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129 Avenida Rosa, San Clemente, California 92672, San Clemente, 92672 - bed, bath

129 Avenida Rosa, San Clemente, California 92672 home-pic-0
ACTIVE$1,675,000
129 Avenida Rosa, San Clemente, California 92672
0Bed
0Bath
1,780Sqft
3,920Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Coastal Location: The property boasts a prime location moments from San Clemente's world-famous beaches and vibrant downtown Del Mar, offering a high walk score and highly desirable coastal living.
Top Cons:
Property Age & Potential System Updates: Built in 1968, the property, despite some cosmetic updates, may have original major systems (e.g., plumbing, electrical, roof) that could require significant capital expenditures in the future.

Compared to the nearby listings

Price:$1.68M vs avg $1.68M (+$0)50%
Size:1,780 sqft vs avg 2,220 sqft38%
Price/sqft:$941 vs avg $72866%

More Insights

Built in 1968 (57 years old).
Condition: Built in 1968, this duplex has undergone extensive and thoughtful interior renovations, particularly in Unit A, as evidenced by the modern white shaker cabinetry, stainless steel appliances, Corian countertops, subway tile backsplash, and high-performance vinyl plank flooring. New windows throughout also contribute to its updated feel. The kitchen and visible living areas appear move-in ready with a contemporary aesthetic. While the visible updates are of excellent quality, the property's age and lack of explicit details on the age of all major systems (e.g., HVAC, roof, full electrical) prevent it from reaching an 'Excellent' score, which typically implies virtually new components throughout. However, it clearly surpasses 'Fair' due to the significant and stylish updates.
Year Built
1968
Close
-
List price
$1.68M
Original List price
$1.75M
Price/Sqft
$941
HOA
-
Days on market
-
Sold On
-
MLS number
OC25094389
Home ConditionGood
Features
Patio
View-

About this home

Welcome to this charming 1960s Bungalow-Style Duplex in the heart of San Clemente. Located just moments from San Clemente’s world-famous beaches and the vibrant downtown area of Del Mar, this duplex presents an incredible opportunity for investors or owner-occupants seeking a high walk score and coastal living at its finest. Perfectly blending timeless charm with modern convenience, the property features two 2-bedroom, 1-bath units, each spanning 890 square feet and offering a light-filled, inviting atmosphere. Unit A has been thoughtfully updated with Corian countertops in the kitchen and bath, stainless steel appliances, high-performance vinyl floors, and custom cabinetry. Both units feature open and spacious living areas, new windows throughout, and abundant natural light. Unit A’s full bathroom showcases elegant custom tilework and updated Corian countertops. Adding to the property’s appeal, each unit includes a private side yard patio—perfect for outdoor dining, relaxation, or entertaining along with private storage and laundry rooms. Four dedicated carport spaces (two per unit) provide ample parking. From an investment standpoint, projected market rents of $3,400 and $3,500 per unit provide an estimated gross annual rental income of $82,800. With projected annual operating expenses of approximately $15,854, the property is expected to generate a net operating income of $66,946. Based on the current list price of $1,675,000, this equates to a pro forma cap rate of roughly 4.0%—a strong balance of location, lifestyle, and investment potential in one of Southern California’s most desirable coastal communities.

Condition Rating
Good
Built in 1968, this duplex has undergone extensive and thoughtful interior renovations, particularly in Unit A, as evidenced by the modern white shaker cabinetry, stainless steel appliances, Corian countertops, subway tile backsplash, and high-performance vinyl plank flooring. New windows throughout also contribute to its updated feel. The kitchen and visible living areas appear move-in ready with a contemporary aesthetic. While the visible updates are of excellent quality, the property's age and lack of explicit details on the age of all major systems (e.g., HVAC, roof, full electrical) prevent it from reaching an 'Excellent' score, which typically implies virtually new components throughout. However, it clearly surpasses 'Fair' due to the significant and stylish updates.
Pros & Cons

Pros

Exceptional Coastal Location: The property boasts a prime location moments from San Clemente's world-famous beaches and vibrant downtown Del Mar, offering a high walk score and highly desirable coastal living.
Strong Income Potential: As a duplex, it presents a robust investment opportunity with projected market rents of $3,400 and $3,500 per unit, yielding an attractive pro forma cap rate of 4.0%.
Modernized Interiors: Unit A has been thoughtfully updated with Corian countertops, stainless steel appliances, high-performance vinyl floors, and new windows, enhancing tenant appeal and reducing immediate renovation needs.
Private Amenities Per Unit: Each unit benefits from a private side yard patio, private storage, and dedicated laundry rooms, which are highly desirable features for renters.
Ample Dedicated Parking: The property includes four dedicated carport spaces (two per unit), providing convenient and valuable off-street parking in a coastal area.

Cons

Property Age & Potential System Updates: Built in 1968, the property, despite some cosmetic updates, may have original major systems (e.g., plumbing, electrical, roof) that could require significant capital expenditures in the future.
Compact Unit Sizes: Each 2-bedroom, 1-bath unit is 890 square feet, which is relatively compact and might limit the appeal to certain tenant demographics or future expansion possibilities.
Potential Inconsistent Unit Upgrades: While Unit A is explicitly detailed as updated, the description is less specific about Unit B's interior finishes, suggesting potential for differing quality or the need for further investment to match Unit A's standards.

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