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$2,625,000

  • Sold
  • Closed
  • Multi-Family
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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. This property offers strong in-place income with minimal owner expenses. Each spacious unit features 3 bedrooms, 2 bathrooms, brand new roof, 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

  • Sold For: $2,625,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC26049426
  • Added to Site: 167 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 Source: Assessor
  • Lot Description: Front Yard, Back Yard

Financial Considerations

  • Price Per Sq. Ft.: $527.11
  • Price Per Unit: 675000

Listed by Balboa Real Estate, Inc, Peyman Kordnavahsi
Sold by eXp Realty of California Inc, Leyla Shakhsian

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 32301 Alipaz

Date
Details
Price
Change
Source
7/23/2026
Sold
$2,625,000
-2.78%
MLS
5/09/2026
Price Reduced
$2,700,000
-3.57%
MLS
3/06/2026
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Balboa Real Estate, Inc, Peyman Kordnavahsi
Sold by eXp Realty of California Inc, Leyla Shakhsian

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32301 Alipaz, San Juan Capistrano, CA 92675 (MLS# OC26049426) is a Multi-Family property that was sold at $2,625,000 on July 23, 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.