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

122 E El Portal
San Clemente, California CA 92672-3910
Sold For: $1,499,000
Listing ID SW23046655
Status Closed
Sold Date 4/25/2023
Price/SqFt $629.04
SqFt 2,383
Acres 0.121
Year Built 1964

Property Description:

Great opportunity to own an income producing property on the west side of freeway. Just blocks away from downtown, pier, and beaches. Upstairs unit has peak ocean view. It is a two bedroom and one bath unit. Laminate flooring throughout living room, hallway, and one bedroom. It also comes with a carport and semi private use yard. Upstairs unit was built over the garage and carport. So noone is above or below the other unit. The downstairs unit is three bedroom and 1.75 baths. Master bedroom has his and her closets. Secondary bedroom comes with a walkin closet. It has a separate laundry room off the kitchen. There is currently laminate flooring through the home, but I was told from tenant that the original hardwood is still intact underneath. It has a good size front and side yard. There is also a little artist studio in the back. Downstairs unit also comes with a two car garage. This unit has two water heaters servicing it so hot water is always ready. So much potential for this property! This is a great opportunit for long term rental income. So much upside. Dont let this one pass you by!

Primary Features

County: Orange
Price/SqFt: 629.04
Property Sub Type: Duplex
Property Type: Residential Income
Year Built: 1964

Interior

Average 1 Bed Area Units: Square Feet
Average 2 Bed Area: 883
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area: 1500
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 1 Common Wall, No One Above, No One Below
Fireplace: no
Fireplace Features: None
Garage Spaces: 2
Heating: yes
Heating Type: Forced Air, Wall Furnace
Laundry: yes
Laundry Features: Individual Room
Levels: One, Two
Number With Range: 2
Number With Refrigerator: 1
Stories Total: 2

External

Carport Spaces: 1
Electric: 220 Volts in Garage
Lot Features: Irregular Lot
Lot Size Area: 5266
Lot Size Source: Estimated
Lot Size Square Feet: 5266
Number Of Buildings: 1
Parking: yes
Parking Features: Attached Carport, Driveway - Combination, Garage
Parking Total: 3
Pool Features: None
Private Pool: no
Property Attached: yes
Roof: Composition
Sewer: Public Sewer
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 699 - Not Defined

Additional

Additional Parcels: no
Assessments: Unknown
Association: no
Community Features: Sidewalks
Days On Market: 3
List Agent State License: 01349938
List Office State License: 02062903
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Number Of Separate Water Meters: 1
Number Of Units Leased: 2
Number Of Units Total: 2
Parcel Number: 05715401
Senior Community: no
Year Built Source: Assessor

Financial

Cap Rate: 3
Gross Scheduled Income: 36600
Insurance Expense: 1891
Land Lease: no
Net Operating Income: 31286
Operating Expense: 5313.36
Other Expense: 1321
Other Expense Description: taxes
Price Per Unit: 752500
Rent Control: no
Special Listing Conditions: Trust
Tax Block: 6
Tax Census Tract: 421.07
Tax Lot: 19
Tax Tract Number: 793
Tenant Pays: Cable TV, Electricity, Gas
Total Actual Rent: 36600
Total Expenses: 5313
Trash Expense: 600
Water Sewer Expense: 1500

Zoning Info


Area Info


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Contact - Listing ID SW23046655

Patrick Parry

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

Data services provided by IDX Broker
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