
San Clemente, California 92672
This property presents a High-Potential Investment Opportunity with a List Price of $1,499,000—positioned well below the $1,538,021 Fair Market Value by 2%. This valuation gap offers $39,021 in Instant Equity for buyers ready to execute a full renovation. With a Condition Rating of 5, the vacant triplex serves as a blank canvas for modernization. Its prime coastal location near downtown San Clemente ensures strong long-term rental demand, making this an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a significant value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 114 Avenida Del Poniente Subject 0 bd · 0 ba · 2,314 sqft · $665 | $1,499,000* List Price | 0 | 0 | 2,314 | $665 | - |
A 152 W Canada Sold 0 bd · 0 ba · 2,420 sqft · $744 · 0.1 mi | $1,800,000 | 0 | 0 | 2,420 | $744 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 (71 years old) and marketed as a 'complete renovation' opportunity and 'blank canvas.' The listing explicitly states it is an investor opportunity to be sold in its current condition, and images show significant wear on exterior stairs, indicating that the kitchen, baths, and all major systems likely require a full rehab.
All three units are delivered vacant, providing a rare opportunity for immediate renovation and market-rate leasing without the legal or financial hurdles of tenant relocation.
Situated in the heart of San Clemente near beaches, downtown dining, and shopping, the property occupies a high-demand area that supports strong long-term appreciation.
As a triplex requiring a complete overhaul, this property serves as a blank canvas for investors to maximize equity and rental yields through a comprehensive modernization.
The property is sold in 'as-is' condition and requires a total renovation, which will necessitate substantial upfront capital investment and construction oversight.
Built in 1953, the building likely requires costly updates to major systems, including plumbing and electrical, to meet modern building codes and tenant expectations.
SAN CLEMENTE INVESTOR OPPORTUNITY! Rare chance to transform a vacant triplex in the heart of San Clemente. All three units are ready for a complete renovation, offering a blank canvas for an investor, flipper, or owner-user with vision. Prime location near beaches, downtown, dining, shopping and more. Bring your contractor and unlock the potential of this coastal investment!With all units delievered vacant, there is no need to work around existing tenants during the renovation process. Property is being sold in its current condition. Buyer to verify all information, permits, square footage, zoning, rent and potential uses with the appropriate agencies
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,314 | 1,877.692 |
| Lot Size | 4,000.09 | 3,999.385 |
| Price | $1.50M | $1.79M |
| Price per sq ft | $648 | $822 |
| Built year | 1953 | 1963 |
| HOA | $0 | $475 |
| Days on market | 32 | 75 |
Sep 23, 2026
$1,499,000
Initial Listing