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Sold for $1,850,000
  • Listed by: CENTURY 21 Affiliated • Dan Yeilding • Contact: 949-370-3385
    Bought with: First Team Real Estate
    Tax assessed value
    $1,850,000

    224 Avenida Cabrillo, San Clemente, CA 92672

    3beds
    3baths
    1,883sqft
    Triplex
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $982/sqft
    $2,712 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,712/mo

    Zestimate® history
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    What's special

    Discover a unique investment opportunity in the heart of charming downtown San Clemente with this immaculate single-level triplex, which perfectly blends coastal charm and modern upgrades. Comprising three 1-bedroom, 1-bathroom beach cottages, this property offers a seamless blend of relaxation and convenience. Each unit boasts inviting front and rear patios, providing private outdoor spaces for tenants or owners to enjoy the refreshing sea breeze. Over the years, the building has undergone significant improvements. Initially, the concrete and retaining wall on the east side were replaced, and new drains were installed. This was followed by the replacement of concrete on the west side, with new drains and planters added. The kitchen and bathrooms have been upgraded in all units. Additionally, the original cast iron waste lines were removed and replaced with modern ABS waste lines. The building's electrical system was upgraded with a new panel, and washer and dryer hookups were added to the garages. New vinyl flooring was installed in Apartments B and C. A major rebuild of the front of the building included new garage floors, walls, doors, openers, a deck, an enclosed patio, a roof, and vinyl windows for Apartment A. The attics of all units were insulated, additional attic vents were installed, and both the interior and exterior of Apartment A and the front of the building were repainted. Most recently, Apartment B received new windows, a new roof, and fresh interior and exterior paint, further enhancing the building's overall appeal and functionality. These extensive renovations ensure peace of mind and low maintenance for years to come. Unit A features an expansive view deck, a perfect spot to unwind while taking in the panoramic vistas and the vibrant life of downtown San Clemente. Just a short stroll away, you’ll find the bustling Avenida Del Mar, brimming with delightful shopping and dining options, and the iconic San Clemente Pier, where the sun meets the surf. Whether you’re looking to expand your investment portfolio or searching for a perfect vacation home with additional rental income, this triplex offers unparalleled flexibility. Live in one unit and rent out the others, or lease all three for a steady revenue stream in a sought-after location. Don’t miss out on this rare opportunity to own a piece of California’s beautiful coastline.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Yeilding DRE #00559105 949-370-3385,

    CENTURY 21 Affiliated,

    DJ Yeilding DRE #01384625 949-370-0382,

    CENTURY 21 Affiliated

    Bought with:

    Holly McKhann, DRE #01956721

    First Team Real Estate

    Source: CRMLS,MLS#: OC24104462MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Appliances
    • Laundry: In Garage
    Features
    • Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
    Interior area
    • Total structure area: 1,883
    • Total interior livable area: 1,883 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: at grade
    • Pool features: None
    Lot
    • Size: 3,920 Square Feet
    • Features: 11-15 Units/Acre
    Details
    • Parcel number: 05812339
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Golf, Street Lights, Sidewalks, Water Sports
    • Subdivision: None
    Location
    • Region: San Clemente

    Financial & listing details

    • Price per square foot: $982/sqft
    • Tax assessed value: $1,850,000
    • Annual tax amount: $18,722
    • Date on market: 5/25/2024
    • Cumulative days on market: 94 days
    • Listing terms: Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    10/25/2024Sold$1,850,000-2.4%$982/sqft
    Source: CRMLS #OC24104462 Report a problem
    8/28/2024Contingent$1,895,000$1,006/sqft
    Source: CRMLS #OC24104462 Report a problem
    7/17/2024Price change$1,895,000-2.8%$1,006/sqft
    Source: CRMLS #OC24104462 Report a problem
    5/25/2024Listed for sale$1,950,000+420%$1,036/sqft
    Source: CRMLS #OC24104462 Report a problem
    10/1/2002Sold$375,000$199/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,722 +534.6%$1,850,000 +540.9%
    2024$2,950 +2.1%$288,660 +2%
    2023$2,889 +1.9%$283,000 +2%
    2022$2,835 +2%$277,451 +2%
    2021$2,780 +1%$272,011 +1%
    2020$2,752 $269,222 +2%
    2019$2,752 +2%$263,944 +2%
    2018$2,699 +4%$258,769 +2%
    2017$2,595 $253,696 +2%
    2016$2,595 +1.9%$248,722 +1.5%
    2015$2,546 +3.6%$244,986 +2%
    2014$2,458 $240,188 +0.5%
    2013-- $239,103 +2%
    2012-- $234,415 +2%
    2011-- $229,819 +0.8%
    2010-- $228,102 -0.2%
    2009-- $228,645 +2%
    2008-- $224,162 +2%
    2007-- $219,767 +2%
    2006-- $215,458 +2%
    2005-- $211,234 +2%
    2004-- $207,093 +1.9%
    2003-- $203,298 +2%
    2002-- $199,312 +2%
    2001$2,220 +1.7%$195,404 +2%
    2000$2,183 $191,573
    Find assessor info on the county website

    Neighborhood: 92672

    Nearby schools

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