Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

5 Via Abajar San Clemente, CA 92673

4 Beds 3 Baths 2,448 sqft Built 2004

$1,079,000

List Price

$4,500

$4.3K - $4.8K

Rent Est.

PROPERTY INFO

December 24, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $440.77
  • 5 Days on Market
  • MLS # : OC20261558
  • Updated Date : 12/26/2020 at 10:26
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,448 sqft
  • Baths : 3 full
Listing Agent

Pacific Sotheby's Int'l Realty

Listing Agent's Description

Genuinely classic elegance in this former model home imbues this richly upgraded San Clemente residence with refined luxury at San Lucar in Talega. Framed by the beautiful hillsides in Talega, this lovely San Lucar residence is a fantastic opportunity for a young couple or new family. When you walk in you'll be greeted by custom millwork, featuring dark-stained crown and base molding, window trim, ceiling beams, plantation shutters and staircase adornments, combined with a bright white color scheme and wide-plank hardwood flooring throughout the home, enriching a formal living room and a formal dining room with stone accent walls and French doors opening to the backyard. This inviting space flows freely to a chef’s kitchen with an island/breakfast bar, and stainless-steel Thermador appliances including a built-in refrigerator. The second level reveals wide-plank hardwood flooring and a bonus area with built-in desk. Retreat to an opulent master suite with custom built-ins, separate vanities with lighted mirrors, a walk-in closet, a large tub and a separate custom built, glass-enclosed shower. This former model is graced with a front porch, two-car attached garage and a backyard everyone can enjoy with synthetic grass, gazebo with swing, and of course, enviable privacy. Local amenities include the Swim and Athletic club, an award-winning golf course and miles of hiking and biking trails.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: San Clemente

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $272k1085k

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

Neighborhood: San Clemente

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q220002200240026002800300032003400360038004000Rent in $19814177

* 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
 

$971,100$1,186,900$1,079,000

PURCHASE PRICE

$4,050$4,950$4,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,500
EXPENSES Loan Payment -$3,981
Property Tax -$913
Property Insurance -$86
HOA -$215
Property Management Fees -$221
CASH FLOW
-$916

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.

$1,079,000

PROJECTED PRICE

$4,500

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 5.0%
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-$20k-$10k$0.0$10k$20k$30k

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$291,685

INVESTMENT

$291,685

Down Payment
$269,750
Rehab Estimate
$5,750
Closing Costs
$16,185

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,981

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $269,750
Loan Amount $809,250
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$13,881

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,500

    LIST RENT
  • $1.84

    LIST RENT PER SQFT
  • $4,553

    COMP ESTIMATED VALUE
  • $1.86

    COMP AVG. RENT PER SQFT
Comps Range
$4,500
1$4,5002$4,5003$4,5954$4,700
$4,700
RENT COMPS ANALYSIS
  • 5 Via Abajar San Clemente, CA 2
    • 4 beds 3 baths ∙ 2,448 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,448 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.84
    •  
  • 12 Via Ceramica San Clemente, CA 1
    • 4 beds 3 baths ∙ 2,478 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,478 Sqft ∙ Built 2004
    property image
    LEASED 08/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.82
    •  
  • 104 Avenida Dominguez San Clemente, CA 3
    • 4 beds 4 baths ∙ 2,341 Sqft ∙ Built 2020 4 beds 4 baths ∙ 2,341 Sqft ∙ Built 2020
    property image
    LEASED 08/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,595
    • $1.96
    •  
  • 10 Via Abajar San Clemente, CA 4
    • 4 beds 3 baths ∙ 2,615 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,615 Sqft ∙ Built 2003
    property image
    LEASED 08/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,700
    • $1.80
    •  
PROPERTY LISTING DETAILS
Robert Diehl
Pacific Sotheby's Int'l Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: OC20261558
Last Updated: 12/26/2020
BESbswy