107 Avenida Miramar

San Clemente, CA 92672

$2,525,000
Last Sold Price
—
Beds
1,590 Sq. Ft.
$1,588 / Sq. Ft.
1,590
Sq. Ft.
$1,588
per Sq. Ft.

Description

107 Avenida Miramar was moved from its original location in 2001. It is a classic 1920's Historic building that was once located where Denaults Hardware store is now. It sits on a double lot with 9 parking spaces and a 2-car garage (being used as an office). The building has two large office suites on the main level, both with their own 1/2 bath. Back and front entrances for each. The 2 apartments are located on the top floor. Each has 2 bedrooms and a full bathroom, living room and kitchen. Offices...107 Avenida Miramar was moved from its original location in 2001. It is a classic 1920's Historic building that was once located where Denaults Hardware store is now. It sits on a double lot with 9 parking spaces and a 2-car garage (being used as an office). The building has two large office suites on the main level, both with their own 1/2 bath. Back and front entrances for each. The 2 apartments are located on the top floor. Each has 2 bedrooms and a full bathroom, living room and kitchen. Offices are 762 sq ft each and apartments are 795 sq ft eacg, 3,115 sq ft. Total (not counting garage, now being used as an office). Steps from N El Camino Real and 2 blocks west of Avenida Del Mar. 3 blocks for the ocean. Building qualifies as Historic Property but paperwork is not complete at this time, which will reduce property taxes. Projected annual income $ 129,000. Projected rent on 3 commercial units is $5,750/mo. Projected rent on 2 residential units is $5000/mo. Substantial room to increase current long term tenants. Short term rental possibilities, but buyer to confirm with city. Pro Forma accounting was used for Income Potential.
  1. Listed by Janet Montandon • DRE #01397515 • Brokerage DRE #01008773 • First Team Real Estate

Property Details for 107 Avenida Miramar

Parking Spaces Total
9
Private Pool
No
Cooling Type
None
Total Units
5.0
Industrial Type
High Tech/R&D
Building Type
Attached
Lot Size Source
Assessor
Living Area
3115

Location

Listing Courtesy of First Team Real Estate, Janet Montandon, DRE #01397515

Sold By Coldwell Banker Realty, Casey Kirkland, DRE #02080950

Add your commute
LISTING UPDATED: 07/21/2021 08:54 AM

Property Details for 107 Avenida Miramar

StatusClosed
MLS #OC21083307
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1928
Lot Size0.18 AC / 8,028 SF
CountyOrange County

Location

Listing Courtesy of First Team Real Estate, Janet Montandon, DRE #01397515

Sold By Coldwell Banker Realty, Casey Kirkland, DRE #02080950

Add your commute

Building Information for 107 Avenida Miramar

Stories2Residences-Year Built1928Building Size-Lot Size0.18 AC / 8,028 SF

Payment Calculator

$15,949 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,780

Property Taxes

$2,169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 107 Avenida Miramar

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $129,000
  • Gross Scheduled Income: $129,000
  • Net Operating Income: $92,736
  • Cap Rate: 3.4
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $36,264
  • New Taxes Expense: $27,295
  • Insurance Expense: $3,365
  • Maintenance Expense: $1,800
  • Professional Management Expense: $0
  • Trash Expense: $1,920
  • Water Sewer Expense: $1,884
  • Real Estate Tax Expense: $27,295
  • Total Expenses: $36,264
Tax / Assessment Info
  • Tax Tract Number: 779
  • Tax Lot: 7/8
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: None
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Spanish Tile
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Level
  • Land Use: Multi-Family, Office, Other
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 9
  • Open Other Spaces Total: 9
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 795
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: Unit A upstairs
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 795
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: Upstairs unit B
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 762
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: Office unit C 1/2 bath
Unit 4
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2500
  • Unit Type Area: 762
  • Unit Type Area Units: Square Meters
  • Unit Type Type: 4
  • Unit Type Description: Office unit D 1/2 bath
Unit 5
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 750
  • Unit Type Area: 500
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: Office in back 1/2 bath
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 107 Avenida Miramar

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 107 Avenida Miramar

Taxable ValueLand$2,167,500Additions$408,000Total$2,575,500
Tax Record2023$26,029 ($2,169 / month)
Home Facts
Lot Size8,000 SqFtStyleMiscellaneous CommercialCountyORANGEAPN058-072-48

Schools near 107 Avenida Miramar

This home is within Capistrano Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Las Palmas Elementary School
PublicK to 5

Shorecliffs Middle School
Public6 to 8

San Clemente High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Team Real Estate, Janet Montandon, DRE #01397515

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.