway and San Clemente’s popular Ocean View Plaza, the location provides excellent accessibility for tenants. Less than three miles from both Doheny State Beach and Capistrano State Beach, the property is in close proximity to some of Southern California’s most desirable coastal destinations.This vibrant area of San Clemente is rich with residential amenities, including top-rated schools, scenic parks, shopping centers, diverse dining options, and convenient transportation access. The neighborhood features a variety of residential building types—from luxury single-family homes to multi-family apartment complexes—ensuring a strong, established demand for housing and services in the immediate area.

Listing Agent

Karl Parize

Momentum Realty Group Brokerage Phone: 714-336-3375 License #01364278 Listed on: 05/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Front Yard Sprinklers
  • Lawn

Parking

  • 3 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Spanish Tile Roof

Interior Spaces

  • 6,970 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Vinyl Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 7592
  • Assessor Parcel Number 67511119

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,700
  • Fuel Expense $1,800
  • Insurance Expense $1
  • Professional Management Expense $6,698
  • Trash Expense $924
  • Water Sewer Expense $2,400
  • Operating Expense $14,822
  • Gross Income $1,100
  • Net Operating Income $93,058

Property Details

Home Type

Multi-Family

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 497498
  • Professional Management Expense: 6698.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 67511119
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Door Features: Double Door Entry, Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 285.51
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 924.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Landscaped, Lawn, Sprinklers In Front
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2700.00
  • Fuel Expense: 1800.00
  • Gross Income: 1100.00
  • Gross Scheduled Income: 107880.00
  • Insurance Expense: 1.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1100.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 93058.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 14822.00
  • Rent Control: No
  • Total Actual Rent: 8990.00
  • Total Expenses: 14822.00

Tax Info

  • Tax Census Tract: 422.05
  • Tax Lot: 27
  • Tax Tract Number: 7592

Map

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
05/02/2025 05/02/25 For Sale $1,989,990 +99.0% $286 / Sq Ft
10/15/2020 10/15/20 Sold $1,000,000 -9.1% $342 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $1,100,000 -- $376 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25085551

California Regional Multiple Listing Service (CRMLS)

APN: 675-111-19