
San Juan Capistrano, California 92675
This Dual-Residence Investment Asset is listed at $1,399,000, representing a rare acquisition in San Juan Capistrano’s Mission District. While the $1,184,746 Fair Market Value reflects standard single-family metrics, this property’s Dual-Income Potential and Value-Add Opportunity offer unique long-term utility. Currently holding a Fair Condition Rating, the front unit is primed for modernization, while the tenant-occupied rear unit provides immediate stability. Located near top-tier Capistrano Unified schools, this hilltop property is a strategic choice for Buy-and-Hold Investors or Multi-Generational Families seeking versatility and cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31302 Ysidora Subject | $1,399,000* List Price | 2 | 1 | 1,000 | $1,185 | - |
A 31462 La Matanza Street Sold | $1,300,000 | 3 | 3 | 1,220 | $1,066 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this property consists of two homes that are functional but dated. The kitchen features older oak-style cabinetry, basic laminate countertops, and aging appliances. Bathrooms and bedrooms show signs of age, including popcorn ceilings and older fixtures. While the property is maintained and currently habitable (with one unit tenant-occupied), the interior shows some deferred maintenance such as missing baseboards and unfinished drywall sections, and the overall aesthetic requires modernization to meet current market standards.
The property features two separate homes on a single lot, offering a rare opportunity for rental income, multi-generational living, or a guest house setup.
Situated in a coveted hilltop location with no HOA, the property is within walking distance to the historic Mission, boutique shopping, and fine dining.
With the front home ready for updates, buyers can customize the space to their preference while instantly increasing the property's overall market value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 5971. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 882.
The front residence requires updating and customization, necessitating an additional capital investment for renovations immediately after purchase.
Each residence is limited to a 2-bedroom, 1-bathroom configuration, which may be restrictive for buyers seeking more spacious living quarters.
INVESTORS OR MULTI-GENERATIONAL FAMILIES, TWO HOMES ON ONE LOT WITH SEPARATE ADDRESSES! FRONT HOUSE HAS OCEAN VIEW! Exceptional Opportunity in San Juan Capistrano’s Coveted Mission Hills District! NO HOA'S! One of San Juan Capistrano’s most desirable neighborhoods, this unique property features TWO SEPARATE HOMES on one expansive lot, presenting an exceptional opportunity for investors, multi-generational living, or those seeking additional income potential. Each residence offers 2 bedrooms and 1 bathroom, thoughtfully positioned to provide privacy and flexibility. The rear home is currently tenant-occupied and in good condition, with the tenant willing to vacate by the end of April. The front home presents an opportunity to update and customize, allowing the next owner to enhance its charm and value. Perched in a prime hilltop location, the property enjoys close proximity to the vibrant lifestyle that defines San Juan Capistrano. Stroll just moments to the historic Mission, local library, renowned dining, boutique shopping, and the charm of the town’s beloved downtown district. Properties offering two independent homes in such a premier location are rarely available, making this a truly special opportunity. A must-see property to fully appreciate its character, versatility, and exceptional setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 6% |
| Baths | 1.0 | 3.0 | 2% |
| Square foot | 1,000 | 2,559 | 2% |
| Lot Size | 6,098 | 8,647.5 | 36% |
| Price | $1.40M | $1.86M | 31% |
| Price per sq ft | $1.4K | $721 | 99% |
| Built year | 1961 | 1981 | 1% |
| HOA | $0 | $318 | 27% |
| Days on market | 37 | 166 | 5% |
Mar 16, 2026
$1,399,000
Initial Listing