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1405 Calle De Oro San Dimas, CA 91773

3 Beds 1 Baths 1,546 sqft Built 1975

$789,000

List Price

$3,610

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1975
  • Price/Sqft : $510.35
  • 3 Days on Market
  • MLS # : CV20251584
  • Updated Date : 12/05/2020 at 14:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,546 sqft
  • Baths : 1 full
Listing Agent

California Preferred Propertie

Listing Agent's Description

YOU WILL FEEL LIKE YOU ARE SITTING ON TOP OF THE WORLD! Beautiful single-story home in Via Verde. High ceilings and open floor plan. Shows light, bright and clean. True pride of ownership! Large kitchen with granite countertops and stainless steel appliances. Enjoy the view from the formal dining room. Open living room with fireplace. Master bedroom has a walk-in-closet and double sliding door to backyard. Totally manicured backyard and patio area - is perfect for hosting guest while you relax and enjoy the mountain, valley, and the city lights views. A short walk to Via Verde Country Club. And if that is not enough.....it is located on a nice cul-de-sac. No H.O.A. dues. Hurry to see this one!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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]
  • As part of Southern California area, Los Angeles market inherits all the benefits from the area.
  • 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)
  • 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 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 has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: San Clemente

ZipNIR Market*Market2010Year20002019200k250k300k350k400k450k500k550k600k650k700k750k800k850kPrice in $199k856k

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

Neighborhood: San Clemente

ZipNIR Market*Market2010Year2000 Q42019 Q216001800200022002400260028003000320034003600Rent in $15463697

* 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
Concordia Elementary School Primary Regular 663 21 7
Shorecliffs Middle School Middle Regular 1,021 39 7
San Clemente High School High Regular 3,036 107 9

Concordia Elementary School

  • Education Level: Primary
  • # of students: 663
  • # of teachers: 21
7
GreatSchools Rating

Shorecliffs Middle School

  • Education Level: Middle
  • # of students: 1,021
  • # of teachers: 39
7
GreatSchools Rating

San Clemente High School

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

$710,100$867,900$789,000

PURCHASE PRICE

$3,249$3,971$3,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,610
EXPENSES Loan Payment -$2,911
Property Tax -$806
Property Insurance -$64
Property Management Fees -$177
CASH FLOW
-$348

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$789,000

PROJECTED PRICE

$3,610

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.56%
Appreciation Year (1-5) 6.8%
Maintenance Year (1-5) 8.00%
Vacancy 5.05%
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

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k$25k$30k

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$214,835

INVESTMENT

$214,835

Down Payment
$197,250
Rehab Estimate
$5,750
Closing Costs
$11,835

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,911

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $197,250
Loan Amount $591,750
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$38,621

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,610

    LIST RENT
  • $2.34

    LIST RENT PER SQFT
  • $2,918

    COMP ESTIMATED VALUE
  • $1.89

    COMP AVG. RENT PER SQFT
Comps Range
$2,800
1$2,8002$3,1003$3,5004$3,5005$3,610
$3,610
RENT COMPS ANALYSIS
  • 1405 Calle De Oro San Dimas, CA 5
    • 3 beds 1 baths ∙ 1,546 Sqft ∙ Built 1975 3 beds 1 baths ∙ 1,546 Sqft ∙ Built 1975
    • Rent
    • Rent Per SQFT
    •  
    • $3,610
    • $2.34
    •  
  • 2501 S El Camino Real San Clemente, CA 1
    • 3 beds 2 baths ∙ 1,462 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,462 Sqft ∙ Built 1973
    LEASED 01/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.92
    •  
  • 156 Calle Cuervo San Clemente, CA 2
    • 3 beds 3 baths ∙ 1,672 Sqft ∙ Built 1975 3 beds 3 baths ∙ 1,672 Sqft ∙ Built 1975
    LEASED 10/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.85
    •  
  • 510 W Avenida De Los Lobos Marinos San Clemente, CA 3
    • 3 beds 1 baths ∙ 1,857 Sqft ∙ Built 1961 3 beds 1 baths ∙ 1,857 Sqft ∙ Built 1961
    LEASED 06/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.88
    •  
  • 237 Avenida Miramar San Clemente, CA 4
    • 3 beds 2 baths ∙ 1,844 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,844 Sqft ∙ Built 1985
    LEASED 10/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.90
    •  
PROPERTY LISTING DETAILS
Alan Nash
California Preferred Propertie
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: CV20251584
Last Updated: 12/05/2020
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