NOT LISTED FOR SALE
3 Beds
2 Baths
1,357 Sq Ft
4,792 Sq Ft Lot

Last Sold September 01, 2021

Last sale price $1,380,000 $1,017 Per Sq Ft

2 Days on Market

Highlights

  • No Units Above
  • Ocean Side of Highway 1
  • Cooling Available
  • Las Palmas Elementary School Rated A-
  • Property is near a park
  • 2-minute walk to Max Berg Park

About This Home

As of September 2021

Completely updated turnkey duplex. 5 minute walk to the Mariposa ramp that leads to the San Clemente beach trail, Mariposa Beach and the pier. The front unit is a 1 bedroom 1 bath and the rear unit is a 2 bedroom 1 bath. Elementary school and park are right up the street. The large lot may make this property perfect for an ADU for additional income. At one time there were drawings created to add a 2nd story (see photos). All new kitchens and bathrooms in front and back unit. Additional renovations include: Roof, replumbed with PEX Pipe, 150 amp electrical service upgrade, windows and rear Andersen slider, composite deck with cable railing, exterior paint, trim and light fixtures, entry doors, flooring, recessed lighting, interior paint and trim, fiber optic internet, EV 50 amp plug in the garage, epoxy garage floors, approximately 3000 sq. ft. of pavers with low maintenance planters and automatic irrigation. Each unit has a separate dishwasher, refrigerator, mini split (cooling & heat) and laundry area. There are 2 spacious outdoor areas, one with a gazebo. New garage doors are on order and included.

Last Agent to Sell the Property

Melissa Griffith

Pellego, Inc. License #01955998 Listed on: 06/29/2021

Pellego, Inc.

Last Buyer's Agent

Bret Pursuit

Pursuit Brokerage License #01411330

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Front and Back Yard Sprinklers

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,357 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Free-Standing Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Wall Furnace
  • 220 Volts in Garage
  • Gas Water Heater

Additional Features

  • Ocean Side of Highway 1
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 2 / 1
  • Tax Tract Number 794
  • Assessor Parcel Number 69207209

Community Details

Overview

  • 2 Units

Recreation

  • Park
  • Water Sports
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $600
  • Trash Expense $300
  • Water Sewer Expense $1,500
  • Operating Expense $3,600
  • Gross Income $50,400
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: New garage doors are on order
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 69207209
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 1016.95

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Wall Furnace, Heat Pump
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Inside, Outside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 600.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 46800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Total Expenses: 3600.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 421.08
  • Tax Lot: 2
  • Tax Tract Number: 794

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
09/01/2021 09/01/21 Sold $1,380,000 +0.4% $1,017 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $1,375,000 -- $1,013 / 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: OC21134937

California Regional Multiple Listing Service (CRMLS)

APN: 692-072-09