688 Camino de Los Mares San Clemente, CA 92673
Coast District Neighborhood
8
Beds
7
Baths
3,680
Sq Ft
0.32
Acres
Highlights
- All Bedrooms Downstairs
- No HOA
- Forced Air Heating System
- Marblehead Elementary School Rated A-
- Laundry Room
- 4 Car Garage
About This Home
As of November 2023Most people know San Clemente is famous for having "The World's Best Climate" but it also has so much more: World-class beaches, outdoor mall, great dining, award-winning schools and that casual, laid-back California lifestyle that is the envy of the world. This property has been mostly updated by the current owners with the three-bedroom unit and one of the two-bed units completely updated with new luxury-vinyl floors, new appliances, recessed lighting, custom tiled baths, new bathroom fixtures and quartz counter tops. The other two-bed unit has been newly refreshed with partial vinyl flooring (kitchen, baths and bedrooms), paint, lighting and other nice touches. Along with the improvements, rents have been brought up to current levels, resulting in an excellent cap rate and not forcing the new owner to wrestle with challenging evictions...the work has already been done.
Last Agent to Sell the Property
Laguna Beach Properties License #01491451 Listed on: 08/09/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 0.32 Acre Lot
- No Common Walls
- Front Yard
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Driveway Up Slope From Street
Home Design
- Quadruplex
Interior Spaces
- 3,680 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Vinyl Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- All Bedrooms Down
- 7 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Forced Air Heating System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, insurance
- Tax Lot 6
- Tax Tract Number 7592
- Assessor Parcel Number 67511139
- $36 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,000
- Trash Expense $1,200
- Water Sewer Expense $1,692
- Operating Expense $33,418
- Gross Income $133,140
- Net Operating Income $99,855
Similar Homes in San Clemente, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/02/2023 11/02/23 | Sold | $2,050,000 | -2.3% | $557 / Sq Ft |
| 10/04/2023 10/04/23 | Price Changed | $2,099,000 | -2.3% | $570 / Sq Ft |
| 09/12/2023 09/12/23 | Price Changed | $2,149,000 | -6.5% | $584 / Sq Ft |
| 08/09/2023 08/09/23 | For Sale | $2,299,000 | +39.3% | $625 / Sq Ft |
| 06/21/2022 06/21/22 | Sold | $1,650,000 | -2.9% | $448 / Sq Ft |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 06/05/2022 06/05/22 | For Sale | $1,699,000 | -- | $462 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
D
Seller's Agent in 2023
Dave Csira
Laguna Beach Properties
(949) 500-3283
1 in this area
4 Total Sales
-
Seller Co-Listing Agent in 2023
Kelly LeClair
Inhabit Collective
(949) 412-6551
2 in this area
57 Total Sales
-
Buyer's Agent in 2023
Rod Rodrigues
2020 Realty
(714) 883-0408
1 in this area
5 Total Sales
-
Seller's Agent in 2022
Brian Kamenca
Coldwell Banker Realty
(949) 292-5200
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG23148167
APN: 675-111-39
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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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