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For more information on this property, contact Patrick Parry at 9492358614 or pat@patparryhomes.com

215 W Canada
San Clemente, California CA 92672-5000
Sold For: $2,475,000
Listing ID OC23050829
Status Closed
Sold Date 8/24/2023
Price/SqFt $643.19
SqFt 3,848
Acres 0.140
Subdivision Other (OTHR)
Year Built 1972

Property Description:

Recently updated 4-plex within walking distance to the beach, the San Clemente Beach Trail and popular Avenida Del Mar with all its eclectic shops and restaurants! This is an excellent investment opportunity only steps to the sand and sun. All four units are 2 bedrooms, 1 bath encompassing a building consisting of 3,848 sq ft. Numerous recent updates throughout units B, C, and D include: new lighting fixtures, some new outlets, switches and plates, new kitchen cabinets and countertops, new stainless steel appliances, new water resistant laminate flooring, new baseboards, new bathrooms including tub/shower, vanities/countertops, faucets, toilets, and flooring, new interior paint, new blinds, new hardware, new thermostats, new smoke/co2 detectors and more! Unit A was remodeled in January 2019 with granite counters, wood laminate flooring, cabinetry, and stainless-steel appliances. New updates to Unit A include new ceiling fans and recessed lighting, a new thermostat, new blinds, and an updated bathroom with a new vanity, faucet, mirror, medicine cabinet, toilet, and lighting. Exterior updates include new garage doors, motors, sensors and tracks, new door pads, new exterior lighting, new block retaining walls, new landscaping, new sprinkler drip system and new fencing. Newer double pane windows and slider doors installed previously. The exterior was painted in 2022. The whole building was re-piped in 2018. Four car garage and driveway parking. New washer and dryer in the community laundry room with a countertop and shelf. Plenty of outdoor space with multiple updated large balconies and a newly updated beautiful backyard area. In addition to the beach nearby, Las Palmas Elementary and Max Berg Park are just around the corner! Check this one out!

Primary Features

County: Orange
Price Reduction Date: 2023-06-23T16:44:36+00:00
Price/SqFt: 643.19
Property Sub Type: Quadruplex
Property Type: Residential Income
Subdivision: Other (OTHR)
Year Built: 1972

Interior

Appliances: yes
Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Garage Spaces: 4
Interior Features: Balcony, Ceiling Fan(s), Crown Molding, Living Room Balcony, Open Floorplan, Recessed Lighting, Stone Counters
Laundry: yes
Laundry Features: Community
Levels: Two
Spa: no
Spa Features: None
Stories Total: 2

External

Construction Materials: Stucco
Door Features: Sliding Doors
Lot Features: Landscaped, Park Nearby
Lot Size Area: 6098
Lot Size Source: Assessor
Lot Size Square Feet: 6098
Number Of Buildings: 1
Parking: yes
Parking Features: Driveway, Concrete, Garage
Parking Total: 8
Pool Features: None
Private Pool: no
Property Attached: yes
Road Frontage Type: City Street
Road Surface Type: Paved
Sewer: Public Sewer
Uncovered Spaces: 4
View: yes
View Type: Ocean, Peek-A-Boo
Water Source: Public
Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1
Window Features: Blinds

Location

Country: US
Elevation Units: Feet
MLS Area Major: SC - San Clemente Central
Subdivision Name Other: other

Additional

Additional Parcels: no
Association: no
Co List Agent State License: 01461548
Co List Office State License: 00530584
Community Features: Biking, Curbs, Sidewalks
Days On Market: 115
List Agent State License: 01279209
List Office State License: 00530584
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 5
Number Of Separate Gas Meters: 5
Number Of Separate Water Meters: 1
Number Of Units Total: 4
Parcel Number: 69207221
Property Condition: Turnkey, Updated/Remodeled
Senior Community: no
Year Built Source: Assessor

Financial

Cap Rate: 4.7
Electric Expense: 360
Gross Scheduled Income: 150420
Insurance Expense: 1800
Land Lease: no
Net Operating Income: 116820
New Taxes Expense: 25500
Operating Expense: 33600
Price Per Unit: 624750
Rent Control: no
Special Listing Conditions: Standard
Tax Block: 1
Tax Census Tract: 421.08
Tax Lot: 14
Tax Tract Number: 794
Total Expenses: 33600
Trash Expense: 1140
Water Sewer Expense: 4800

Zoning Info


Area Info


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Contact - Listing ID OC23050829

Patrick Parry

24302 Del Prado, #B
Dana Point, CA 92629
Phone: 9492358614

Data services provided by IDX Broker
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