640 S El Camino Real, San Clemente, California 92672, San Clemente, 92672 - bed, bath
ACTIVE$3,950,000
640 S El Camino Real, San Clemente, California 92672
0Bed
0Bath
10,929Sqft
9,584Lot
Year Built
1927
Close
-
List price
$3.95M
Original List price
$3.95M
Price/Sqft
$361
HOA
-
Days on market
-
Sold On
-
MLS number
OC25141424
Home ConditionPoor
Features
Good View:
View-
About this home
We found 3 Cons,5 Pros.
640 S El Camino Real, San Clemente offers a prospective investor a unique residential over commercial mixed-use property with the upside and diversification of two product types. The property sits on the main retail and commercial thoroughfare, El Camino Real, in San Clemente and is less than three-quarters of a mile from one of the most popular beaches in South Orange County. The residential component on the top two floors offers amazing views up and down the coastline with direct access to the beach on Trafalgar Ln.
Price History
Date
Event
Price
06/24/25
Listing
$3,950,000
Condition Rating
Poor
The property was built in 1927, making it 97 years old. Crucially, there are no interior images provided for the residential component, especially of the kitchen or bathrooms. This complete lack of visual information for the interior, combined with the property's age, strongly suggests that the residential units are in a very outdated condition and would require substantial repairs and rehabilitation to meet modern living standards. Without evidence of recent renovations, the major systems and finishes are likely well beyond their expected lifespan and would be considered very uncomfortable or functionally deficient in their current state.
Pros & Cons
Pros
Mixed-Use Investment Opportunity: The property offers a unique residential over commercial mixed-use structure, providing diversification of income streams and appealing to investors seeking multiple revenue sources.
Prime Commercial Frontage: Strategically located on El Camino Real, the main retail and commercial thoroughfare in San Clemente, ensuring high visibility and foot traffic for commercial tenants.
Exceptional Coastal Proximity & Access: Situated less than three-quarters of a mile from a popular beach with direct access via Trafalgar Ln, significantly enhancing both residential appeal and potential commercial draw.
Panoramic Ocean & Coastline Views: The residential component on the top two floors boasts amazing views up and down the coastline, a premium amenity that commands higher rental rates or resale value.
Substantial Property Size: With 10,929 square feet of building space on a 9,584 square foot lot, the property offers significant capacity for various uses and potential for future development or expansion.
Cons
Historic Property Age: Built in 1927, the property is nearly a century old, which may necessitate significant capital expenditures for structural maintenance, system upgrades, and adherence to modern building codes.
High Initial Investment: The list price of $3.95 million represents a substantial capital outlay, potentially limiting the pool of prospective buyers to well-capitalized investors.
Potential for Extensive Renovation/Modernization: An older mixed-use property often requires considerable investment to update commercial spaces for contemporary businesses and residential units to meet current market expectations and amenities.