404 Avenida Granada

San Clemente, CA 92672

$2,550,000
Price
6
Beds
7
Baths
3,964 Sq. Ft.
$643 / Sq. Ft.
3,964
Sq. Ft.
$643
per Sq. Ft.

Description

Trophy triplex in an unbelievable location! Located only steps to the beach, the San Clemente Pier, the San Clemente Beach Trail, Casa Romantica, Avenida Del Mar with its eclectic shops and restaurants and more! This attractive investment opportunity offers two large 2bdr/1.75ba units and one very spacious townhome style, owner’s unit with 2bdr/2.5ba. The owner’s unit makes up the back of the building and it includes a large private backyard patio and laundry hookups inside. Two balconies off the...Trophy triplex in an unbelievable location! Located only steps to the beach, the San Clemente Pier, the San Clemente Beach Trail, Casa Romantica, Avenida Del Mar with its eclectic shops and restaurants and more! This attractive investment opportunity offers two large 2bdr/1.75ba units and one very spacious townhome style, owner’s unit with 2bdr/2.5ba. The owner’s unit makes up the back of the building and it includes a large private backyard patio and laundry hookups inside. Two balconies off the front units and a peek-ocean view. Laundry for one of the front units is inside and in the garage for the other unit. Great option for an owner-user or rent out all three units for increased income potential. A highly upgraded building with multiple updates throughout. All three units are turnkey. A true pride of ownership building and a rare opportunity as these types of buildings in this location do not come on the market often. Three car garage plus driveway space for a total of 6 spots. A remarkable building with an A+ location with such close proximity to the beach!

Property Details for 404 Avenida Granada

View
Neighborhood, Ocean, Peek-A-Boo
Parking Spaces Total
6
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3964
Assessor Parcel Number
692-054-20

Location

Listing Courtesy of Conrad Realtors Inc, Jeremy Conrad, DRE #01279209; Conrad Realtors Inc, Bill Conrad, DRE #01461548
Add your commute
LISTING UPDATED: 05/16/2024 02:25 AM

Property Details for 404 Avenida Granada

StatusActive Under Contract
MLS #OC24083887
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.10 AC / 4,356 SF
CountyOrange County

Location

Listing Courtesy of Conrad Realtors Inc, Jeremy Conrad, DRE #01279209; Conrad Realtors Inc, Bill Conrad, DRE #01461548
Add your commute

Building Information for 404 Avenida Granada

Stories2Residences-Year Built1968Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$15,110 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,916

Property Taxes

$1,194

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 404 Avenida Granada

Income / Expense / Tax Details
Income Details
  • Gross Income: $135,000
  • Gross Scheduled Income: $135,000
  • Net Operating Income: $101,250
  • Cap Rate: 4.0
Expense Details
  • Operating Expense: $33,750
  • New Taxes Expense: $25,500
  • Insurance Expense: $0
  • Other Expense: $8,250
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $33,750
Tax / Assessment Info
  • Tax Block: 27
  • Tax Tract Number: 779
  • Tax Census Tract: 421.08
  • CFD/Mello-Roos Fee: $32
  • Tax Lot: 30
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Interior Features: Balcony, Ceiling Fan(s), Living Room Balcony, Open Floorplan, Recessed Lighting, Stone Counters
  • Laundry: Yes
  • Laundry Features: In Garage, Individual Room
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
Exterior Features
  • Entry Location: 1
  • Property Condition: Turnkey, Updated/Remodeled
  • View Description: Ocean, Peek-A-Boo
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete, Garage
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4250
  • Unit Type Type: 3
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 404 Avenida Granada

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 404 Avenida Granada

Taxable ValueLand$1,236,959Additions$179,177Total$1,416,136
Tax Record2023$14,332 ($1,194 / month)
Home Facts
Total Finished SqFt3,964 SqFtAbove Grade Finished SqFt3,964 SqFtStories2Lot Size4,400 SqFtStyleTriplexYear Built1968CountyORANGEAPN692-054-20

Schools near 404 Avenida Granada

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.

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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 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Conrad Realtors Inc, Jeremy Conrad, DRE #01279209; Conrad Realtors Inc, Bill Conrad, DRE #01461548

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.