6
Baths
3,780 Sq. Ft.
$741 / Sq. Ft.
3,780
Sq. Ft.
$741
per Sq. Ft.

Description

Enormous potential for steady rental income in this unique melrose-style beach property. Rare 6-unit Building situated on an oversized lot of 9,583 Sq. Ft. with 6 parking spaces. The building is on the West side of the freeway in the midst of the quaint seaside village of San Clemente, the "Village By the Sea". The community offers world-famous surf breaks, a 2.5 mile beachside walking trail which passes by the Historical San Clemente Pier. The building will have little vacancy as the rental history...Enormous potential for steady rental income in this unique melrose-style beach property. Rare 6-unit Building situated on an oversized lot of 9,583 Sq. Ft. with 6 parking spaces. The building is on the West side of the freeway in the midst of the quaint seaside village of San Clemente, the "Village By the Sea". The community offers world-famous surf breaks, a 2.5 mile beachside walking trail which passes by the Historical San Clemente Pier. The building will have little vacancy as the rental history is very strong. All units are 1 Bedroom, 1 Bath with remodeled Kitchen and remodeled Bathrooms. New Appliances, and new engineered hardood flooring throughout. Tasteful rustic wood beamed ceilings in the upstairs units, and two of the upstairs units feature peak-a-Boo ocean views. The exterior has been recently painted and all Windows are new. Ample parking with 6 Carports which each contain storage units. This is an enormous lot with incredible potential for redevelopment.

Listing Agent

  1. Amber Allen

    Amber Allen

    Listing Agent

    Compass

    DRE #01859884

    a.allen@compass.com

    P: (949)-728-8901

Property Details for 129 West Canada

Parking Spaces Total
6
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3780
Assessor Parcel Number
058-051-70
Property Attached YN
true
LISTING UPDATED: 07/15/2021 12:43 AM

Property Details for 129 West Canada

StatusClosed
MLS #OC21077241
Days on Market72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.22 AC / 9,583 SF
CountyOrange County

Location

Listing Courtesy of Compass, Amber Allen, DRE #01859884

Sold By Cove Canyon, David Csira, DRE #01491451

Add your commute

Building Information for 129 West Canada

Stories2Residences-Year Built1962Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$16,148 per month

30 year fixed, 6.15% Interest

Principal and Interest

$13,647

Property Taxes

$2,501

HOA Dues

$0

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Property Information for 129 West Canada

Income / Expense / Tax Details
Income Details
  • Gross Income: $111,200
  • Gross Scheduled Income: $151,200
  • Net Operating Income: $111,200
  • Financing: Cash
Expense Details
  • Operating Expense: $40,000
  • New Taxes Expense: $36,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,000
  • Professional Management Expense: $0
  • Trash Expense: $1,000
  • Water Sewer Expense: $1,200
  • Total Expenses: $40,200
Tax / Assessment Info
  • Tax Block: 13
  • Tax Tract Number: 793
  • Tax Census Tract: 421.07
  • Tax Lot: 52
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 6
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $12,500
  • Unit Type Pro Forma: 12500
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 6

Property History for 129 West Canada

DateEvent & SourcePriceAppreciation
Jul 15, 2021

Price Change

SDMLS #OC21077241

$3,100,000—
Jul 15, 2021

Sold

CLAW #OC21077241MR

$2,800,000—
Jul 15, 2021

Sold

SDMLS #OC21077241

$2,800,000—
Jul 15, 2021

Sold

CRMLS #OC21077241

$2,800,000—
Jul 14, 2021

Pending

SDMLS #OC21077241

—
Jul 9, 2021

Accepting Backup Offers

SDMLS #OC21077241

—
Jun 30, 2021

Sold (Public Record)

Public Record #1466321851

$2,800,000—
Jun 26, 2021

Pending

CLAW #OC21077241MR

—
Jun 26, 2021

Accepting Backup Offers

CLAW #OC21077241MR

—
Jun 26, 2021

Pending

CRMLS #OC21077241

—
Jun 26, 2021

Pending

SDMLS #OC21077241

—
Jun 26, 2021

Accepting Backup Offers

CRMLS #OC21077241

—
Apr 15, 2021

Listed (Active)

SDMLS #OC21077241

$3,100,000—
Apr 15, 2021

Listed (Active)

CRMLS #OC21077241

$3,100,000—
Apr 15, 2021

Listed (Active)

