507 Avenida Victoria, San Clemente, CA 92672
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507 Avenida Victoria San Clemente, CA 92672

$2,125,000 Sold Price as of 08/10/2020
  • 5 Beds
  • 5 Baths
  • 2,752 Sq.Ft.
Sold
$2,125,000 Sold Price as of 08/10/2020 Refinance Your Mortgage

Map preview of 507 Avenida Victoria, San Clemente, CA 92672

Property Overview: 507 Avenida Victoria San Clemente, CA has 5 bedrooms, 5 bathrooms, 2,752 living square feet and 7,709 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location! Location! Location! Walk to the San Clemente Pier, the San Clemente Beach Trails, surfing, fantastic restaurants and only blocks from popular Del Mar street! Huge perk - this property is in the STLU vacation rental zone and can be a future vacation rental with city of San Clemente! Ideal vacation home or investor property. 3 of the 4 units in this fourplex have recently been updated with new flooring, paint, lighting fixtures, bathrooms and new kitchens including cabinets, counters and appliances. Three units are 1bdr/1ba and one unit is 2bdr/2ba. The 2bd/2ba unit has an upstairs master bedroom with an ocean view and a balcony! All units either have a private deck or patio to soak up the sun. Each unit gets a 1 car garage and two of the units have fireplaces. This is rare opportunity and offering for a building so close to the sand and waves!

Listed by Jeremy Conrad | BRE #01279209 | Conrad Realtors Inc
Co-listed by Bill Conrad | BRE #01461548 | Conrad Realtors Inc
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
7,709
HOA Dues
$0/mo
Year built
1948
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC20079803
City
San Clemente
County
Orange
Time on Site
1379 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,295
  • Total Rent: $2,295
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $2,095
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.17%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $118,230
  • Net Operating Income: $88,650
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $29,850
  • Electric: $500
  • Gas/Fuel: $0
  • New Taxes: $21,000
  • Trash: $1,200
  • Insurance: $1,500
  • Water/Sewer: $2,400
  • Other Expense Description: Est Exp.

Property Details for 507 Avenida Victoria

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Open Floorplan
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage Faces Front
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 69203223
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: other
  • Directions: Take Del Mar towards the ocean. Del Mar connects to Avenida Victoria at the San Clemente Pier. Property is on the right as up come up from the beach on Avenida Victoria.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 507 Avenida Victoria

Last sold for $2,125,000 on August 10th, 2020
  • August, 2020

  • Aug 10, 2020

    Date

    Sold

    CRMLS: OC20079803

    $2,125,000

    Price

  • Jun 29, 2020

    Date

    Pending

    CRMLS: OC20079803

    $2,125,000

    Price

  • Jun 5, 2020

    Date

    Active Under Contract

    CRMLS: OC20079803

    $2,125,000

    Price

  • May 5, 2020

    Date

    Active

    CRMLS: OC20079803

    $2,125,000

    Price

  • May, 2019

  • May 30, 2019

    Date

    Leased

    CRMLS: OC19094920

    $1,995

    Price

  • May 6, 2019

    Date

    Pending

    CRMLS: OC19094920

    $1,995

    Price

  • Apr 26, 2019

    Date

    Active

    CRMLS: OC19094920

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    Unbelievable Location! San Clemente Pier and Beaches are on the same street, right around the bend! Also, walk to nearby Del Mar Shops and Dining within 5 minutes! Just Remodeled 1 Bedroom, 1 Bathroom Unit with all the latest Interior Design Trends! Incredible All New Kitchen with Chic White Cabinetry, Stainless Steel Appliances, and is open to the Living Room. Huge Closet Area with Built-ins, New Vanity, Tub, and Fixtures in the Bathroom, and New Flooring Throughout. Very Private and Spacious Outdoor Patio found at the back of the Unit. There is also a Big 1 Car Garage for Parking and 1 driveway spot for small car and Storage Space and Coined Laundry on the Property.

  • October, 2017

  • Oct 2, 2017

    Date

    Leased

    CRMLS: OC17198893

    $1,850

    Price

  • Sep 13, 2017

    Date

    Pending

    CRMLS: OC17198893

    $1,950

    Price

  • Aug 29, 2017

    Date

    Active

    CRMLS: OC17198893

    $1,950

    Price

  • Listing provided courtesy of CRMLS

    Unbelievable Location! San Clemente Pier and Beaches are on the same street, right around the bend! Also, walk to nearby Del Mar Shops and Dining within 5 minutes! Just Remodeled 1 Bedroom, 1 Bathroom Unit with all the latest Interior Design Trends! Incredible All New Kitchen with Chic White Cabinetry, Stainless Steel Appliances, and is open to the Living Room. Huge Closet Area with Built-ins, New Vanity, Tub, and Fixtures in the Bathroom, and New Flooring Throughout. Very Private and Spacious Outdoor Patio found at the back of the Unit. There is also a Big 1 Car Garage for Parking and Storage Space and Coined Laundry on the Property.

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Tax History for 507 Avenida Victoria

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $112,596 -- --

Home Value Compared to the Market

This property vs the competition

507 Avenida Victoria sold on August 10, 2020 for 23.19% 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 $772.17 per/sqft which puts the price per square foot 1.51% lower than the current median sale per square foot for the city of San Clemente.

About 507 Avenida Victoria

Detailed summary of property

507 Avenida Victoria is a fourplex that recently sold in San Clemente, CA 92672. This fourplex offered 5 bedrooms, 5 bathrooms, roughly 2,752 living square feet, and sits on an approximately 7,709 square foot lot. 507 Avenida Victoria was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $2,125,000. 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 23.19% higher than the current median priced home. Local homes that are currently for sale include 222 Costa Mesa St, 222 Costa Mesa St and 150 Cecil Pl. While the average home in San Clemente, CA is selling in 53 days, 507 Avenida Victoria has a days on market of 30 days. There are currently 168 homes for sale in the San Clemente real estate market and 141 of them are single family homes while 24 of them are condos and 3 are townhomes. For more information on this home for sale at 507 Avenida Victoria 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 507 Avenida Victoria

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
2,396
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Orange
Lot#
--
APN
692-032-23

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
$1,999,999
Median List Price/Sq.Ft.
$1,017
Median Sold Price
$1,850,000
Median Sold Price/Sq.Ft.
$871
Total Inventory
98
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 507 Avenida Victoria

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.