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

117 Avenida Algodon, San Clemente, California 92672 home-pic-0
ACTIVE UNDER CONTRACT$2,498,888
117 Avenida Algodon, San Clemente, California 92672
0Bed
0Bath
2,941Sqft
4,356Lot
Year Built
1965
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$850
HOA
-
Days on market
-
Sold On
-
MLS number
OC25265511
Home ConditionExcellent
Features
Good View: City Lights, Coastline, Ocean, Peek-A-Boo
Deck
ViewCity Lights,Coastline,Ocean,Peek-A-Boo

About this home

We found 5 Cons,5 Pros. Rank: price - $2.50M(86th), sqft - 2941(69th), beds - undefined(50th), baths - undefined(50th).

Stunning Select Ocean Views, Boutique Resort-Style Living & Turn-Key Opportunity Located at 117 Avenida Algodon, San Clemente. Wake up to ocean views in a fully renovated coastal property that offers tenants boutique luxury resort living. Over $500,000 in renovations with no expense spared in 2025! This multifamily asset has been transformed inside and out for long-term durability, elevated living, and exceptional investment performance. Every major system has been replaced and modernized, including all-new electrical, plumbing & an approximately 5-year-old roof with more than 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 often not found in San Clemente. 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 each unit has a new washer & dryer set for their own private use. Ocean views can be seen from the upstairs unit kitchens, dining rooms, bedrooms, and private balconies, bringing coastal serenity into everyday living. Outdoor amenities include private 1-car garage, assigned space for each unit, dedicated storage rooms, and a private backyard for the lower unit, enhancing demand and income potential. With virtually no deferred maintenance and all 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 that has been trending up over the past few years. Please request the detailed offering memorandum that includes, property videos, photos, floor plans, comparables and much more!

Price History

Date
Event
Price
11/24/25
Listing
$2,498,888
12/19/24
Sold
$1,579,000
Condition Rating
Excellent

Despite being built in 1965, the property has undergone extensive renovations totaling over $500,000 in 2025, as stated in the description. All major systems, including electrical, plumbing, and roofing, have been replaced or modernized. The images confirm fully updated, modern kitchens with premium stainless-steel appliances, sleek cabinetry, quartz countertops, and contemporary backsplashes. Bathrooms are spa-style with modern vanities, new tiling, and glass-enclosed showers. New flooring, light fixtures, and fresh paint are evident throughout. The property presents as virtually new with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Prime Coastal Location & Views: Situated in the highly desirable San Clemente, the property boasts stunning ocean, coastline, and city light views from multiple units, enhancing its appeal and value.
Extensive Recent Renovations: Over $500,000 in recent renovations (stated for 2025 completion) have modernized all major systems, including electrical, plumbing, and a new roof, ensuring long-term durability and low maintenance.
Turnkey & High-End Finishes: The property offers a true turnkey experience with high-end, resort-inspired finishes, custom modern kitchens, premium appliances, spa-style bathrooms, and in-unit laundry for each residence.
Strong Multifamily Income Potential: As a triplex, this residential income property provides significant income generation potential, supported by valuable amenities like private garages, assigned parking, storage, and a private backyard.
Modernized Infrastructure: All major systems have been replaced and modernized, including new electrical and plumbing, and an approximately 5-year-old roof with over 25 years of life remaining, minimizing future capital expenditures.

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.
Active Under Contract Status: The property is currently 'Active Under Contract,' which significantly limits the opportunity for new offers and reduces the pool of potential buyers.
Aggressive Price Appreciation: The current list price represents a substantial increase from its recent sale in December 2024, which may require strong justification and could impact market competitiveness.
Ambiguous Renovation/Listing Timeline: The description mentions renovations completed in '2025' and an 'on_market_date' in '2025,' creating ambiguity regarding the actual completion status of renovations and the current listing timeline.

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