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1225 Via Presa San Clemente, CA 92672

3 Beds 3 Baths 1,847 sqft Built 1994

$850,000

List Price

$3,740

$3.5K - $4K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $460.21
  • 3 Days on Market
  • MLS # : OC20257837
  • Updated Date : 12/18/2020 at 13:54
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,847 sqft
  • Baths : 2 full , 1 half
Listing Agent

First Team Real Estate

Listing Agent's Description

Stunning end-unit modern home featuring 1,847 sqft with 3 bedrooms, 2.5 bathrooms & a private backyard facing a hill. You'll immediately notice the 20ft vaulted ceilings & modern features throughout. This house is light, bright, fully upgraded & move-in ready. The majority of the house has beautiful 24" white porcelain tile flooring with a glass finish. There's no carpet in the house. The living room features numerous recessed lights as well as a fire and ice fireplace finished with modern tiles all the way up the 20ft fireplace column. The Chef's kitchen has white Caesarstone Quartz countertops, custom high-gloss cabinetry with soft close drawers and doors, a huge kitchen island with bar seating, mirrored backsplash, stainless steel appliances and recessed lights. The spacious master bedroom has vaulted ceilings, a modern gas fireplace, a walk-in closet with custom cabinetry & a private balcony. The ensuite master bath features frosted privacy doors, Caesarstone vanity with dual sinks, a custom walk-in shower and high end Toto smart toilet. The two upstairs guest bedrooms feature vaulted ceilings, ceiling fans & spacious closets. The upstairs hallway bath is remodeled with modern finishes. Downstairs is a laundry closet as well as a half bath for guests featuring a modern vanity plus a Toto smart toilet. Your wraparound backyard has no neighbors looking in. Vilamoura has it's own pool and spa. Nearby is Rancho San Clemente Sports Park, LifeTime Fitness & hiking trails.

SEE MORE

MARKET HIGHLIGHTS

  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Orange County market inherits all the benefits from the area.
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)

PRICE & RENT TRENDS

Neighborhood: San Lorenzo

ZipNIR Market*Market2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $212k1146k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: San Lorenzo

ZipNIR Market*Market2010Year2000 Q22019 Q2160018002000220024002600280030003200340036003800Rent in $15943866

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Bay Elementary School Primary Regular 546 23 4
Bohannon Middle School Middle Regular 842 39 3
Arroyo High School High Regular 1,784 78 7

Bay Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 23
4
GreatSchools Rating

Bohannon Middle School

  • Education Level: Middle
  • # of students: 842
  • # of teachers: 39
3
GreatSchools Rating

Arroyo High School

  • Education Level: High
  • # of students: 1,784
  • # of teachers: 78
7
GreatSchools Rating
 

$765,000$935,000$850,000

PURCHASE PRICE

$3,366$4,114$3,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,740
EXPENSES Loan Payment -$3,136
Property Tax -$720
Property Insurance -$72
HOA -$310
Property Management Fees -$183
CASH FLOW
-$681

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$850,000

PROJECTED PRICE

$3,740

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.42%
Appreciation Year (1-5) 5.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.35%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$231,000

INVESTMENT

$231,000

Down Payment
$212,500
Rehab Estimate
$5,750
Closing Costs
$12,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$3,136

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $212,500
Loan Amount $637,500
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$17,762

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,740

    LIST RENT
  • $2.02

    LIST RENT PER SQFT
  • $3,389

    COMP ESTIMATED VALUE
  • $1.84

    COMP AVG. RENT PER SQFT
Comps Range
$3,350
1$3,3502$3,5603$3,740
$3,740
RENT COMPS ANALYSIS
  • 1225 Via Presa San Clemente, CA 3
    • 3 beds 3 baths ∙ 1,847 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,847 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $3,740
    • $2.02
    •  
  • 1201 Via Presa San Clemente, CA 1
    • 3 beds 3 baths ∙ 1,847 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,847 Sqft ∙ Built 1994
    LEASED 12/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.81
    •  
  • 2132 Via Aguila San Clemente, CA 2
    • 3 beds 3 baths ∙ 1,910 Sqft ∙ Built 1988 3 beds 3 baths ∙ 1,910 Sqft ∙ Built 1988
    LEASED 05/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,560
    • $1.86
    •  
PROPERTY LISTING DETAILS
Jason Beitdashtoo
First Team Real Estate
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC20257837
Last Updated: 12/18/2020
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