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607 Calle Canasta

San Clemente, CA 92673
  • $2,199,900
  • STATUS: ACTIVE
  • ON SITE: 54 Days
  • ID#: OC24037973
$2,199,900
  • 8
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

San Clemente is Famous for having "The Worlds Best Climate". It has world class Beaches, an Out door Mall, Great Dining, Award Winning Schools and a casual laid back lifestyle. This Property is a "Pride of Ownership" with 2 of the units (1 and 4) having been recently Remodeled & Upgraded. Three of the Tenants are long term, Unit 4 is on their second year. Security gates were installed in last 2 years. Washer and Dryer are owned by Landlord and produce approximately $100 per month extra Income. Almost a 5% Cap which is unheard of in this Market, Great rents with room for upside. San Clemente is Famous for having "The Worlds Best Climate". It has world class Beaches, an Out door Mall, Great Dining, Award Winning Schools and a casual laid back lifestyle. This Property is a "Pride of Ownership" with 2 of the units (1 and 4) having been recently Remodeled & Upgraded. Three of the Tenants are long term, Unit 4 is on their second year. Security gates were installed in last 2 years. Washer and Dryer are owned by Landlord and produce approximately $100 per month extra Income. Almost a 5% Cap which is unheard of in this Market, Great rents with room for upside.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/147903853
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607 Calle Canasta San Clemente, CA 92673

  • Price: $2,199,900
  • Status: ACTIVE
  • On Site: 54 Days
  • ID#: OC24037973
8
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
Oc - San Clemente (92673)
County:
Orange
Area:
Oc - San Clemente (92673)
Property Description
San Clemente is Famous for having "The Worlds Best Climate". It has world class Beaches, an Out door Mall, Great Dining, Award Winning Schools and a casual laid back lifestyle. This Property is a "Pride of Ownership" with 2 of the units (1 and 4) having been recently Remodeled & Upgraded. Three of the Tenants are long term, Unit 4 is on their second year. Security gates were installed in last 2 years. Washer and Dryer are owned by Landlord and produce approximately $100 per month extra Income. Almost a 5% Cap which is unheard of in this Market, Great rents with room for upside. San Clemente is Famous for having "The Worlds Best Climate". It has world class Beaches, an Out door Mall, Great Dining, Award Winning Schools and a casual laid back lifestyle. This Property is a "Pride of Ownership" with 2 of the units (1 and 4) having been recently Remodeled & Upgraded. Three of the Tenants are long term, Unit 4 is on their second year. Security gates were installed in last 2 years. Washer and Dryer are owned by Landlord and produce approximately $100 per month extra Income. Almost a 5% Cap which is unheard of in this Market, Great rents with room for upside.
Exterior Features

Pool N/K Site Cul-De-Sac

Interior Features

Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 1

Property Features

Actual Cap Rate 4.8 Annual Expense Actual 14019 Buildings 1 Cfd Mello Roos Fee 36.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 16.9 Gross Scheduled Income Actual 129438 Monthly Total Fees 3 Sewer Septic Sewer Connected Tenant Pays ElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3335.0 Unit2 Rent Actual 2565.0 Unit3 Rent Actual 2487.0 Unit4 Rent Actual 2300.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Dale Cheema of Keller Williams Realty Irvine: 949-861-8001. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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