35322 Camino Capistrano, Capistrano Beach, CA, 92624
About This Home
Incredible Investment Opportunity! The Palisades Apartments are comprised of 15 units in cottage-style clusters and sits on an acre of prime real estate perched along the coastal blufftops between the luxurious revitalized Dana Point Harbor and the San Clemente Pier. These well-maintained single-story units offer stable income and feature a mix of one and two bedroom units with private patios. Tenants enjoy substantial parking with a blend of carports with storage cabinets, garages and perimeter parking. Some units include interior W&D systems and there is also a community on-site laundry room. The owner made a significant investment by just completing construction of a new electric service line with new individual meters and sub-panels. This beautiful coastal community is centrally located to multiple transit systems including the 5 FWY, Pacific Coast Hwy, Amtrak & Metrolink Trains, the Dana Point & San Clemente trolly systems and local parks and award-winning schools.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Turnkey
- Year built: 1970
Materials
- Roof: Composition
- Construction materials: Block,Stucco
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Disposal,Range Hood,Vented Exhaust Fan,Water Heater
- Laundry features: Common Area,Laundry Room
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 16
- Bathrooms: 16
Features
- Ceiling Fan(s),Storage,Unfurnished,All Bedrooms Down
- Door features: Mirrored Closet Door(s),Sliding Doors
- Window features: Blinds
- Flooring: Carpet,Laminate,Tile
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,No One Below
Heating & Cooling
- Heating features: Radiant
- Cooling features: None
Interior Area
- Total structure area: 11,659
- Total interior livable area: 11,659 sqft
Property
Accessibility
- Accessibility features: No Stairs
Details
- Parcel number: 69118109
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link,Wood,Wrought Iron
- Has view: Yes
- View description: Bluff,Hills
- Waterfront features: Across the Road from Lake/Ocean,Ocean Side Of Freeway
Lot
- Lot size: 0.99 Acres
- Features: Landscaped,Near Park,Near Public Transit,Rectangular Lot,Sprinkler System
Parking
- Total spaces: 26
- Parking features: Assigned,Concrete,Detached Carport,Door-Single,Driveway,Garage,Garage Faces Rear,Garage Faces Side,Storage
- Has garage: Yes
- Attached garage spaces: 7
- Covered spaces: 22
- Uncovered spaces: 4
- Carport: Yes
- Carport spaces: 15
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $50,542 | $606,504 |
| Home Insurance * | $1,044 | $12,528 |
| Property Taxes | $5,330 | $63,960 |
| Electricity | $2,500 | $30,001 |
| Total | $59,416 | $712,992 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-15 | Listed for sale | $9,995,500 |
For Sale by Agent
View on Zillow