415 Monterey Ln
Description
- Listed by Keith Wichner • DRE #00586443 • Brokerage DRE #00745605 • Seven Gables Real Estate • 714-206-2383
Property Details for 415 Monterey Lane
Property Details for 415 Monterey Lane
| Status | Closed |
|---|---|
| MLS # | OC24144357 |
| Days on Market | 135 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Res Income 2-4 Units |
| Year Built | 1978 |
| County | Orange County |
Location
Sold By Coldwell Banker Realty, Louis Dillon, DRE #01274376
Building Information for 415 Monterey Lane
Payment Calculator
$7,079 per month
30 year fixed, 6.15% Interest
$5,849
$1,230
$0
Property Information for 415 Monterey Lane
- Tenant Pays: Cable TV, Electricity, Gas
- Gross Income: $0
- Gross Scheduled Income: $96,600
- Gross Equity: $1,200,000
- Vacancy Allowance Rate: 2
- Net Operating Income: $57,960
- Gross Multiplier: 12.4
- Cap Rate: 4.8
- Current Financing: Conventional
- Financing: Cash
- Operating Expense: $38,640
- Operating Expense Percent: 40.00%
- New Taxes Expense: $13,800
- Fuel Expense: $2,000
- Licenses Expense: $500
- Electric Expense: $500
- Insurance Expense: $2,000
- Maintenance Expense: $5,796
- Maintenance Percent: 6.00%
- Professional Management Expense: $0
- Trash Expense: $2,500
- Water Sewer Expense: $1,200
- Total Expenses: $60,000
- Tax Block: 5
- Tax Tract Number: 785
- Tax Census Tract: 421.08
- Tax Lot: 8
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Biking, Hiking, Sidewalks, Street Lights, Suburban
- Appliances: Dishwasher, Disposal, Gas Water Heater
- Equipment: Community, Dishwasher
- Interior Features: 2 Staircases, Balcony, Copper Plumbing Full, In-Law Floorplan
- Room Type: All Bedrooms Up, Kitchen, Living Room, Walk-In Closet
- Bedroom Features: All Bedrooms Up, WalkInCloset
- Water Heater Features: Gas
- Laundry: Yes
- Laundry Features: Community
- Fireplace Features: Living Room, Gas Starter
- Fireplace Rooms: Gas Starter, Living Room
- Cooling: None
- Heating Type: Forced Air
- Heating: Forced Air
- Heat Equipment: Forced Air Unit
- Flooring: Carpet
- Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
- Construction Materials: Stucco
- Exterior Construction: Stucco
- Exterior: Stucco
- Roof: Tile
- Entry Location: 2
- Fence: Yes
- Fencing: Block
- Foundation Details: Raised
- Other Structures: Shed(s), Storage
- Property Condition: Repairs Cosmetic, Updated/Remodeled
- View Description: Ocean, White Water
- Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Spa Features: None
- Spa Heat: N/K
- Lot Features: Irregular Lot, Walkstreet
- Direction Faces: North
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
- Electric: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Carport, Driveway, Uncovered
- Parking Garage Spaces: 0
- Carport Spaces: 4
- Parking Features: Carport, Detached Carport, Driveway, Concrete, Uncovered
- Builders Tract Name: Other
- Builders Tract Code: Other (OTHR)
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 2
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,400
- Unit Type Total Rent: $4,800
- Unit Type Type: 1
- Unit Type Units Total: 2
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,750
- Unit Type Total Rent: $3,500
- Unit Type Type: 2
- Number Of Units Leased: 4
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
- Number With Dishwasher: 2
- Number With Range: 2
- Number With Carpet: 4
- Number With Disposal: 3
- Number With Drapes: 4
Property History for 415 Monterey Lane
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 7, 2025 | Price Change CLAW #OC24144357MR | $1,200,000 | — |
| Jan 7, 2025 | Sold CRMLS #OC24144357 | $1,200,000 | — |
| Jan 7, 2025 | Sold SDMLS #OC24144357 | $1,200,000 | — |
| Jan 7, 2025 | Sold CLAW #OC24144357MR | — | |
| Jan 6, 2025 | Sold (Public Record) Public Record #1548372740 | $1,200,000 | — |
| Dec 6, 2024 | Pending CLAW #OC24144357MR | — | |
| Dec 6, 2024 | Pending SDMLS #OC24144357 | — | |
| Dec 6, 2024 | Accepting Backup Offers CLAW #OC24144357MR | — | |
| Dec 6, 2024 | Accepting Backup Offers CRMLS #OC24144357 | — | |
| Nov 10, 2024 | Price Change CLAW #OC24144357MR | $3,650,000 | — |
| Oct 12, 2024 | Price Change CLAW #OC24144357MR | $3,799,500 | — |
| Aug 23, 2024 | Price Change CLAW #OC24144357MR | $3,999,500 | — |
| Aug 16, 2024 | Price Change CLAW #OC24144357MR | $4,899,500 | — |
| Jul 24, 2024 | Listed (Active) CLAW #OC24144357MR | $5,500,000 | — |
| Jul 15, 2024 | Hold CRMLS #OC24144357 | — | |
| Jul 15, 2024 | Listed (Active) CRMLS #OC24144357 | $5,500,000 | — |
| Jul 14, 2024 | Hold CLAW #OC24144357MR | — | |
| Jul 14, 2024 | Listed (Active) SDMLS #OC24144357 | $5,500,000 | — |
| Jul 14, 2024 | Listed (Active) CLAW #OC24144357MR | $5,500,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/07/2025 | Price Change CLAW #OC24144357MR | $1,200,000 |
| 01/07/2025 | Sold CRMLS #OC24144357 | $1,200,000 |
| 01/07/2025 | Sold SDMLS #OC24144357 | $1,200,000 |
| 01/07/2025 | Sold CLAW #OC24144357MR | — |
| 01/06/2025 | Sold (Public Record) Public Record #1548372740 | $1,200,000 |
| 12/06/2024 | Pending CLAW #OC24144357MR | — |
| 12/06/2024 | Pending SDMLS #OC24144357 | — |
| 12/06/2024 | Accepting Backup Offers CLAW #OC24144357MR | — |
| 12/06/2024 | Accepting Backup Offers CRMLS #OC24144357 | — |
| 11/10/2024 | Price Change CLAW #OC24144357MR | $3,650,000 |
| 10/12/2024 | Price Change CLAW #OC24144357MR | $3,799,500 |
| 08/23/2024 | Price Change CLAW #OC24144357MR | $3,999,500 |
| 08/16/2024 | Price Change CLAW #OC24144357MR | $4,899,500 |
| 07/24/2024 | Listed (Active) CLAW #OC24144357MR | $5,500,000 |
| 07/15/2024 | Hold CRMLS #OC24144357 | — |
| 07/15/2024 | Listed (Active) CRMLS #OC24144357 | $5,500,000 |
| 07/14/2024 | Hold CLAW #OC24144357MR | — |
| 07/14/2024 | Listed (Active) SDMLS #OC24144357 | $5,500,000 |
| 07/14/2024 | Listed (Active) CLAW #OC24144357MR | $5,500,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 415 Monterey Lane
Schools near 415 Monterey Lane
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 12 |
Rating | School | Distance |
|---|---|---|
Clarence Lobo Elementary School PublicK to 5 | ||
Shorecliffs Middle School Public6 to 8 | ||
San Clemente High School Public9 to 12 | ||
California Connections Academy at Capistrano CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Seven Gables Real Estate, Keith Wichner, DRE #00586443
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.