322 W Avenida Palizada, San Clemente, CA 92672
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322 W Avenida Palizada San Clemente, CA 92672

$2,425,000 Sold Price as of 06/30/2023
  • 5 Beds
  • 0 Baths
  • 3,096 Sq.Ft.
Sold
$2,425,000 Sold Price as of 06/30/2023 Refinance Your Mortgage

Map preview of 322 W Avenida Palizada, San Clemente, CA 92672

Property Overview: 322 W Avenida Palizada San Clemente, CA has 5 bedrooms, -- bathrooms, 3,096 living square feet and 5,663 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent investment opportunity by the beach! This fourplex is located just one block to the beach and the San Clemente Beach Trail which leads to the San Clemente Pier and past multiple surf breaks! Linda Lane Park and Beach and Casa Romantica are both right around the corner as well! Only three blocks to downtown shopping and entertainment on popular Del Mar! This location is phenomenal! One unit is 2bdr/1ba and the other three units are 1bdr/1ba. One carport and one driveway parking space accompany each unit. Tenants can enjoy a sparking private pool and patio in the common area which is gated and well maintained. Coin operated laundry room on site. It’s hard to beat an investment in this superb location! Only steps to the best of San Clemente – beaches, the Pier, the beach trail, Casa, park, shopping and dining!

Listed by Michelle Johnson | BRE #01315411 | Conrad Realtors Inc
Last checked: 15 minutes ago | Last updated: July 1st, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,663
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
OC23117278
City
San Clemente
County
Orange
Time on Site
299 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,216
  • Total Rent: $2,216
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,153
  • Total Rent: $2,153
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $93,640
  • Net Operating Income: $61,940
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $31,700
  • Electric: $800
  • Gas/Fuel: $500
  • New Taxes: $24,250
  • Trash: $800
  • Gardener: $750
  • Insurance: $1,700
  • Water/Sewer: $1,400

Property Details for 322 W Avenida Palizada

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Covered, Driveway, Concrete
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 69205212
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: other
  • Directions: W off N El Camino Real
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

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Sale History for 322 W Avenida Palizada

Last sold for $2,425,000 on June 30th, 2023
  • June, 2023

  • Jun 30, 2023

    Date

    Active

    CRMLS: OC23117278

    $2,425,000

    Price

  • Jun 30, 2023

    Date

    Sold

    CRMLS: OC23117278

    $2,425,000

    Price

  • October, 2020

  • Oct 12, 2020

    Date

    Canceled

    CRMLS: OC20042160

    $1,750,000

    Price

  • Sep 30, 2020

    Date

    Price Change

    CRMLS: OC20042160

    $1,750,000

    Price

  • Sep 3, 2020

    Date

    Price Change

    CRMLS: OC20042160

    $1,799,999

    Price

  • Jul 13, 2020

    Date

    Price Change

    CRMLS: OC20042160

    $1,850,000

    Price

  • Jun 2, 2020

    Date

    Price Change

    CRMLS: OC20042160

    $1,895,000

    Price

  • May 22, 2020

    Date

    Price Change

    CRMLS: OC20042160

    $1,800,000

    Price

  • May 22, 2020

    Date

    Price Change

    CRMLS: OC20042160

    $1,895,000

    Price

  • Feb 28, 2020

    Date

    Active

    CRMLS: OC20042160

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity by the beach! This fourplex is located just one block to the beach and the San Clemente Beach Trail which leads to the San Clemente Pier and past multiple surf breaks! Linda Lane Park and Beach and Casa Romatinca are both right around the corner as well! Only three blocks to downtown shopping and entertainment on popular Del Mar! This location is phenomenal! One unit is 2bdr/1ba and the other three units are 1bdr/1ba. One carport and one driveway parking space accompany each unit. Tenants can enjoy a sparking private pool and patio in the common area which is gated and well maintained. Coin operated laundry room on site. It’s hard to beat an investment in this superb location! This is your chance to own only steps to the best of San Clemente – beaches, the Pier, the beach trail, Casa, park, shopping and dining! Hurry!

  • December, 2019

  • Dec 20, 2019

    Date

    Canceled

    CRMLS: OC19228993

    $1,900,000

    Price

  • Nov 21, 2019

    Date

    Price Change

    CRMLS: OC19228993

    $1,900,000

    Price

  • Nov 20, 2019

    Date

    Price Change

    CRMLS: OC19228993

    $1,950,000

    Price

  • Oct 14, 2019

    Date

    Price Change

    CRMLS: OC19228993

    $2,050,000

    Price

  • Oct 4, 2019

    Date

    Active

    CRMLS: OC19228993

    $2,125,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity by the beach! This fourplex is located just one block to the beach and the San Clemente Beach Trail which leads to the San Clemente Pier and past multiple surf breaks! Linda Lane Park and Beach and Casa Romatinca are both right around the corner as well! Only three blocks to downtown shopping and entertainment on popular Del Mar! This location is phenomenal! One unit is 2bdr/1ba and the other three units are 1bdr/1ba. One carport and one driveway parking space accompany each unit. Tenants can enjoy a sparking private pool and patio in the common area which is gated and well maintained. Coin operated laundry room on site. It’s hard to beat an investment in this superb location! This is your chance to own only steps to the best of San Clemente – beaches, the Pier, the beach trail, Casa, park, shopping and dining! Hurry!

  • October, 2018

  • Oct 20, 2018

    Date

    Leased

    CRMLS: OC18254981

    $1,725

    Price

  • Oct 20, 2018

    Date

    Active

    CRMLS: OC18254981

    $1,725

    Price

  • Listing provided courtesy of CRMLS

    Fantastic lower level 1 bedroom 1 bath just a few short blocks from the heart of San Clemente! Darling floorplan - Enjoy hardwood laminate flooring throughout, upgraded white kitchen cabinets and granite counter tops, sliding glass doors off living room open to a patio & community pool for all residents of the fourplex to enjoy! This unit also has lighted ceiling fans, mirrored closet doors in bedroom, 1 carport plus parking space behind, lots of storage in kitchen, hallway cupboards, large hall closet and storage closet in carport. Includes gas stove, dishwasher, and refrigerator. There is coin operated laundry room on site. Walk to so much in just minutes!...Beach, pier, Linda Lane park, public beach access, downtown San Clemente's restaurants & shopping!

  • March, 2014

  • Mar 7, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

Show More

Tax History for 322 W Avenida Palizada

Assessed Value (2020): $1,305,002
Year Land Value Improved Value Assessed Value
2020 $1,187,552 $117,450 $1,305,002

Home Value Compared to the Market

This property vs the competition

322 W Avenida Palizada sold on June 30, 2023 for 40.58% higher 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 $783.27 per/sqft which puts the price per square foot 0.09% lower than the current median sale per square foot for the city of San Clemente.

About 322 W Avenida Palizada

Detailed summary of property

322 W Avenida Palizada is a fourplex that recently sold in San Clemente, CA 92672. This fourplex offered 5 bedrooms, -- bathrooms, roughly 3,096 living square feet, and sits on an approximately 5,663 square foot lot. 322 W Avenida Palizada was first listed on ArdentRealEstateGroup.com on July 1, 2023. The homeowner sold the property for $2,425,000. 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 40.58% higher than the current median priced home. Local homes that are currently for sale include 280 E 16th St., 222 Costa Mesa St and 222 Costa Mesa St. 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 322 W Avenida Palizada 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 322 W Avenida Palizada

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
3,096
Lot Size
5,620
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
17
APN
692-052-12

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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Related Resources to 322 W Avenida Palizada

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.