803 Calle Puente

    San Clemente, CA 92672
    • $1,460,000
    • STATUS: Active
    • ON SITE: 105 days
    • ID#: PW19004942
    UPDATED: 66 min ago
    $1,460,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,110
      SQFT
    • $469
      $/SQFT
    Neighborhood:
    SW - San Clemente Southwest
    Type:
    Multi-Family
    Built:
    1972
    County:
    Orange
    Area:
    SW - San Clemente Southwest

    School Ratings & Info

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    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

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-23T17:41:24.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/90670464

    803 Calle Puente San Clemente, CA 92672

    • Price: $1,460,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: PW19004942
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    3,110
    SQFT
    $469
    $/SQFT
    1972
    Built
    Neighborhood:
    SW - San Clemente Southwest
    County:
    Orange
    Area:
    SW - San Clemente Southwest
    Property 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
    Exterior Features

    Garage Spaces 3.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.90 Community Features CurbsSidewalksStorm DrainsStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 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 Land Lease YN No Laundry Income 720.00 Laundry YN Yes Maintenance Expense 4045.00 Maintenance Percent 5.00 Net Operating Income 56903.00 New Construction YN No New Taxes Expense 14766.00 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 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 23995.00 Trash Expense 0.00 Vacancy Allowance 2502 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning R-3

    Listing provided courtesy of Rick Applebaum of Morgan Skenderian


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-23T17:41:24.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024