607 Calle Canasta San Clemente, CA 92673
Sale
$2,199,900
4 Units
16 Beds
14 Baths
3,680 Area(sq.ft.)
8,276 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 3,335 | $ 3,335 | $ 3,335 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,565 | $ 2,565 | $ 2,800 |
| Unit 3 | 1 | 2 | 2 | No | $ 2,487 | $ 2,487 | $ 2,800 |
| Unit 4 | 1 | 1 | 1 | No | $ 2,300 | $ 2,300 | $ 2,300 |
| Unit 5 | 4 | 8 | 7 | n/a | n/a | n/a | |
| 5 | 8 | 40 | 35 | $ 10,687 | $ 10,687 | $ 11,235 |
| MLS #: | OC24037973MR |
| Days On Market: | 21 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 598 |
| Price per unit: | $ 549,975 |
| Year Built: | 1973 |
Property Details
San Clemente is Famous for having "The Worlds Best Climate". It has world class Beaches, an Out door Mall, Great Dining, Award Winning Schools and a casual laid back lifestyle. This Property is a "Pride of Ownership" with 2 of the units (1 and 4) having been recently Remodeled & Upgraded. Three of the Tenants are long term, Unit 4 is on their second year. Security gates were installed in last 2 years. Washer and Dryer are owned by Landlord and produce approximately $100 per month extra Income. Almost a 5% Cap which is unheard of in this Market, Great rents with room for upside.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 14,019 |
| Net Operating Income: | $ 105,081 |
| Cap Rate: | 4.8% |
| Gross Rent Multiplier: | 16.90 |
| Actual Gross Rent: | $ 10,687 |
Structure
| Community Features: | Park |
| Sewer: | In Street Paid |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Laundry: | Community, Dryer, Dryer Included, Laundry Area, Washer, Washer Included |
| Laundry Equipment: | Own |
Exterior
| Pool: | No |
Detailed Map
Schools
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Income
