$1,875,000
SOLD APR 2, 2026
2 Beds
2 Baths
1,443 Sq Ft
4,000 Sq Ft Lot Lot

Sale Details

Date Sold: April 2, 2026

$1,299 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Quartz Countertops
  • 3 Car Direct Access Garage
  • Double Pane Windows
  • Clarence Lobo Elementary School Rated A-
  • Galley Kitchen
  • Ductless Heating Or Cooling System

About This Home

As of April 2026

This fully remodeled triplex is one of the most impressive income-producing properties to hit the San Clemente market. All three units have been completely transformed with luxury white oak vinyl wood flooring, new white shaker kitchen cabinets, quartz countertops, a designer blue backsplash, brushed brass hardware, and brand new stainless appliances including a built-in range, microwave hood, and refrigerator. Fully remodeled bathrooms feature timeless tile design, matte black mirrors, and updated lighting fixtures. All 3 units are 1 bedroom, 1 bathroom. The back unit has a fenced patio off the entry door with more privacy. Two units include new mini split AC systems. Each unit has its own private garage plus one dedicated driveway spot — a rare and highly valued amenity this close to the coast. All three tenants are on two year leases through October 2027 providing immediate and stable cash flow from day one with zero vacancy concerns. San Clemente is not just a place to live — it is a lifestyle. Tenants ride bikes to the beach, walk to dinner at local favorites like Nick's San Clemente, The Cellar, and Rare Society, and spend their evenings steps from the iconic San Clemente Pier. This property sits blocks from the beach in one of the most sought after and consistently appreciating real estate markets in Southern California. Boutique shops, world class dining, and that irreplaceable beach town energy are all right outside the front door. Coastal income properties of this caliber and condition rarely come to market — do not miss your opportunity to own a piece of San Clemente.

Last Agent to Sell the Property

Cassie French

The Agency Brokerage Phone: 650-245-8911 License #02154751 Listed on: 03/10/2026

The Agency

Last Buyer's Agent

Michelle Host

CENTURY 21 Affiliated License #01507917

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 4,000 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 1,443 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room
  • Storage
  • Vinyl Flooring

Kitchen

  • Galley Kitchen
  • Built-In Range
  • Microwave
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Tenant pays for gas, cable TV
  • Legal Lot and Block 9 / 3
  • Tax Tract Number 793
  • Assessor Parcel Number 05714109
  • $32 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,000
  • Trash Expense $60
  • Water Sewer Expense $60
  • Operating Expense $17,000
  • Gross Income $88,800
  • Net Operating Income $71,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1955 | Remodeled

Lot Details

4,000 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 3.88
  • Property Attached: Yes
  • Water Sewer Expenses: 60.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 05714109
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Quartz Counters, Ceiling Fan(s), Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1299.38
  • Room Type: Laundry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Main Floor Bedroom, Family Room, Galley Kitchen, Primary Bathroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Paved, Direct Garage Access, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Disposal, Microwave, Built-In Range, Gas Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Ductless
  • Laundry Features: In Kitchen, Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, 0-1 Unit/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Rental Info

  • Tenant Pays: Gas, Cable TV

Multi Family

  • Average1 Bed Area: 481 Square Feet
  • Average2 Bed Area: 481 Square Feet
  • Average3 Bed Area: 481 Square Feet
  • Gross Income: 88800.00
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 4000.0000 Square Feet
  • Net Operating Income: 71800.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 17000.00
  • Rent Control: No
  • Total Actual Rent: 7400.00
  • Total Expenses: 17000.00
  • Vacancy Allowance Rate: 100.00

Tax Info

  • Tax Block: 3
  • Tax Lot: 9
  • Tax Tract Number: 793
  • TaxOtherAnnualAssessmentAmount: 32.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2026 04/02/26 Sold $1,875,000 +1.4% $1,299 / Sq Ft
03/10/2026 03/10/26 For Sale $1,849,000 -- $1,281 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,525 $553,978 $479,977 $74,001
2024 $5,525 $543,116 $470,566 $72,550
2023 $5,409 $532,467 $461,339 $71,128
2022 $5,306 $522,027 $452,293 $69,734
2021 $5,203 $511,792 $443,425 $68,367
2020 $5,152 $506,545 $438,879 $67,666
2019 $5,051 $496,613 $430,273 $66,340
2018 $4,954 $486,876 $421,836 $65,040
2017 $4,857 $477,330 $413,565 $63,765
2016 $4,764 $467,971 $405,456 $62,515
2015 $4,692 $460,942 $399,366 $61,576
2014 $4,602 $451,913 $391,543 $60,370
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26051764

California Regional Multiple Listing Service (CRMLS)

APN: 057-141-09

Your Personal Tour Guide

Ask me questions while you tour the home.