5 Beds
3 Baths
2,078 SqFt
5 Beds
3 Baths
2,078 SqFt
Open House
Sun Jan 25, 1:00pm - 4:00pm
Wed Jan 28, 9:30am - 12:00pm
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,078 sqft
Price per Sqft $1,058
MLS Listing ID OC25277972
Bedrooms 5
Full Baths 3
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1928
Lot Size 6,481 Sqft
Property Sub-Type Triplex
Property Description
This restoration was undertaken with the guiding principle that a home which has stood for 100 years should be prepared to endure for another century. With that mindset, the seller invested extensively in modernizing and reinforcing the property's infrastructure while honoring its historic integrity. Improvements include replacement of electrical systems, plumbing and drains, central heating, retaining walls, and roofing, along with extensive wood restoration and replacement. Original wood-framed windows were carefully restored, as were the hardwood floors, which had seen better days but now reflect their original character and craftsmanship.
The property consists of three fully detached cottages. Unit A is a small one-bedroom, originally a carriage house and converted in the mid-20th century. Unit B is a two-bedroom, one-bath residence featuring multiple private courtyards and hand-carved wood ceilings in the living room. Unit C is a two-bedroom, one-bath home with a spacious entertaining courtyard and an expansive approximately 800-square-foot grass yard. Estimated monthly rental figures support an attractive cap rate: Unit A at $2,750 per month, Unit B at $4,300 per month, and Unit C at $4,600 per month. The property also benefits from Mills Act status, offering a significant reduction in property taxes while incentivizing continued historic preservation.
Location
State CA
County Orange
Area Cb - Capistrano Beach
Rooms
Main Level Bedrooms 5
Interior
Interior Features Balcony, High Ceilings
Cooling Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Free-Standing Range, Gas Water Heater, Tankless Water Heater
Laundry Laundry Closet
Exterior
Pool None
Community Features Storm Drain(s), Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Spanish Tile
Private Pool No
Building
Lot Description Corner Lot, Lawn, Landscaped, Rectangular Lot
Dwelling Type Triplex
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Schools
School District Capistrano Unified
Others
Senior Community No
Tax ID 12318317
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=eRlVX-0TeAQ
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