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302 Avenida Cabrillo, San Clemente, CA 92672
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302 Avenida Cabrillo San Clemente, CA 92672

$1,225,000 Sold Price as of 03/08/2021
  • 3 Beds
  • 2 Baths
  • 1,955 Sq.Ft.
Sold
$1,225,000 Sold Price as of 03/08/2021 Refinance Your Mortgage
Map preview of 302 Avenida Cabrillo, San Clemente, CA 92672

Property Overview: 302 Avenida Cabrillo San Clemente, CA has 3 bedrooms, 2 bathrooms, 1,955 living square feet and 3,920 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tremendous investment opportunity within walking distance to Avenida Del Mar in beautiful San Clemente! Two spacious ranch-style units with great curb appeal! The property has one 1 bedroom/1 bath unit and one 2 bedroom/1 bath unit. Stable long-term tenants, well maintained inside and out, one garage spot per unit, community laundry in garage. Also a possible redevelopment opportunity given awesome corner location and large lot. Do not visit property, all tours by appointment only.

Listed by James Vanar | BRE #01389279 | Anchor West Properties, Inc.
Last checked: 15 minutes ago | Last updated: April 14th, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
3,920
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21018042
City
San Clemente
County
Orange
Time on Site
1181 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,945
  • Total Rent: $1,945
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,835
  • Total Rent: $1,835
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.2%
  • Gross Rent Multiplier: 24.25
  • Gross Scheduled Income: $45,360
  • Net Operating Income: $37,373
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income Description: Tenant owns laundry machines
Annual Expense Breakdown
  • Total Operating Expense: $7,987
  • New Taxes: $11,000
  • Trash: $528
  • Gardener: $900
  • Insurance: $900
  • Maintenance: $1,500
  • Professional Management: $3,175
  • Water/Sewer: $984

Property Details for 302 Avenida Cabrillo

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 69205330
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: SC
  • Directions: 302 Ave Cabrillo/Calle Seville
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local San Clemente Agent

Sale History for 302 Avenida Cabrillo

Last leased for $2,995 on April 14th, 2022

  • April, 2022

  • Apr 14, 2022

    Date

    Leased

    CRMLS: OC22064377

    $2,995

    Price

  • Mar 31, 2022

    Date

    Active

    CRMLS: OC22064377

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled 1 bedroom, 1 bath duplex house! Incredible corner lot location within walking distance to the beach, the San Clemente Beach Trail, Linda Lane Park and popular Del Mar with its excellent shops and restaurants! Live near all the best of San Clemente! This unit has been immaculately updated to exude a desirable contemporary coastal living vibe. The functional open floorplan is complimented with new vinyl flooring throughout and new paint. Highlights of the updated kitchen include quartz counter tops, a new sink and faucet, new cabinetry, new stainless-steel appliances and a slider offering access to back patio. The bathroom is beautiful with a new vanity, fixtures, new flooring and a new shower. A new bordering wall creates an enclosed private front yard with landscaping making it the perfect outdoor relaxing retreat. Parking consists of a one car garage. Enjoy the added convenience of private laundry hookups in garage. A must see updated unit and location by the beach!

  • February, 2022

  • Feb 15, 2022

    Date

    Pending

    CRMLS: OC22026686

    $3,250

    Price

  • Feb 10, 2022

    Date

    Active

    CRMLS: OC22026686

    $3,250

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled 2 bedroom, 1 bath duplex house! Incredible corner lot location within walking distance to the beach, the San Clemente Beach Trail, Linda Lane Park and popular Del Mar with its excellent shops and restaurants! Live near all the best of San Clemente! This unit has been immaculately updated to exude a desirable contemporary coastal living vibe. The functional open floorplan is complimented with new vinyl flooring throughout and new paint. Highlights of the updated kitchen include quartz counter tops, a new sink and faucet, new cabinetry, new stainless-steel appliances and a slider offering access to back patio. The bathroom is beautiful with a new vanity, fixtures, new flooring and a new shower. A new bordering wall creates an enclosed private front yard with landscaping making it the perfect outdoor relaxing retreat. Parking consists of a one car garage and the driveway. Enjoy the added convenience of private laundry hookups on the back patio. A must see updated unit and location by the beach!

  • March, 2021

  • Mar 9, 2021

    Date

    Sold

    CRMLS: OC21018042

    $1,225,000

    Price

  • Feb 1, 2021

    Date

    Pending

    CRMLS: OC21018042

    $1,175,000

    Price

  • Jan 29, 2021

    Date

    Price Change

    CRMLS: OC21018042

    $1,175,000

    Price

  • Jan 28, 2021

    Date

    Active

    CRMLS: OC21018042

    $1,100,000

    Price

Show More

Tax History for 302 Avenida Cabrillo

Assessed Value (2020): $66,442
Year Land Value Improved Value Assessed Value
2020 $25,248 $41,194 $66,442

Home Value Compared to the Market

This property vs the competition

302 Avenida Cabrillo sold on March 8, 2021 for 31.88% 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 $601.02 per/sqft which puts the price per square foot 23.34% lower than the current median sale per square foot for the city of San Clemente.

About 302 Avenida Cabrillo

Detailed summary of property

302 Avenida Cabrillo is a multi family that recently sold in San Clemente, CA 92672. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,955 living square feet, and sits on an approximately 3,920 square foot lot. 302 Avenida Cabrillo was first listed on ArdentRealEstateGroup.com on January 28, 2021. The homeowner sold the property for $1,225,000. 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 31.88% lower than the current median priced home. Local homes that are currently for sale include 10680 Burton St, 403 N N Harbor Blvd and 225 S Main St. While the average home in San Clemente, CA is selling in 53 days, 302 Avenida Cabrillo has a days on market of 3 days. There are currently 174 homes for sale in the San Clemente real estate market and 143 of them are single family homes while 28 of them are condos and 3 are townhomes. For more information on this home for sale at 302 Avenida Cabrillo 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 302 Avenida Cabrillo

Public county record property details
Beds
--
Baths
--
Year built
1958
Sq. Ft.
1,955
Lot Size
4,812
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
18
APN
692-053-30

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%)

Thinking of Selling?

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(714) 706-1823

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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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