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32742 Alipaz ST #133 San Juan Capistrano, CA 92675
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Key Details
Sold Price $647,000
Property Type Manufactured Home
Sub Type Manufactured On Land
Listing Status Sold
Purchase Type For Sale
Square Footage 1,611 sqft
Price per Sqft $401
Subdivision Alipaz (Alip)
MLS Listing ID OC22047325
Bedrooms 3
Full Baths 2
Condo Fees $224
HOA Fees $224/mo
Year Built 1973
Lot Size 3,828 Sqft
Property Description
Among the rarest opportunities in the sought after community of Rancho Del Avion, this fully redesigned two-unit Mid-Century Modern home is a special offering. Featuring a completely redesigned 2 bedroom 1 bath front unit (approx. 1,326 SF) with smooth drywall, white-oak hardwood floors, fully custom flat panel Walnut kitchen, Thermador 4 burner gas range, recessed lighting, and brand new vinyl windows and slider door. Rear unit is approximately 285 SF and contains a full-size kitchen with standard appliances, brand new countertop and kitchen cabinets, subway tile backsplash, and a very generous ensuite bathroom with ample storage. Private yard area for the studio as well. Main home yard space with elevated deck and grass area is enclosed by the newly installed Mid-Century style Teak wood fence and the generous sized parcel is studded with over 15 fruit trees and raised vegetable beds. Rear unit is currently a home office yet rents for $1,500/month and the front home can rent for $3,000/month. Community IS NOT on leased land. The community has purchased the rights to the community in full, until 2069. Only association related fee is a HOA of $224/month. Home can produce an 8.8% gross cap rate if fully rented yet has only been used as a primary residence. Both units can be converted back to the original 3 bedroom 2 bathroom home very easily.
Location
State CA
County Orange
Area Do - Del Obispo
Interior
Heating Forced Air
Cooling None
Flooring Tile, Wood
Fireplaces Type Gas, Wood Burning
Laundry In Kitchen
Exterior
Parking Features Attached Carport, Covered, Carport, Direct Access, Garage Faces Front, Garage, Paved
Garage Spaces 3.0
Garage Description 3.0
Fence Block, Wood
Pool Association
Community Features Dog Park, Park, Urban
Amenities Available Call for Rules, Clubhouse, Sport Court, Dog Park, Maintenance Grounds, Picnic Area, Playground, Pool, RV Parking, Spa/Hot Tub
View Y/N Yes
View Hills, Mountain(s)
Roof Type Metal
Building
Lot Description 2-5 Units/Acre
Story 1
Foundation Pier Jacks, Quake Bracing, Raised
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Capistrano Unified
Others
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Maria Vasquez Aguinaldo • Keller Williams Realty Calabasas