NOT LISTED FOR SALE
5 Beds
3 Baths
2,299 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: December 5, 2019

Last sale price $1,399,990 $609 Per Sq Ft

9 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • Property is near park
  • Las Palmas Elementary School Rated A-
  • Open Floorplan
  • 2-minute walk to Max Berg Park

About This Home

As of December 2019

Recently updated triplex! Incredible turnkey investment opportunity on the west side of the 5 and PCH! Top-notch location within walking distance to beach access, the San Clemente Beach Trail, Linda Lane Park, Las Palmas Elementary School and more! The two units on the lower level are 2 Bed/1 Bath (A & B) and the upper level unit is 1 Bed/1 Bath (C). Unit A in the front showcases a large, enclosed turf lined courtyard, beautiful French doors, industrial lighting fixtures, beamed, vaulted ceilings, an updated kitchen with a gorgeous backsplash and Saltillo tile flooring. Unit B boasts a recently updated trendy kitchen with quartz counters, PEX plumbing, beautiful tile flooring, skylights, vaulted beamed ceilings, an open floorplan and its own spacious, private patio. Unit C upstairs is defined by a peak-a-boo ocean view from the main living area and bedroom, vaulted, beamed ceilings, plantation shutters and its own private patio. Additional updates to the building include exterior stucco and wood beam ceilings have been redone, newer exterior paint, double paned windows and newer water heaters. All units have stackable washers and dryers inside and a one car garage each found in the back of the building accessed through the alley. This is a fantastic opportunity! Hurry on this ideal location near the beach and the best of San Clemente for a beautifully turnkey investment building!

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 10/12/2019

Co-Listed By

Bill Conrad

Conrad Realtors Inc License #01461548

Last Buyer's Agent

Cissy Chen

Barcode Properties License #00787087

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Triplex
  • Turnkey
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,299 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • French Doors

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Outdoor Features

  • Ocean Side of Highway 1
  • Rain Gutters

Additional Features

  • Property is near park
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 38 / 13
  • Tax Tract Number 793
  • Assessor Parcel Number 05805104

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Other Expense $3,550
  • Trash Expense $500
  • Water Sewer Expense $2,100
  • New Taxes Expense $13,900
  • Operating Expense $21,600
  • Gross Income $85,800
  • Net Operating Income $64,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1956 | Remodeled

Lot Details

3,920 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 4.50
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2100.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 05805104
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceilings, High Ceilings, Open Floorplan, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone, Tile
  • Door Features: French Doors
  • Price Per Square Foot: 608.96
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • View: Ocean, Peek-A-Boo, Water
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet, Inside, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Park Nearby
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Gross Income: 85800.00
  • Gross Scheduled Income: 85800.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 64350.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 21450.00
  • Operating Expense Percent: 25.00
  • Other Expense: 3550.00
  • Other Expense Description: MISC.
  • Rent Control: No
  • Total Actual Rent: 7150.00
  • Total Expenses: 21600.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 13900.00
  • Tax Block: 13
  • Tax Census Tract: 421.07
  • Tax Lot: 38
  • Tax Tract Number: 793

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2019
Closed on
Nov 1, 2019
Sold by
Wang Rayrong Lin
Bought by
Seller's Agent
Jeremy Conrad
Conrad Realtors Inc
Buyer's Agent
Cissy Chen
Barcode Properties
List Price
$1,425,000
Sold Price
$1,399,990
Premium/Discount to List
-$25,010
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Outstanding Balance
$659,599
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2019
Closed on
Oct 30, 2019
Sold by
Duke Kristy Parker
Bought by
Wang Rayrong Lin
Seller's Agent
Jeremy Conrad
Conrad Realtors Inc
Buyer's Agent
Cissy Chen
Barcode Properties
List Price
$1,425,000
Sold Price
$1,399,990
Premium/Discount to List
-$25,010
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Outstanding Balance
$659,599
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2019
Closed on
Oct 29, 2019
Sold by
Wang Jim Biau
Bought by
Wang Rayrong Lin
Seller's Agent
Jeremy Conrad
Conrad Realtors Inc
Buyer's Agent
Cissy Chen
Barcode Properties
List Price
$1,425,000
Sold Price
$1,399,990
Premium/Discount to List
-$25,010
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Outstanding Balance
$659,599
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2017
Sold by
Duke Alan S Parker
Bought by
Duke Kristy Parker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$839,900
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Kargola Kristy and Bentley Kristy L
Bought by
Kargola Kristy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2016
Sold by
Bentley Craig M and Bentley Kristy L
Bought by
Bentley Kristy L

Purchase Details

Closed on
Jan 14, 2005
Sold by
Medley Gerald G and Medley Susan
Bought by
Bentley Craig M and Bentley Kristy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2000
Sold by
Medley and Susan
Bought by
Medley Gerald G and Medley Susan

Purchase Details

Closed on
Aug 11, 1998
Sold by
Carol James Z and Carol Cynthia Marie
Bought by
Medley Jerry G and Medley Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1997
Sold by
Fay Hardison Geraldine and Fay Richard F
Bought by
Carol James Z and Carol Cynthia Marie

Purchase Details

Closed on
Oct 10, 1995
Sold by
Hardison Geraldine Fay
Bought by
Hardison Richard C and Hardison Geraldine Fay

Purchase Details

Closed on
May 12, 1995
Sold by
Hardison Geraldine Fay
Bought by
Hardison Geraldine Fay and Hardison Richard F
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central San Clemente, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
Wang Rayrong Lin $1,400,000 Lawyers Title Company
Wang Rayrong Lin -- Lawyers Title Company
Duke Kristy Parker -- Stewart Title
Duke Kristy Parker -- Stewart Title
Kargola Kristy -- Lawyers Title
Bentley Kristy L -- None Available
Bentley Craig M $750,000 Lawyers Title Company
Medley Gerald G -- --
Medley Jerry G $255,000 Lawyers Title Company
Carol James Z $196,000 --
Hardison Richard C -- --
Hardison Geraldine Fay -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $764,000
Previous Owner Duke Kristy Parker $851,000
Previous Owner Duke Kristy Parker $839,900
Previous Owner Kargola Kristy $625,500
Previous Owner Bentley Craig M $555,000
Previous Owner Bentley Craig M $555,000
Previous Owner Bentley Craig M $570,000
Previous Owner Bentley Craig M $603,000
Previous Owner Bentley Craig M $140,000
Previous Owner Bentley Craig M $100,000
Previous Owner Bentley Craig M $97,000
Previous Owner Bentley Craig M $600,000
Previous Owner Medley Gerald G $300,000
Previous Owner Medley Jerry G $178,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $1,399,990 -1.8% $609 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/12/2019 10/12/19 For Sale $1,425,000 -- $620 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $15,471 $1,561,611 $1,115,519 $446,092
2025 $15,471 $1,530,992 $1,093,646 $437,346
2024 $15,214 $1,500,973 $1,072,202 $428,771
2023 $14,892 $1,471,543 $1,051,179 $420,364
2022 $14,608 $1,442,690 $1,030,568 $412,122
2021 $14,327 $1,414,402 $1,010,360 $404,042
2020 $14,184 $1,399,900 $1,000,000 $399,900
2019 $9,542 $940,844 $837,215 $103,629
2018 $9,341 $920,597 $820,799 $99,798
2017 $9,140 $900,782 $804,705 $96,077
2016 $8,248 $812,200 $720,048 $92,152
2015 $8,123 $800,000 $709,232 $90,768
2014 $8,025 $790,000 $699,232 $90,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19241639

California Regional Multiple Listing Service (CRMLS)

APN: 058-051-04

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