CLAW #OC21077241MR

$3,100,000—
Apr 12, 2021

Listed (Active)

SDMLS #OC21077241

$3,100,000—
Mar 20, 2021

Expired

SDMLS #210004282

$2,890,000—
Feb 15, 2021

Listed (Active)

SDMLS #210004282

$2,890,000—
Dec 24, 2020

Expired

CRMLS #SB20121729

$2,299,000—
Dec 24, 2020

Hold

SDMLS #SB20121729

—
Dec 23, 2020

Expired

SDMLS #SB20121729

—
Dec 23, 2020

Expired

CLAW #SB20121729MR

—
Jun 23, 2020

Listed (Active)

SDMLS #SB20121729

$2,299,000—
Jun 23, 2020

Listed (Active)

CRMLS #SB20121729

$2,299,000—
Jun 15, 2020

Listed (Active)

CLAW #SB20121729MR

$2,299,000—
Oct 30, 2017

Withdrawn / Cancelled

CLAW #OC17235882MR

—
Oct 30, 2017

Withdrawn / Cancelled

CRMLS #OC17235882

$2,100,000—
Oct 30, 2017

Withdrawn / Cancelled

SDMLS #OC17235882

—
Oct 15, 2017

Listed (Active)

CRMLS #OC17235882

$2,100,000—
Oct 15, 2017

Listed (Active)

SDMLS #OC17235882

$2,100,000—
Oct 15, 2017

Listed (Active)

CLAW #OC17235882MR

$2,100,000—
DateEvent & SourcePrice
07/15/2021

Price Change

SDMLS #OC21077241

$3,100,000
07/15/2021

Sold

CLAW #OC21077241MR

$2,800,000
07/15/2021

Sold

SDMLS #OC21077241

$2,800,000
07/15/2021

Sold

CRMLS #OC21077241

$2,800,000
07/14/2021

Pending

SDMLS #OC21077241

—
07/09/2021

Accepting Backup Offers

SDMLS #OC21077241

—
06/30/2021

Sold (Public Record)

Public Record #1466321851

$2,800,000
06/26/2021

Pending

CLAW #OC21077241MR

—
06/26/2021

Accepting Backup Offers

CLAW #OC21077241MR

—
06/26/2021

Pending

CRMLS #OC21077241

—
06/26/2021

Pending

SDMLS #OC21077241

—
06/26/2021

Accepting Backup Offers

CRMLS #OC21077241

—
04/15/2021

Listed (Active)

SDMLS #OC21077241

$3,100,000
04/15/2021

Listed (Active)

CRMLS #OC21077241

$3,100,000
04/15/2021

Listed (Active)

CLAW #OC21077241MR

$3,100,000
04/12/2021

Listed (Active)

SDMLS #OC21077241

$3,100,000
03/20/2021

Expired

SDMLS #210004282

$2,890,000
02/15/2021

Listed (Active)

SDMLS #210004282

$2,890,000
12/24/2020

Expired

CRMLS #SB20121729

$2,299,000
12/24/2020

Hold

SDMLS #SB20121729

—
12/23/2020

Expired

SDMLS #SB20121729

—
12/23/2020

Expired

CLAW #SB20121729MR

—
06/23/2020

Listed (Active)

SDMLS #SB20121729

$2,299,000
06/23/2020

Listed (Active)

CRMLS #SB20121729

$2,299,000
06/15/2020

Listed (Active)

CLAW #SB20121729MR

$2,299,000
10/30/2017

Withdrawn / Cancelled

CLAW #OC17235882MR

—
10/30/2017

Withdrawn / Cancelled

CRMLS #OC17235882

$2,100,000
10/30/2017

Withdrawn / Cancelled

SDMLS #OC17235882

—
10/15/2017

Listed (Active)

CRMLS #OC17235882

$2,100,000
10/15/2017

Listed (Active)

SDMLS #OC17235882

$2,100,000
10/15/2017

Listed (Active)

CLAW #OC17235882MR

$2,100,000

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

Public Records for 129 West Canada

Taxable ValueLand$2,833,425Additions$137,957Total$2,971,382
Tax Record2025$30,011 ($2,501 / month)
Home Facts
Total Finished SqFt3,786 SqFtAbove Grade Finished SqFt3,786 SqFtStories2Lot Size9,484 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyORANGEAPN058-051-70

Schools near 129 West Canada

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

Bernice Ayer 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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Amber Allen, DRE #01859884

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.