233 Avenida Rosa
About This Property
LOCATION, LOCATION, LOCATION! CHARMING BEACH HOME; it's a short stroll to the Beach, S.C. Pier, beach trail, and downtown Avenida Del Mar; w/ shops, restaurants, Sunday open Farmer's market, etc. Enchanting front garden welcomes you up to outdoor patio, which is perfect for entertaining and enjoying an ocean breeze. One car garage and extra long driveway fits a total 5 cars; perfect for difficult beach parking otherwise! The classic Historic living room, has original hardwood floors with coved walls/ at ceilings. Fireplace is non-functional currently. Dining room has built- in China cabinet. Kitchen has decorative wood trim; antique stove/ range is not included in sale. Permitted enclosed porch, turn part of it into 1/4 bath room, office area, could be art rm/ exercise studio, looks out onto large back yard & patio area, adjacent door to yard and to garage.
Original glass knobs on interior doors. Bathroom with an arched entrance into tub/shower. Both bedrooms have walk-in closets. Tired of driving? Park the car and walk to beach or town and live like your on 'vacation, ever day! Welcome to 'San Clemente Spanish Village by the Sea'......
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 15, 2021 | In contract | - | |
| In contract | |||
| Mar 27, 2021 | Price Decreased |
$1,499,000
↓ $51K
(3.3%) | |
| Price Decreased | |||
| Feb 23, 2021 | Listed | $1,550,000 | |
| Listed | |||
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Ideally situated in the Downton Village of San Clemente, you will find this SINGLE STORY cozy, completely remodeled and move in ready cottage. Please note that this is a rare historic Ole Hanson, Mills Act HOUSE ! The home features 2 generous bedrooms and 2 bathrooms plus a detached CASITA / Guest Room / Home Office that equal approximately 1236 square feet of total living space. Built in 1927, this home maintains a classic exterior Spanish style with a combination of brick, stucco and tile, while being internally remodeled and updated throughout. This home has a current Historic Mills Act Contract in place, with the property taxes being approximately $2500 a YEAR ! There are few historic homes in town and even fewer with this amazing LOW TAX situation. Upon entry you are greeted with textured ceilings and large windows offering great natural light and an open feel. The original fireplace houses a modern faux system, both the main house and Casita have central air conditioning. The bathrooms are luxuriously appointed. Don't miss the inside laundry room with Dutch door to the rear yard, the backyard features a large grassy area and new landscaping. Peek ocean views from the dining room, living room and front yard. An extended driveway provides an abundance of parking or storage for an RV or boat. This home's ideal location allows you to walk or bike to world famous San Clemente beaches, The Village of San Clemente, parks, and fantastic hiking and mountain biking trails. The manager has listed the unit size as 1236 square feet.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
Property Highlights
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About San Clemente
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017