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13 Calle Celestial San Clemente, CA 92673

3 Beds 3 Baths 2,867 sqft Built 2003

$1,254,000

List Price

$4,840

$4.6K - $5.1K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $437.39
  • 27 Days on Market
  • MLS # : OC20260489
  • Updated Date : 01/11/2021 at 14:57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,867 sqft
  • Baths : 2 full , 1 half
Listing Agent

J Gahan Realty

Listing Agent's Description

THIS SPACIOUS SINGLE LEVEL HOME IS A RARE FIND! Located on a quiet secluded cul-de-sac in the CANTABRIA NEIGHBORHOOD OF TALEGA, this beautiful home boast 3 bedrooms plus an office and 2.5 baths. The gourmet island kitchen with custom cabinets, granite counter tops, built-ins and upgraded appliances flows into the family room creating one great room! Perfect for entertaining, the family room is centered around a fireplace and TV wall wired to send sound throughout the house. A slider opens to the backyard and more entertaining possibilities. There you will find ample seating under one of two covered patio areas, as well as, a custom outdoor fireplace and jacuzzi spa with fountain feature. The rear yard is bordered by a large HOA maintained green belt adding to the serenity and privacy of the property. The formal living room area and adjacent dining area are spacious and defined by tall French Doors on either side of a central fireplace with mantle. Ten foot ceilings and custom hardwood floors add to the elegance and charm throughout the house. The master suite, located in its own wing is spacious and private. The master bath includes separate shower, soaking tub, dual vanities and walk in closet. The two guest bedrooms share a Jack and Jill bath at the opposite end of the house. There is also an office, and powder room just off the formal living area and a large laundry room with access to the fully finished three car garage. This beautiful home is a must see!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Talega

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $272k1091k

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

Neighborhood: Talega

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q220002200240026002800300032003400360038004000420044004600Rent in $19814763

* 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
Vista Del Mar Elementary School Primary Regular 1,118 36 9
Vista Del Mar Middle School Middle Regular 614 25 9
San Clemente High School High Regular 3,036 107 9

Vista Del Mar Elementary School

  • Education Level: Primary
  • # of students: 1,118
  • # of teachers: 36
9
GreatSchools Rating

Vista Del Mar Middle School

  • Education Level: Middle
  • # of students: 614
  • # of teachers: 25
9
GreatSchools Rating

San Clemente High School

  • Education Level: High
  • # of students: 3,036
  • # of teachers: 107
9
GreatSchools Rating
 

$1,128,600$1,379,400$1,254,000

PURCHASE PRICE

$4,356$5,324$4,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,840
EXPENSES Loan Payment -$4,356
Property Tax -$1,464
Property Insurance -$96
HOA -$215
Property Management Fees -$237
CASH FLOW
-$1,528

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$1,254,000

PROJECTED PRICE

$4,840

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 3.7%
Maintenance Year (1-5) 8.00%
Vacancy 5.81%
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$2.5M$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$338,060

INVESTMENT

$338,060

Down Payment
$313,500
Rehab Estimate
$5,750
Closing Costs
$18,810

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$4,356

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $313,500
Loan Amount $940,500
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$679

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,840

    LIST RENT
  • $1.69

    LIST RENT PER SQFT
  • $4,903

    COMP ESTIMATED VALUE
  • $1.71

    COMP AVG. RENT PER SQFT
Comps Range
$4,350
1$4,3502$4,5003$4,7504$4,8405$4,900
$4,900
RENT COMPS ANALYSIS
  • 13 Calle Celestial San Clemente, CA 4
    • 3 beds 3 baths ∙ 2,867 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,867 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $4,840
    • $1.69
    •  
  • 13 Via Agradar San Clemente, CA 1
    • 4 beds 3 baths ∙ 2,583 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,583 Sqft ∙ Built 2006
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,350
    • $1.68
    •  
  • 12 Avenida Reflexion San Clemente, CA 2
    • 4 beds 3 baths ∙ 2,641 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,641 Sqft ∙ Built 2000
    LEASED 07/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.70
    •  
  • 20 Calle Verdadero San Clemente, CA 3
    • 4 beds 3 baths ∙ 2,615 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,615 Sqft ∙ Built 2004
    LEASED 04/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,750
    • $1.82
    •  
  • 37 Via Regalo San Clemente, CA 5
    • 4 beds 3 baths ∙ 2,987 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,987 Sqft ∙ Built 2006
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,900
    • $1.64
    •  
PROPERTY LISTING DETAILS
Jerry Gahan
J Gahan Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC20260489
Last Updated: 01/11/2021
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