224 Avenida Cabrillo

224 Avenida Cabrillo

San Clemente, CA 92672

$1,950,000
Price
1
Beds
3
Baths
1,883 Sq. Ft.
$1,036 / Sq. Ft.
1,883
Sq. Ft.
$1,036
per Sq. Ft.
a front view of a house with balcony
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an aerial view of a house with a outdoor space
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a car parked in front of a white building
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a car parked in front of a house
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an aerial view of residential houses with outdoor space
an aerial view of a city
an aerial view of residential houses with city view
an aerial view of a house with outdoor space
an aerial view of residential houses with outdoor space
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a view of a garage
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a view of a house with backyard and sitting area
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a view of an empty room with wooden floor and a window
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a kitchen with a stove and a refrigerator
a kitchen with stainless steel appliances granite countertop a refrigerator stove and cabinets
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
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a bathroom with a granite countertop sink and a mirror

Description

Discover a unique investment opportunity in the heart of charming downtown San Clemente with this immaculate single-level triplex, which perfectly blends coastal charm and modern upgrades. Comprising three 1-bedroom, 1-bathroom beach cottages, this property offers a seamless blend of relaxation and convenience. Each unit boasts inviting front and rear patios, providing private outdoor spaces for tenants or owners to enjoy the refreshing sea breeze. Over the years, the building has undergone significant...Discover a unique investment opportunity in the heart of charming downtown San Clemente with this immaculate single-level triplex, which perfectly blends coastal charm and modern upgrades. Comprising three 1-bedroom, 1-bathroom beach cottages, this property offers a seamless blend of relaxation and convenience. Each unit boasts inviting front and rear patios, providing private outdoor spaces for tenants or owners to enjoy the refreshing sea breeze. Over the years, the building has undergone significant improvements. Initially, the concrete and retaining wall on the east side were replaced, and new drains were installed. This was followed by the replacement of concrete on the west side, with new drains and planters added. The kitchen and bathrooms have been upgraded in all units. Additionally, the original cast iron waste lines were removed and replaced with modern ABS waste lines. The building's electrical system was upgraded with a new panel, and washer and dryer hookups were added to the garages. New vinyl flooring was installed in Apartments B and C. A major rebuild of the front of the building included new garage floors, walls, doors, openers, a deck, an enclosed patio, a roof, and vinyl windows for Apartment A. The attics of all units were insulated, additional attic vents were installed, and both the interior and exterior of Apartment A and the front of the building were repainted. Most recently, Apartment B received new windows, a new roof, and fresh interior and exterior paint, further enhancing the building's overall appeal and functionality. These extensive renovations ensure peace of mind and low maintenance for years to come. Unit A features an expansive view deck, a perfect spot to unwind while taking in the panoramic vistas and the vibrant life of downtown San Clemente. Just a short stroll away, you’ll find the bustling Avenida Del Mar, brimming with delightful shopping and dining options, and the iconic San Clemente Pier, where the sun meets the surf. Whether you’re looking to expand your investment portfolio or searching for a perfect vacation home with additional rental income, this triplex offers unparalleled flexibility. Live in one unit and rent out the others, or lease all three for a steady revenue stream in a sought-after location. Don’t miss out on this rare opportunity to own a piece of California’s beautiful coastline.
  1. Listed by Dan Yeilding • DRE #00559105 • Brokerage DRE #01897784 • CENTURY 21 Affiliated • 949-370-3385
  2. Listed by DJ Yeilding • DRE #01384625 • Brokerage DRE #01897784 • CENTURY 21 Affiliated

Property Details for 224 Avenida Cabrillo

Parking Spaces Total
6
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1883
Assessor Parcel Number
058-123-39
Property Attached YN
true

Location

Listing Courtesy of CENTURY 21 Affiliated, Dan Yeilding, DRE #00559105; CENTURY 21 Affiliated, DJ Yeilding, DRE #01384625
Add your commute
LISTING UPDATED: 05/26/2024 07:38 AM

Property Details for 224 Avenida Cabrillo

StatusActive
MLS #OC24104462
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.09 AC / 3,920 SF
CountyOrange County

Location

Listing Courtesy of CENTURY 21 Affiliated, Dan Yeilding, DRE #00559105; CENTURY 21 Affiliated, DJ Yeilding, DRE #01384625
Add your commute

Building Information for 224 Avenida Cabrillo

Stories2Residences-Year Built1951Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$10,883 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,642

Property Taxes

$241

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 224 Avenida Cabrillo

Income / Expense / Tax Details
Income Details
  • Gross Income: $56,700
  • Gross Scheduled Income: $56,700
  • Net Operating Income: $45,360
Expense Details
  • Operating Expense: $11,340
  • Insurance Expense: $2,000
  • Trash Expense: $648
  • Water Sewer Expense: $1,200
  • Total Expenses: $3,848
Tax / Assessment Info
  • Tax Block: 15
  • Tax Tract Number: 779
  • Tax Census Tract: 421.08
  • CFD/Mello-Roos Fee: $32
  • Tax Lot: 39
Community / Development
Community / Development
  • Community Features: Golf, Watersports, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
Exterior Features
  • Entry Location: at grade
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,725
  • Unit Type Total Rent: $4,725
  • Unit Type Pro Forma: 8700
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 224 Avenida Cabrillo

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 224 Avenida Cabrillo

Taxable ValueLand$227,728Additions$55,272Total$283,000
Tax Record2023$2,889 ($241 / month)
Home Facts
Total Finished SqFt1,833 SqFtAbove Grade Finished SqFt1,833 SqFtStories2Lot Size3,936 SqFtStyleTriplexYear Built1951CountyORANGEAPN058-123-39

Schools near 224 Avenida Cabrillo

This home is within Capistrano Unified School District.
Rating
School
Type
Grades
Distance
Las Palmas Elementary School
Public - K to 5
Shorecliffs Middle School
Public - 6 to 8
San Clemente High School
Public - 9 to 12
California Connections Academy at Capistrano
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

California Connections Academy at Capistrano
CharterK 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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More information about 224 Avenida Cabrillo, San Clemente, CA 92672

224 Avenida Cabrillo is a multi-family home for sale in San Clemente, CA 92672. This property was listed for sale on May 25, 2024 by CENTURY 21 Affiliated, it's currently listed at $1,950,000. It has been on the market for a total of 23 days and was last sold on October 1, 2002. This listing's school district is Capistrano Unified School District. Nearby schools include Las Palmas Elementary School, Shorecliffs Middle School and San Clemente High School. 224 Avenida Cabrillo is a 1-bed, 3-bath, 1,883 sqft multi-family home built in 1951.

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 CENTURY 21 Affiliated, Dan Yeilding, DRE #00559105; CENTURY 21 Affiliated, DJ Yeilding, DRE #01384625

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.