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$2,800,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 hours ago
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Rare opportunity to acquire a well-maintained 4-unit multifamily property situated on an expansive 11,000+ sq ft lot in the desirable city of San Juan Capistrano. Built approximately 18 years ago, this property offers strong in-place income with minimal owner expenses. Each spacious unit features 3 bedrooms, 2 bathrooms, brand new roof, new hardwood flooring, fireplaces, in-unit laundry rooms, private yards, 4 garages, and central A/C, along with numerous upgrades throughout the property. The building is 100% occupied, providing immediate and stable cash flow. Tenants pay all utilities including electricity, gas, and water, significantly reducing operating expenses. Ownership is responsible only for gardening and insurance, making this a low-maintenance investment.

Full Property Details for 32301 Alipaz

General

  • Price: $2,800,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC26049426
  • Updated: 3/6/2026
  • Days on Market: 1 days
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4

Location

  • Area: DO - Del Obispo
  • County: Orange
  • Development Name: DO - Del Obispo
  • Driving Directions: Cross Streets of Alipaz Street & Del Obispo Street

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Private
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Roof: Shingle
  • Entry Location: W
  • Stories/Levels: One,Two
  • Stories Description: One, Two
  • Square Feet: 4,980
  • Year Built: 1989

Unit Information

Unit 1

  • Number of Units: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size Source: Assessor
  • Lot Description: Front Yard, Back Yard

Financial Considerations

  • Price Per Sq. Ft.: $562.25
  • Price Per Unit: 700000

Listed by Balboa Real Estate, Inc, Peyman Kordnavahsi

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Listing agent

— 32301 Alipaz —

  • Peyman Kordnavahsi

    Balboa Real Estate, Inc

949-529-7418

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 32301 Alipaz

School District:Capistrano Unified School District
NameGradesDistance
Kinoshita Elementary School
2 Via Positiva, San Juan Capistrano, CA 92675
PK-50.4 mi
Marco Forster Middle School
25601 Camino Del Avion, San Juan Capistrano, CA 92675
6-80.7 mi
San Juan Hills High School
29211 Stallion Ridge, San Juan Capistrano, CA 92675
9-122.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 32301 Alipaz Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/06/2026
Listed
$2,800,000
77.78%
MLS
4/12/2007
Sold
$1,575,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 32301 Alipaz

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,237
2%
$2,068,789
2%
2024
$20,896
2%
$2,028,225
2%
2023
$20,472
2%
$1,988,456
2%
2022
$20,105
18%
$1,949,467
18%
2021
$17,031
1%
$1,648,907
1%
2020
$16,880
2%
$1,632,000
2%
2019
$16,568
14%
$1,600,000
14%
2018
$14,525
9%
$1,400,000
10%
2017
$13,305
2%
$1,268,554
2%
2016
$13,060
2%
$1,243,681
2%
2015
$12,861
2%
$1,225,000
2%
2014
$12,623
—
$1,200,000
—
2013
$12,631
—
$1,200,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 32301 Alipaz

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Balboa Real Estate, Inc, Peyman Kordnavahsi

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32301 Alipaz, San Juan Capistrano, CA 92675 (MLS# OC26049426) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 32301 Alipaz is currently listed for $2,800,000 and was received on March 06, 2026. Want to learn more about 32301 Alipaz? Do you have questions about finding other Multi-Family real estate for sale in Del Obispo? You can browse all Del Obispo real estate or contact a Coldwell Banker agent to request more information.

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