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108 E El Portal, San Clemente, CA 92672
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108 E El Portal San Clemente, CA 92672

$1,365,000 Sold Price as of 10/07/2020
  • 7 Beds
  • 6 Baths
  • 3,063 Sq.Ft.
Sold
$1,365,000 Sold Price as of 10/07/2020 Refinance Your Mortgage
Map preview of 108 E El Portal, San Clemente, CA 92672

Property Overview: 108 E El Portal San Clemente, CA has 7 bedrooms, 6 bathrooms, 3,063 living square feet and 4,190 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prime income-producing 3-plex in the heart of San Clemente, just minutes from world-class beaches and downtown shops and restaurants. Extremely stable investment building with no vacancies and fantastic tenants. Great unit mix and layouts make this building a fantastic long-term investment at the beach. All units are occupied. Unit #A is a large three bedroom, two bathroom single story ground level(potential owner's unit), Unit #B a two bedroom, two bathroom upper level with ocean view deck and Unit #C a two bedroom, one & half bath upper level with ocean view deck with total building square footage of almost 3100 sq ft. Well maintained property with improvements including remodeled kitchens, bathrooms and some flooring. Newer composition roof, newer dual pane windows in some of the property. Plenty of parking with attached 3 car garage and 3 large driveway parking spaces. On site landlord-owned laundry facility generates additional monthly income. Nice west of the freeway location is always easy to find great tenants. Great proximity to quaint downtown San Clemente, North Beach, train station, shopping, schools, freeway & all the world famous San Clemente Beaches. Low existing rents to prevailing market provides good upside rent potential. Operating expenses reflect revised estimated property tax amount of new purchase.

Listed by Sean Grange | BRE #01343165 | Compass
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
4,190
HOA Dues
$0/mo
Year built
1964
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20171287
City
San Clemente
County
Orange
Time on Site
1343 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,825
  • Total Rent: $1,825
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,300
  • Net Operating Income: $54,801
  • Gross Operating Income: --
  • Laundry Income: $1,800
Annual Expense Breakdown
  • Total Operating Expense: $20,499
  • Electric: $296
  • Gas/Fuel: $694
  • New Taxes: $13,923
  • Trash: $771
  • Insurance: $1,890
  • Water/Sewer: $2,925

Property Details for 108 E El Portal

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Community, Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 05715408
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Downtown San Clemente
  • Directions: El Portal / Camino Real
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local San Clemente Agent

Sale History for 108 E El Portal

Last sold for $1,365,000 on October 7th, 2020

  • October, 2020

  • Oct 7, 2020

    Date

    Sold

    CRMLS: OC20171287

    $1,365,000

    Price

  • Aug 31, 2020

    Date

    Pending

    CRMLS: OC20171287

    $1,400,000

    Price

  • Aug 31, 2020

    Date

    Price Change

    CRMLS: OC20171287

    $1,400,000

    Price

  • Aug 23, 2020

    Date

    Active

    CRMLS: OC20171287

    $1,365,000

    Price

  • December, 2015

  • Dec 2, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,112,000

    Price

  • December, 2013

  • Dec 26, 2013

    Date

    Price Change

    CRMLS: OC13251826

    $1,750

    Price

  • Listing provided courtesy of CRMLS

    Refrigerator include with This Ocean View, Large Two Bedroom Condo, Bathroom w/ Tub & Shower and Master Bathroom with a Shower. This is Truly a Unique and Stunning Condo. One Car Garage & Driveway Parking. Coin Laundry on Property for Tenants Use. Ocean Views from Large Deck, Master Bedroom, Kitchen & Living Room. New Kitchen Counter Tops, Nice Hardwood Floors, Freshly Painted, New Window Coverings & New Refrigerator.

  • August, 2006

  • Aug 11, 2006

    Date

    Sold (Public Records)

    Public Records

    $1,149,000

    Price

Show More

Tax History for 108 E El Portal

Assessed Value (2020): $1,178,707
Year Land Value Improved Value Assessed Value
2020 $1,072,623 $106,084 $1,178,707

Home Value Compared to the Market

This property vs the competition

108 E El Portal sold on October 7, 2020 for 18.84% lower than the current median sold price for the city of San Clemente which is $1,725,000. The median sold price per/sqft for San Clemente is $784 and this home is sold at $457.07 per/sqft which puts the price per square foot 41.7% lower than the current median sale per square foot for the city of San Clemente.

About 108 E El Portal

Detailed summary of property

108 E El Portal is a multi family that recently sold in San Clemente, CA 92672. This multi family property offered 7 bedrooms, 6 bathrooms, roughly 3,063 living square feet, and sits on an approximately 4,190 square foot lot. 108 E El Portal was first listed on ArdentRealEstateGroup.com on August 23, 2020. The homeowner sold the property for $1,365,000. Home in San Clemente are selling for a median price of $1,725,000 and a median price per square foot of $784. Based on Ardent Real Estate Group's San Clemente Market Data, this home is sold 18.84% lower than the current median priced home. Local homes that are currently for sale include 896 N Cota St, 7851 Cypress Dr and 825 S Claudina St. While the average home in San Clemente, CA is selling in 53 days, 108 E El Portal has a days on market of 9 days. There are currently 172 homes for sale in the San Clemente real estate market and 142 of them are single family homes while 26 of them are condos and 4 are townhomes. For more information on this home for sale at 108 E El Portal San Clemente, CA 92672 contact Ardent Real Estate Group and we will put you in touch with one of our San Clemente agents.

Public Facts for 108 E El Portal

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
3,063
Lot Size
4,190
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
26
APN
057-154-08

The source for these homes facts are from public records.

92672 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,999,000
Median List Price/Sq.Ft.
$994
Median Sold Price
$1,850,000
Median Sold Price/Sq.Ft.
$871
Total Inventory
102
Median Sale to List Price %
97.42%
Avg Days on Market
28
Loan Type
Conventional (39.29%), FHA (0%), VA (0%), Cash (32.14%), Other (28.57%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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