
San Clemente, California 92672
This Coastal Triplex represents a stable investment, listed at $2,500,000—positioned below the $2,526,241 Fair Market Value by 1%. This valuation provides $26,241 in Instant Equity. Boasting a Condition Rating of 4, the property is move-in ready with recent cosmetic updates, while offering value-add potential in the kitchens and baths. Featuring Exceptional Coastal Views of Catalina and the coastline, this asset is steps from the San Clemente Pier. It is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand beach lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 245 Avenida Rosa Subject | $2,500,000* List Price | 0 | 0 | 3,436 | $735 | - |
A 219 Avenida Granada Sold | $2,200,000 | 0 | 0 | 3,130 | $703 | 0.1 mi |
B 251 Avenida Madrid Sold | $3,150,000 | 0 | 0 | 3,904 | $807 | 0.1 mi |
C 118 E Escalones Sold | $1,800,000 | 0 | 0 | 3,000 | $600 | 0.6 mi |
D 139 W Canada Sold | $1,965,000 | 0 | 0 | 2,166 | $907 | 0.5 mi |
E 221 Avenida Monterey Sold | $2,025,000 | 5 | 5 | 2,573 | $787 | 0.2 mi |
F 211 W Escalones Sold | $1,800,000 | 0 | 0 | 2,592 | $694 | 0.5 mi |
G 236 Avenida Victoria Active Under Contract | $2,099,000 List Price | 0 | 0 | 2,924 | $718 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with some recent cosmetic updates, including new luxury vinyl plank flooring and fresh interior paint. However, the kitchen and bathrooms remain dated, featuring older white cabinetry, laminate countertops, and basic white appliances. Built in 1976, the home shows its age through its architectural style and original-style fixtures, and while functional, it lacks the modern renovations required for a higher rating.
As a triplex in a high-demand coastal market, this property offers excellent investment flexibility for long-term rentals, vacation stays, or an owner-occupant looking to offset their mortgage.
The property features premium views of the Pacific Ocean, Catalina Island, and the coastline, which significantly increases its marketability and long-term value appreciation.
Situated in the heart of San Clemente, the property is ideally located near the beach, pier, and the popular Del Mar shopping and dining district, ensuring consistently high tenant demand.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5663, other record lot size in square feet = 5460.
Built in 1976, the property may require significant capital expenditures for updates to major systems like plumbing, electrical, or roofing to maintain its competitive edge.
At a $2.5 million price point, the cost per unit is substantial, which may result in a lower initial cap rate and require aggressive rent management to achieve desired yields.
Exceptional opportunity in San Clemente. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,436 | 2,742 | 66% |
| Lot Size | 5,663 | 4,356 | 66% |
| Price | $2.50M | $1.95M | 69% |
| Price per sq ft | $728 | $728 | 48% |
| Built year | 1976 | 1964 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 211 | 3% |
Mar 20, 2026
$2,500,000
Initial Listing