688 Camino De Los Mares

  • $$2,099,000
    • Sq Ft: 3,680
    • Lot Sq Ft: 0.320 acres

Most people know San Clemente is famous for having “The World’s Best Climate” but it also has so much more: World-class beaches, outdoor mall, great dining, award-winning schools and that casual, laid-back California lifestyle that is the envy of the world. This property has been mostly updated by the current owners with the three-bedroom unit and one of the two-bed units completely updated with new luxury-vinyl floors, new appliances, recessed lighting, custom tiled baths, new bathroom fixtures and quartz counter tops. The other two-bed unit has been newly refreshed with partial vinyl flooring (kitchen, baths and bedrooms), paint, lighting and other nice touches. Along with the improvements, rents have been brought up to current levels, resulting in an excellent cap rate and not forcing the new owner to wrestle with challenging evictions…the work has already been done.

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Price:$$2,099,000
Address:688 Camino De Los Mares
City:San Clemente
State:California
Zip Code:92673
Subdivision:Other (OTHR)
MLS:LG23148167
Year Built:1973
Square Feet:3,680
Acres:0.320
Lot Square Feet:0.320 acres
sewer:Public Sewer
levels:Two
taxLot:6
capRate:4.3
country:US
heating:Forced Air
flooring:Vinyl
roomType:All Bedrooms Down
heatingYN:yes
laundryYN:yes
parkingYN:yes
utilities:Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
entryLevel:1
tenantPays:Cable TV, Electricity, Gas, Insurance
assessments:Unknown
commonWalls:No Common Walls
fireplaceYN:yes
landLeaseYN:no
lotFeatures:Front Yard
lotSizeArea:13939
waterSource:Public
daysOnMarket:62
garageSpaces:4
lotSizeUnits:Square Feet
mlsAreaMajor:SC - San Clemente Central
parcelNumber:67511139
parkingTotal:8
poolFeatures:None
pricePerUnit:524750
storiesTotal:2
trashExpense:1200
associationYN:no
entryLocation:rear
lotSizeSource:Assessor
poolPrivateYN:no
rentControlYN:no
totalExpenses:33418
elevationUnits:Feet
taxCensusTract:422.05
taxTractNumber:7592
laundryFeatures:Common Area, Dryer Included, Washer Included
numberWithRange:4
parkingFeatures:Driveway Up Slope From Street, Garage
totalActualRent:133140
uncoveredSpaces:4
yearBuiltSource:Assessor
insuranceExpense:4000
operatingExpense:33285
buildingAreaUnits:Square Feet
communityFeatures:Curbs, Gutters, Storm Drains, Street Lights, Suburban
fireplaceFeatures:Family Room
lotSizeSquareFeet:13939
newConstructionYN:no
numberOfBuildings:1
seniorCommunityYN:no
waterSewerExpense:1692
netOperatingIncome:99855
numberOfUnitsTotal:4
numberWithDisposal:4
propertyAttachedYN:no
additionalParcelsYN:no
numberOfUnitsLeased:4
average1BedAreaUnits:Square Feet
average2BedAreaUnits:Square Feet
average3BedAreaUnits:Square Feet
grossOperatingIncome:133140
grossScheduledIncome:133140
numberWithDishwasher:4
subdivisionNameOther:unknown
listAgentStateLicense:01491451
averageStudioAreaUnits:Square Feet
listOfficeStateLicense:01909796
numberWithRefrigerator:4
coListAgentStateLicense:01938313
operatingExpensePercent:25
coListOfficeStateLicense:01909796
specialListingConditions:Standard
numberOfSeparateGasMeters:4
numberOfSeparateWaterMeters:1
numberOfSeparateElectricMeters:4
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