$575,000
●
House -
Off Market
3514 Calle Verano
San Clemente, CA 92673
3 Beds
2 Baths,
1
Half Bath
1,464 Ft²
$928,924
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Best panoramic view property for under 700k in San Clemente or Dana
Point. Fantastic opportunity to purchase a home in North San
Clemente in the highly sought after Ocean Hills community.
Panoramic coastline views from the upper and lower decks are
sure to take center stage for any buyer. ~~First time on the
market since original owners purchased in 1973. Original
interior ready for updates and your personal design style.
The property is a FIXER and will need to be renovated
throughout.~~Features include 2 large decks, back yard patio, 2 car
attached garage, full size laundry on the main level and a
fireplace. Approximately $20,000 in improvements in past year
include: A Trane gas-fired furnace with air scrubber, whole
home water filtration system, new water heater with expansion tank,
garbage disposal, miscellaneous plumbing and a new garage door.
~~The zoning of this 268 unit community is R-2-PRD. A
Planned Unit Development (PUD) not a condominium. The unit looks
like a townhouse. This is an AS IS sale.
Unit Size
1,464 Ft²
Days on Market
48 days
Land Size
0.03 acres
Price per sqft
$393
Property Type
House
Property Taxes
-
HOA Dues
$261
Year Built
1972
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 11 months ago (CRMLS #PW17064989)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2021 | No longer available | - | |
| No longer available | |||
| Oct 14, 2021 | In contract | - | |
| In contract | |||
| Sep 28, 2021 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Aug 29, 2021 | Price Decreased |
$1,099,999
↓ $100K
(8.3%) | |
| Price Decreased | |||
| Aug 2, 2021 | Listed by Luxre Realty, Inc. | $1,200,000 | |
| Listed by Luxre Realty, Inc. | |||
| | |||
|
It's like being on vacation 365 days a year with your panoramic OCEAN VIEWS from two levels. The living room which leads to the downstairs balcony with an ocean view is light and airy and has a fireplace. The kitchen is updated with plenty of storage space and stainless steel appliances. Crown molding downstairs and in all of the bedrooms. Recessed lighting throughout the home. The master bedroom has a balcony with a beautiful coastal view. It also has a walk in closet. Backyard has a retractable awning. Oversized garage has an epoxy floor. HOA has a private pitch and putt golf course. Walking distance to grocery stores and restaurants. Close to Dana Point Harbor and the beach. The manager has listed the unit size as 1464 square feet.
| |||
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About San Clemente
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Listed by: Kara Welliver, Berkshire Hathaway H.S.C.P.
Last Updated: 11 months ago
Data Source: CRMLS, MLS# PW17064989
Last Updated: 11 months ago
Data Source: CRMLS, MLS# PW17064989
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