$1,175,000
●
Land -
Off Market
35546 Camino Capistrano
San Clemente, CA 92672
Studio
0 Bath
$1,822,687
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
LOOKING FOR A BEACH HOUSE WITH AMAZING INCOME POTENTIAL? JUST
REDUCED TO $1,300,000 ON 1/24/2020!!! TOTAL PRICE IMPROVEMENT OF
$600,000!!! IDEAL PROPERTY FOR OWNER OCCUPANTS/
REMODELERS/BUILDERS!!! Two parcels of land on Camino
Capistrano totaling 13,825 square feet, according to the square
footage shown on the Assessor's Parcel Map. There is
currently a 1949 single story home on the property. However,
these parcels are best suited for new construction. The San
Clemente Planning Department states that the property is zoned RML
(Residential Medium Low) allowing for the construction of: a single
family dwelling, a duplex, or two condos. Construction of a
two story home (or duplex) will provide beautiful second story
ocean views. A new single-family residence owner may also be
allowed to build an additional 2 ADUs (Accessory Dwelling Units)
creating three dwelling units on the property. This is the
first time the property has come on the market since 1968!
Truly a once in a lifetime opportunity for a buyer!
Unit Size
-
Days on Market
402 days
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1949
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 months ago (CRMLS #OC19116589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2020 | Sold | ||
| Sold | |||
| May 18, 2019 | Listed by Keller Williams OCC Realty | $1,300,000 | |
| Listed by Keller Williams OCC Realty | |||
| | |||
|
LOOKING FOR A BEACH HOUSE WITH AMAZING INCOME POTENTIAL? JUST REDUCED TO $1,300,000 ON 1/24/2020!!! TOTAL PRICE IMPROVEMENT OF $600,000!!! IDEAL PROPERTY FOR OWNER OCCUPANTS/ REMODELERS/BUILDERS!!! Two parcels of land on Camino Capistrano totaling 13,825 square feet, according to the square footage shown on the Assessor's Parcel Map. There is currently a 1949 single story home on the property. However, these parcels are best suited for new construction. The San Clemente Planning Department states that the property is zoned RML (Residential Medium Low) allowing for the construction of: a single family dwelling, a duplex, or two condos. Construction of a two story home (or duplex) will provide beautiful second story ocean views. A new single-family residence owner may also be allowed to build an additional 2 ADUs (Accessory Dwelling Units) creating three dwelling units on the property. This is the first time the property has come on the market since 1968! Truly a once in a lifetime opportunity for a buyer!
| |||
Property Highlights
Garage
Parking Available
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Clemente
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: David Silver-Westrick, Keller Williams OCC Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19116589
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19116589
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017