Coastal Triplex with Private
For Sale
$2,299,000
803 Calle Puente, San Clemente, CA 92672
Triplex with three separately rented units, each featuring a private one-car garage and private outdoor space.
Property Size3,050 SF
Days on Market61
Property Features for 803 Calle Puente
General Information
Standard status
Active
Size
3,050 SF
Total Parking Spaces
3
Property subtype
Triplex
Amenities
shared on-site coin-operated laundry
Building Details
Building Size
3,050 SF
Year Built
1972
Buildings
1
Tenancy
Multi
Listing Agency:
Lifetime Realty Inc
Listed By:
Gabriela Cernikova · License #01367651
(714) 679-0455
Source:
Velocityrealtysd
Added: Jul 27
Changed: Sep 13
Last Checked: Sep 24 at 6:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lifetime Realty Inc
Investment Insights
Based on property information with market context.
This coastal triplex includes three separately rented units, each with its own private one-car garage. The residences offer outdoor living options that may include private balconies, a spacious deck, or a fenced yard, depending on the unit. Interior updates include vinyl plank flooring and fresh interior paint. Unit finishes also include functional kitchens, with stainless steel appliances noted in select units, and a mix of one-, two-, and three-bedroom floor plans. A shared, on-site coin-operated laundry is also available for residents.
The property is described as approximately two blocks from the beach and near scenic coastal trails, with about six blocks to the downtown district. Public remarks also note that owners currently pay water, sewer, trash, and hot water.
The offering presents a straightforward income property configuration with three independent units and resident convenience features supported by the on-site laundry and each unit’s private garage and outdoor space.
The property is described as approximately two blocks from the beach and near scenic coastal trails, with about six blocks to the downtown district. Public remarks also note that owners currently pay water, sewer, trash, and hot water.
The offering presents a straightforward income property configuration with three independent units and resident convenience features supported by the on-site laundry and each unit’s private garage and outdoor space.
Key Highlights
- 1972‑built triplex with three separately rented units
- Each unit includes a private one‑car garage
- Private outdoor space for each unit, including balconies, a spacious deck, or a fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,334
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,286,680
$1.3M
Cap Rate 7%
$919,057
$919.1K
Cap Rate 9%
$714,822
$714.8K
Market Conditions
NOI Build-Up for 3,050 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$95.2K $31.20/SF
− Vacancy
−$3.3K −$1.07/SF
EGI
$91.9K $30.13/SF
− OpEx
−$27.6K −$9.04/SF
NOI
$64.3K $21.09/SF
Area
Orange County, CA
Vacancy
3.42%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,286,680
Cap Rate 7%
$919,057
Cap Rate 9%
$714,822
Alternative Uses
Best Use
Multifamily LT 5
$919.1K
$804.2K – $1.07M
NOI $64,334 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$831.7K
$727.7K – $970.3K
NOI $58,216 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.02M
$896.4K – $1.20M
NOI $71,710 @ 7.0% cap · market cap 3.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,447
Businesses Nearby
Explore this area
Business Placement
Demographics for 92672, CA
41,067
Population
17,487
Households
2.3
Avg Household Size
37
Median Age
48%
College-Educated
93%
High-School Grad
35.6 sq mi
ZIP Area
1,154
Density / Sq Mi
$109,991
Median Household Income
$54,874
Median Earnings
$2,370
Median Rent
$1,240,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with three separately rented units, each featuring a private one-car garage and private outdoor space.
Where is this triplex located?
The property is located at 803 Calle Puente San Clemente, CA.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: 1972‑built triplex with three separately rented units; Each unit includes a private one‑car garage; Private outdoor space for each unit, including balconies, a spacious deck, or a fenced yard
