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33191 Paseo Blanco
About This Property
From the moment you enter, you are wowed by the light-filled, open-concept layout designed for today's lifestyle. The upgraded kitchen serves as the centerpiece of the home, featuring an oversized island with ample storage and seating, porcelain countertops, a farmhouse sink, and high-end appliances, including a six-burner gas stovetop with griddle, double oven, separate microwave, and a side-by-side counter-depth refrigerator and freezer. The space is further enhanced by a formal dining room, spacious walk-in butler's pantry with glass pocket door and inside laundry room.
A dramatic tri-fold door opens to the beautiful backyard showcasing a resort-style pool and spa (pool has Solar heating system), generous patio space with custom pavers, tiered decking perfect for raised garden beds and additional seating. The outside also features an outdoor shower, covered patio with ceiling fan and outdoor lighting, a side garden area, a large front yard, plus rare RV access with an extended driveway offering exceptional parking-features that are increasingly hard to find in this neighborhood.
Upstairs, you'll find generously sized bedrooms with custom built-ins and flexible living areas that provide both comfort and versatility. Additional highlights include solid-core doors and casings, recessed lighting, dual pane windows, ceiling fans throughout, smooth-finished walls, upgraded bathrooms and newer tile roof. Homes of this size, condition, and amenity level rarely come to market in Mission Bell, making this a standout opportunity.
Enjoy strolls down the bike/walking path leading to Doheny Beach, historic downtown San Juan Capistrano, parks, dog park, schools, shopping, dining, and convenient freeway access, this home combines location, lifestyle, and livability in one exceptional offering.
Homes with this combination of space, upgrades, and lot features are in high demand-schedule your showing early to experience everything this property has to offer. LOW TAX RATE and NO MELLO ROOS!
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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%.
How much can I actually make?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by Coldwell Banker Realty | $1,995,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017