611 Calle Canasta, San Clemente, CA 92673
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611 Calle Canasta San Clemente, CA 92673

$1,275,000 Sold Price as of 08/07/2020
  • 8 Beds
  • 7 Baths
  • 3,680 Sq.Ft.
Sold
$1,275,000 Sold Price as of 08/07/2020 Refinance Your Mortgage

Map preview of 611 Calle Canasta, San Clemente, CA 92673

Property Overview: 611 Calle Canasta San Clemente, CA has 8 bedrooms, 7 bathrooms, 3,680 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Large 4-plex on a corner lot! Great San Clemente investment, fully occupied, and nice upside in rent too. Large 4-unit - Unit count is – 3bdr/2ba, 2bdr/2ba, 2bdr/2ba, and 1bdr/1ba. 4 garage spaces, community laundry and multiple patio/deck spaces for tenants to enjoy. Great location near shopping, restaurants, easy freeway access and only minutes to the beach and the Dana Point Harbor!

Listed by Jeremy Conrad | BRE #01279209 | Conrad Realtors Inc
Co-listed by Bill Conrad | BRE #01461548 | Conrad Realtors Inc
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 59

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1973
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC20089510
City
San Clemente
County
Orange
Time on Site
1382 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # 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: $1,960
  • Total Rent: $1,960
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,590
  • Total Rent: $1,590
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $77,940
  • Net Operating Income: $58,455
  • Gross Operating Income: $77,940
  • Other Income Description: Laundry Income- Avg $125/Month
Annual Expense Breakdown
  • Total Operating Expense: $19,485
  • Electric: $800
  • New Taxes: $13,200
  • Trash: $1,200
  • Insurance: $1,500
  • Water/Sewer: $3,000
  • Other Expense Description: 1500/Mis

Property Details for 611 Calle Canasta

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 67511106
  • 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: other
  • Directions: From Camino De Los Mares, turn right on Calle Campana, turn right on Calle Canasta
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 611 Calle Canasta

Last sold for $1,275,000 on August 7th, 2020
  • August, 2020

  • Aug 7, 2020

    Date

    Sold

    CRMLS: OC20089510

    $1,275,000

    Price

  • Jul 29, 2020

    Date

    Pending

    CRMLS: OC20089510

    $1,299,000

    Price

  • Jul 11, 2020

    Date

    Active Under Contract

    CRMLS: OC20089510

    $1,299,000

    Price

  • Jun 23, 2020

    Date

    Price Change

    CRMLS: OC20089510

    $1,299,000

    Price

  • May 12, 2020

    Date

    Active

    CRMLS: OC20089510

    $1,329,000

    Price

  • July, 2011

  • Jul 19, 2011

    Date

    Sold (Public Records)

    Public Records

    $739,500

    Price

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Tax History for 611 Calle Canasta

Assessed Value (2020): $828,324
Year Land Value Improved Value Assessed Value
2020 $629,526 $198,798 $828,324

Home Value Compared to the Market

This property vs the competition

611 Calle Canasta sold on August 7, 2020 for 24.7% 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 $352.99 per/sqft which puts the price per square foot 54.98% lower than the current median sale per square foot for the city of San Clemente.

About 611 Calle Canasta

Detailed summary of property

611 Calle Canasta is a fourplex that recently sold in San Clemente, CA 92673. This fourplex offered 8 bedrooms, 7 bathrooms, roughly 3,680 living square feet, and sits on an approximately 8,276 square foot lot. 611 Calle Canasta was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,275,000. 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 24.7% lower than the current median priced home. Local homes that are currently for sale include 221 N Clementine St, 403 N N Harbor Blvd and 7122 Natal Dr. While the average home in San Clemente, CA is selling in 53 days, 611 Calle Canasta has a days on market of 59 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 611 Calle Canasta San Clemente, CA 92673 contact Ardent Real Estate Group and we will put you in touch with one of our San Clemente agents.

Public Facts for 611 Calle Canasta

Public county record property details
Beds
--
Baths
--
Year built
1973
Sq. Ft.
3,680
Lot Size
7,033
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
14
APN
675-111-06

The source for these homes facts are from public records.

92673 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,899,999
Median List Price/Sq.Ft.
$681
Median Sold Price
$1,725,000
Median Sold Price/Sq.Ft.
$723
Total Inventory
71
Median Sale to List Price %
98.57%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (48%), Other (12%)

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Related Resources to 611 Calle Canasta

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.