117 Avenida Algodon, San Clemente, California 92672, San Clemente, 92672 - bed, bath

117 Avenida Algodon, San Clemente, California 92672 home-pic-0
ACTIVE$2,499,000
117 Avenida Algodon, San Clemente, California 92672
0Bed
0Bath
2,942Sqft
4,356Lot
Year Built
1965
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$849
HOA
-
Days on market
-
Sold On
-
MLS number
OC25262611
Home ConditionExcellent
Features
Excellent View: Ocean
ViewOcean

About this home

We found 5 Cons,5 Pros. Rank: price - $2.50M(86th), sqft - 2942(69th), beds - undefined(50th), baths - undefined(50th).

Experience Ocean Views, Boutique Resort-Style Living & High-Performance Investing at 117 Avenida Algodon, San Clemente. Wake up to ocean views in a fully reimagined coastal property that lives like a boutique luxury resort. With over $496,000 in renovations, this multifamily asset has been transformed inside and out for long-term durability, elevated living, and exceptional investment performance. Every major system has been modernized, including all-new electrical, brand-new plumbing, and a newer 5-year-old roof with approximately 25 years of life remaining—ensuring decades of low-maintenance ownership. Exterior and interior upgrades were designed for both beauty and longevity, creating a true turnkey property. Inside each residence, tenants enjoy a high-end, resort-inspired lifestyle, with custom modern kitchens, premium stainless steel appliances, spa-style bathrooms, new flooring throughout, and in-unit new washer & dryer sets. Ocean views can be seen from kitchens, dining rooms, bedrooms, and private balconies, bringing coastal serenity into everyday living. Outdoor amenities include private 1-car garages for each unit, dedicated storage rooms, and a private backyard for the lower unit, enhancing demand and income potential. The property’s extensive upgrades, premium finishes, and coastal location attract high-quality, long-term tenants—supporting strong rental rates and minimal vacancy. With virtually no deferred maintenance and major systems already replaced, 117 Avenida Algodon delivers a rare blend of ocean-view luxury and stable, hands-off investment performance in one of Southern California’s most desirable beach communities. Please refer to the supplements for a full list of upgrades and improvements, and the marketing package.

Price History

Date
Event
Price
11/19/25
Listing
$2,499,000
12/19/24
Sold
$1,579,000
Condition Rating
Excellent

Despite being built in 1965, this property has undergone an extensive and recent renovation, with over $496,000 invested to fully reimagine it. The description explicitly states 'all-new electrical, brand-new plumbing, and a newer 5-year-old roof,' indicating major systems are virtually new. The images confirm custom modern kitchens with premium stainless steel appliances, spa-style bathrooms with high-end finishes and fixtures, and new flooring throughout. The property presents as a 'true turnkey' asset with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Panoramic Ocean Views: The property offers direct and prominent ocean views from multiple rooms and private balconies, significantly enhancing its desirability and market value.
Extensive & Recent Renovations: Over $496,000 has been invested in a full reimagining, transforming it into a 'true turnkey property' with virtually no deferred maintenance, ensuring immediate occupancy and appeal.
Modernized Core Systems: Key infrastructure, including all-new electrical, brand-new plumbing, and a newer 5-year-old roof (with 25 years remaining), has been modernized for long-term durability and reduced ownership costs.
High-End Finishes & Amenities: Each residence features custom modern kitchens, premium stainless steel appliances, spa-style bathrooms, new flooring, and in-unit washer/dryers, offering a luxury, resort-inspired living experience.
Strong Investment Potential: As a multifamily asset, it's designed for 'exceptional investment performance,' attracting high-quality tenants with features like private garages, storage, and a private backyard, supporting strong rental rates and minimal vacancy.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 4262.
Recently Sold Property: The property was recently sold within the past year on 2024-12-19. The sold price is $1,579,000.00.
Original Construction Year: Built in 1965, the underlying structure is older, which, despite extensive renovations, might be a consideration for some buyers regarding long-term structural integrity or historical design elements.
Absence of Cooling System Mention: The property description does not explicitly mention the presence of a cooling system (e.g., air conditioning), which could be a significant drawback for comfort during warmer months in Southern California.
Limited Unit-Specific Details: While identified as a triplex, the description lacks specific breakdown of individual unit configurations (e.g., number of bedrooms/bathrooms per unit), which is crucial for a detailed investment analysis and tenant targeting.

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