688 Camino De Los Mares

  • $$2,149,000
    • 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:$$2,149,000
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
additionalParcelsYN:no
assessments:Unknown
associationYN:no
average1BedAreaUnits:Square Feet
average2BedAreaUnits:Square Feet
average3BedAreaUnits:Square Feet
averageStudioAreaUnits:Square Feet
buildingAreaUnits:Square Feet
capRate:4.3
coListAgentStateLicense:01938313
coListOfficeStateLicense:01909796
commonWalls:No Common Walls
communityFeatures:Curbs, Gutters, Storm Drains, Street Lights, Suburban
country:US
daysOnMarket:48
elevationUnits:Feet
entryLevel:1
entryLocation:rear
fireplaceFeatures:Family Room
fireplaceYN:yes
flooring:Vinyl
garageSpaces:4
grossOperatingIncome:133140
grossScheduledIncome:133140
heating:Forced Air
heatingYN:yes
insuranceExpense:4000
landLeaseYN:no
laundryFeatures:Common Area, Dryer Included, Washer Included
laundryYN:yes
levels:Two
listAgentStateLicense:01491451
listOfficeStateLicense:01909796
lotFeatures:Front Yard
lotSizeArea:13939
lotSizeSource:Assessor
lotSizeSquareFeet:13939
lotSizeUnits:Square Feet
mlsAreaMajor:SC - San Clemente Central
netOperatingIncome:99855
newConstructionYN:no
numberOfBuildings:1
numberOfSeparateElectricMeters:4
numberOfSeparateGasMeters:4
numberOfSeparateWaterMeters:1
numberOfUnitsLeased:4
numberOfUnitsTotal:4
numberWithDishwasher:4
numberWithDisposal:4
numberWithRange:4
numberWithRefrigerator:4
operatingExpense:33285
operatingExpensePercent:25
parcelNumber:67511139
parkingFeatures:Driveway Up Slope From Street, Garage
parkingTotal:8
parkingYN:yes
poolFeatures:None
poolPrivateYN:no
pricePerUnit:537250
propertyAttachedYN:no
rentControlYN:no
roomType:All Bedrooms Down
seniorCommunityYN:no
sewer:Public Sewer
specialListingConditions:Standard
storiesTotal:2
subdivisionNameOther:unknown
taxCensusTract:422.05
taxLot:6
taxTractNumber:7592
tenantPays:Cable TV, Electricity, Gas, Insurance
totalActualRent:133140
totalExpenses:33418
trashExpense:1200
uncoveredSpaces:4
utilities:Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
waterSewerExpense:1692
waterSource:Public
yearBuiltSource:Assessor
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