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Freida Nastar
Freida Nastar
Broker Associate

Laguna Beach, CA
DRE# 01179816
949-370-4418
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Listing 19 out of 232
$1,460,000 For Sale

803 Calle Puente
San Clemente, CA 92672

3 units | Multi Family Home
3759 sq ft - MLS# PW19004942
Property Photo
1/4

Description

803 Calle Puente is nestled among the rolling hills above the Pacific Coastline in the city of San Clemente, just two blocks from direct beach access and only a few blocks from Avenida Del Mar, San Clemente's downtown featuring the city's best shops, entertainment & dinning. The city of San Clemente is known for legendary surfing, endless hiking trails and laid back beach city lifestyle. The offering at 803 Calle Puente is situated on a corner lot, giving the building excellent exposure. This 3-unit apartment building is comprised of an excellent mix of (1) one bedroom/one bathroom unit, (1) two bedroom/two bathroom unit & (1) three bedroom/two bathroom unit. 803 Calle Punete offers tenants garage parking w/driveway & ample street parking, patios & balconies and on-site laundry. Offering upside on current rents that are not subject to rent control, this investment opportunity offers an investor a prized piece of California's coastal real estate *2 Blocks to Direct Beach Access, *Great Unit Mix of 1, 2 & 3 Bedroom, *Perfect for Owner Occupy, *Exceptionally Large Units, *Garages, *10 Year Fixed, Interest Only Financing Available

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92672
  • Year Built: 1972
  • Stories: Two
  • Units: 3 units
  • # of Parking Spaces: 6.00
  • Lot Size: 3759 sq ft
  • Zoning: R-3
  • Area: SW - San Clemente Southwest
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3110.00
  • Building Area Units: Square Feet
  • Cap Rate: 3.90
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lighting
  • Country: US
  • Directions: The Corner of W. Escalones & Calle Puente
  • Garage Spaces: 3.00
  • Gardener Expense: 600.00
  • Gross Income: 720.00
  • Gross Multiplier: 17.51
  • Gross Operating Income: 80898.00
  • Gross Scheduled Income: 83400.00
  • Insurance Expense: 1244.00
  • Laundry Features: Community
  • Laundry Income: 720.00
  • Laundry YN: Yes
  • Listing Agent License: 01273871
  • Listing Office License: 01220368
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 3761.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 4045.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 56903.00
  • New Taxes Expense: 14766.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Operating Expense: 23995.00
  • Operating Expense Percent: 28.80
  • Other Expense: 3060.00
  • Other Expense Description: Utility
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Expenses: 23995.00
  • Uncovered Spaces: 3.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Morgan Skenderian, Rick Applebaum


Freida Nastar
Broker Associate

Phone: 949-370-4418
Email: fnastar@aol.com

CA DRE#01179816

Testimonials

You Brought us Multiple Offers, in selling our home by using your high end marketing system, and your communication skill and professionalism not only with us but also with your colleagues.  John Reynolds
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