112 Calle Patricia
San Clemente, CA 92672

Bd   — Ba   4,076 Sqft
This incredible investment opportunity has not been on the market since 1972. These 3 units all enjoy views of the ocean, coastline, city lights and night. With this expansive view, one can see San Clemente Island as well as the Dana Point Peninsula. The units benefit from a lot of natural light. Excellent unit mix of (1) 3bd/2ba and (2) 2bd/2ba. The current rents are below market leaving tremendous upside for the new owner. 4.30 ProForma Cap Rate is very realistic. Beyond the fantastic views, each tenant has their very own private garage. Unit A has a two car garage and units B & C each have a (1) car garage. Further, there is another garage available to any of the tenants, which can be used for another car or storage. This is another potential source of income for the Owner. REQUEST OFFERING MEMORANDUM FOR MORE DETAILS.
  • Zipcode: 92672
  • Days on Movoto: 170
  • Year Built: 1972
  • HOA:
  • $/Sqft: $399
  • Lot: 9,148 Sqft
  • Property Type: Multi Family
  • MLS#: OC16181280
  • MLS:
  • Listing Office: First Team Estates
  • Listed By: John Gessford
  • Movoto last checked CRMLS for new data 13 hours ago
  • CRMLS last updated this listing 2 months ago
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Property History

Status
Date
Price
Sold
Feb 3, 2017
$1,626,000
Active Under Contract
Jan 23, 2017
Price Change
Jan 10, 2017
$1,675,000
Listed
Nov 29, 2016
Active Under Contract
Nov 16, 2016
Price Change
Sep 20, 2016
$1,749,000
Listed
Aug 17, 2016
$1,785,000
#OC16181280

Public Record

4,076 Sqft Building Area
Triplex (3 units, any combination)
9,138 Sqft Lot Size
1972 Year Built
07/29/2011 Last Sale Date
Attached Garage Garage Type
112 Calle Patricia in ZIP code 92672 is a multi family home that was last listed for $1,626,000. This is 36% above the current median of $1,200,000 for 92672 and 38% above the current median price of $1,175,000 for the city of San Clemente, CA. As of today, , there are 148 properties listed for sale in the 92672 area and 246 properties listed for sale in San Clemente. Of those 246 properties for sale, 193 are single family homes and 53 are condos. 112 Calle Patricia is approximately 4,076 Sqft, 59% above the San Clemente median of 2,564 and 86% above the 92672 ZIP code median of 2,191. The price per square foot was $399 which is 26% below the current median price in 92672 of $541 and 11% below the San Clemente median of $449 per Sqft.
Built in 1972, this multi family house at 112 Calle Patricia, San Clemente CA, 92672 is approximately 4,076 square feet and comes with 5 parking spots. It was last listed with a cost per Sqft of $399. 112 Calle Patricia is located in the Capistrano Unified School District. The closest school is San Clemente High School.

112 Calle Patricia, San Clemente CA, 92672 was on the market for 170 days. The median days on the market for properties in this area is 45 with a median list price of $1,175,000 and median cost per square foot of $449. Its current status is sold under the MLS #OC16181280.

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