
San Clemente, California 92672
This Strong Value Opportunity is a turnkey Residential Income Triplex listed at $2,375,000—positioned well below the $2,515,736 Fair Market Value by 5%. This valuation gap provides $140,736 in Instant Equity. Featuring a Turnkey Condition Rating with modern kitchen and bath renovations, the property offers high-demand amenities including private laundry and garages. Its prime coastal location west of the I-5 ensures long-term rental stability. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 817 Calle Puente Subject | $2,375,000* List Price | 0 | 0 | 2,242 | $1,122 | - |
A 139 W Canada Sold | $1,965,000 | 0 | 0 | 2,166 | $907 | 0.1 mi |
B 140 Avenida Miramar Sold | $2,050,000 | 0 | 0 | 1,516 | $1,352 | 0.4 mi |
C 221 Avenida De La Grulla Sold | $2,350,000 | 0 | 0 | 2,742 | $857 | 0.3 mi |
D 105 E Marquita Sold | $1,875,000 | 0 | 0 | 1,443 | $1,299 | 0.4 mi |
E 226 W Mariposa Active | $2,049,000 List Price | 0 | 0 | 2,280 | $899 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, this triplex has undergone a comprehensive modern remodel, placing it in turnkey condition. The renovation includes updated kitchens with stainless steel appliances and butcher block countertops, remodeled bathrooms with contemporary fixtures, newer flooring, and recessed lighting throughout, meeting the criteria for a high-quality renovation under 5 years old.
The property features extensive high-end updates including remodeled kitchens with butcher block counters, stainless steel appliances, and designer bathrooms, minimizing immediate capital expenditures for investors.
Situated west of the I-5 and minutes from the San Clemente Pier and Avenida Del Mar, this prime location ensures high tenant demand and long-term appreciation in a highly desirable beach community.
Rare features such as private in-unit laundry for every residence, enclosed garage parking, and private yards for the rear units significantly enhance rental value and tenant retention.
Despite its coastal proximity, the property is noted as having no views, which may limit its competitive edge and rental premium compared to neighboring properties with ocean or city light vistas.
With a lot size of 4,792 square feet for three units, the density may feel constrained, potentially limiting outdoor utility and future expansion or redevelopment options.
Exceptional turnkey investment opportunity west of Interstate 5, ideally located just minutes from San Clemente's beaches, parks, shopping, dining, and entertainment. This beautifully remodeled triplex offers three updated units with strong rental appeal in one of South Orange County's most desirable coastal communities. Each residence has been thoughtfully renovated with stylish, modern finishes, including remodeled kitchens featuring stainless steel appliances, butcher block countertops, designer tile backsplashes, updated cabinetry, and newer flooring with upgraded baseboards. Bathrooms have been tastefully remodeled with contemporary tile, new vanities, sinks, and fixtures. Additional improvements include recessed lighting, ceiling fans, and numerous interior upgrades throughout. A standout amenity is that each unit includes its own private washer and dryer—a rare convenience that enhances tenant experience and rental value. Enclosed garages provide secure parking and additional storage. The property consists of a charming detached front unit with 1 bedroom and 1 bathroom, while the rear building offers two spacious 2-bedroom, 1-bathroom units, each with its own private yard, providing desirable outdoor living space. Ideally located near Las Palmas Elementary School, neighborhood parks, world-class beaches, the San Clemente Pier, Avenida Del Mar, and an abundance of restaurants and shops, this coastal triplex presents an outstanding opportunity for investors seeking a high-demand rental property or owner-occupants looking to offset their mortgage with income-producing units.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,242 | 1,788.8 |
| Lot Size | 4,792 | 4,023.2 |
| Price | $2.38M | $1.71M |
| Price per sq ft | $1.1K | $823 |
| Built year | 1972 | 1965 |
| HOA | $0 | $475 |
| Days on market | 65 | 68 |
Jul 6, 2026
$2,375,000
Initial Listing
Feb 14, 2022
$1,975,000
Public Record
Sep 18, 2020
$1,267,000
Public Record