Listing ID: OC22152364
Sold For: $2,130,000
Price/SqFt: $612.07
Status: Closed
Sold Date: 8/15/2022
Address: 218 Avenida Lobeiro
City: San Clemente
State: California
Postal Code: 92672
SqFt: 3,480
Acres: 0.090
County: Orange
Subdivision: Other (OTHR)
San Clemente
CA
92672
Califia Beach Coastal remodeled large Triplex building with a large 3bdr/2.5ba unit, two bright 2bdr/1.5ba units w balconies and three garages. The 3bdr unit is a single level lower unit and the other two units sit above it. Some peak-a-boo ocean views from the upper level. This building is in the STLU zone of San Clemente and would make an ideal vacation rental! Each unit has newer paint, laminate flooring, lighting fixtures, shower doors, faucets, toilets, blinds and more! Additionally includes coined community laundry, new exterior paint, three new exterior storage sheds with coded locks and all units have either a private patio or a deck and a kitchen pantry. Great opportunity in Southwest San Clemente just steps to the beach- great rental income & prime location steps to the park & beach trail. The sellers priced it well for a 1031 exchange or cash buyers who can close quickly- buying out of state or would keep this beauty. Great tenants would love to stay too.
Lisa Wili-Simmonds

Primary Features

County: Orange
Price Before Reduction: 2500000
Price Reduction Date: 2022-07-20T14:27:09+00:00
Price/SqFt: 612.07
Property Sub Type: Triplex
Property Type: Residential Income
Subdivision: Other (OTHR)
Year Built: 1971

Interior

Appliances: yes
Appliances: Free-Standing Range, Gas Range, Range Hood
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area: 860
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area: 1500
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Cooling: no
Cooling Type: None
Fireplace: no
Fireplace Features: None
Garage Spaces: 3
Heating: yes
Heating Type: Central
Interior Features: Balcony, Living Room Balcony
Laundry: yes
Laundry Features: Common Area, Community, Gas Dryer Hookup, Individual Room, Washer Included
Levels: Two
Number With Patio: 2
Number With Range: 3
Room Type: Family Room, Great Room
Spa: no
Spa Features: None
Stories Total: 2

External

Construction Materials: Stucco
Door Features: Sliding Doors
Fence: yes
Fencing: Wood
Foundation Details: Slab
Lot Features: 6-10 Units/Acre, Rectangular Lot, Level, Park Nearby, Walkstreet
Lot Size Area: 3920
Lot Size Source: Assessor
Lot Size Square Feet: 3920
Number Of Buildings: 1
Parking: yes
Parking Features: Assigned, Attached Carport, Paved, Garage Faces Front, Garage - Three Door
Parking Total: 6
Pool Features: None
Private Pool: no
Property Attached: yes
Road Frontage Type: City Street
Road Surface Type: Paved
Sewer: Public Sewer
Uncovered Spaces: 3
View: yes
View Type: Coastline, Ocean
Water Source: Public
Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Location

Country: US
Elevation Units: Feet
MLS Area Major: SW - San Clemente Southwest
Subdivision Name Other: other

Additional

Additional Parcels: no
Assessments: None
Association: no
Community Features: Biking, Watersports, Street Lights
Days On Market: 15
List Agent State License: 01836624
List Office State License: 01897784
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Number Of Separate Water Meters: 1
Number Of Units Leased: 3
Number Of Units Total: 3
Parcel Number: 06013221
Property Condition: Updated/Remodeled
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community: no
Utilities: Cable Available, Electricity Available, Sewer Connected, Water Available
Year Built Source: Assessor

Financial

Gross Scheduled Income: 108000
Insurance Expense: 1900
Land Lease: no
Laundry Equipment Own Lease: Own
Laundry Income: 70
Net Operating Income: 21400
Operating Expense: 5500
Other Expense Description: estimate
Other Income Description: 50-100 coin laundry each month
Price Per Unit: 830000
Rent Control: no
Special Listing Conditions: Standard
Tax Annual Amount: 15500
Tax Census Tract: 421.16
Tax Lot: 54
Tax Tract Number: 961
Tenant Pays: Cable TV, Electricity, Gas
Total Actual Rent: 9600
Total Expenses: 5500
Trash Expense: 1000
Water Sewer Expense: 2600

Zoning Info


Area Info


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Listing Agent: Lisa Wili-Simmonds, DRE #01836624 from Century 21 Award 949-492-5413

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