NOT LISTED FOR SALE
6 Beds
5 Baths
2,941 Sq Ft
4,356 Sq Ft Lot Lot

Sale Details

Date Sold: January 2, 2026

Last sale price $2,500,000 $850 Per Sq Ft

15 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Primary Bedroom Suite
  • Clarence Lobo Elementary School Rated A-
  • Fishing
  • All Bedrooms Downstairs

About This Home

As of January 2026

Stunning Select Ocean Views, Boutique Resort-Style Living & Turn-Key Opportunity Located at 117 Avenida Algodon, San Clemente. Wake up to ocean views in a fully renovated coastal property that offers tenants boutique luxury resort living. Over $500,000 in renovations with no expense spared in 2025! This multifamily asset has been transformed inside and out for long-term durability, elevated living, and exceptional investment performance. Every major system has been replaced and modernized, including all-new electrical, plumbing & an approximately 5-year-old roof with more than 25 years of life remaining, ensuring decades of low-maintenance ownership. Exterior and interior upgrades were designed for both beauty and longevity, creating a true turnkey property often not found in San Clemente. Inside each residence, tenants enjoy a high-end, resort-inspired lifestyle, with custom modern kitchens, premium stainless-steel appliances, spa-style bathrooms, new flooring throughout, and each unit has a new washer & dryer set for their own private use. Ocean views can be seen from the upstairs unit kitchens, dining rooms, bedrooms, and private balconies, bringing coastal serenity into everyday living. Outdoor amenities include private 1-car garage, assigned space for each unit, dedicated storage rooms, and a private backyard for the lower unit, enhancing demand and income potential. With virtually no deferred maintenance and all major systems already replaced, 117 Avenida Algodon delivers a rare blend of ocean-view luxury and stable, hands-off investment performance in one of Southern California’s most desirable beach communities that has been trending up over the past few years. Please request the detailed offering memorandum that includes, property videos, photos, floor plans, comparables and much more!

Last Agent to Sell the Property

Jonathan Mitchell

Kidder Mathews of California, Inc Brokerage Phone: 949-557-5000 License #01227852 Listed on: 11/24/2025

Last Buyer's Agent

Tara Lehnertz

Arbor Real Estate License #02282154

Arbor Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,356 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Peek-A-Boo

Home Design

  • Triplex
  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Asphalt

Interior Spaces

  • 2,941 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Gas Fireplace
  • Custom Window Coverings
  • Blinds
  • Entryway
  • Living Room with Fireplace
  • Storage
  • Utility Room
  • Laminate Flooring

Kitchen

  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 5 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Security Lights
  • Closed Circuit Camera
  • Carbon Monoxide Detectors

Outdoor Features

  • Ocean Side of Freeway
  • Living Room Balcony
  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Tankless Water Heater
  • Water Purifier
  • Water Softener
  • Phone Connected
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 3 / 1
  • Tax Tract Number 785
  • Assessor Parcel Number 05809408
  • $32 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $604
  • Insurance Expense $2,750
  • Maintenance Expense $1,800
  • Water Sewer Expense $1,617
  • New Taxes Expense $27,989
  • Operating Expense $36,416
  • Gross Income $136,357
  • Net Operating Income $99,941

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

4,356 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 4.04
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security Lights
  • View: Yes
  • Water Sewer Expenses: 1617.00
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 05809408
  • Year Built: 1965
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Copper Plumbing Full, Living Room Balcony, Quartz Counters, Recessed Lighting, Storage, Wired for Data
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Bath, Kitchen, Living Room, Primary Bedroom, Outside, Patio, Electric, Gas
  • Levels: Two
  • Price Per Square Foot: 850.05
  • Room Type: All Bedrooms Down, All Bedrooms Up, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Utility Room
  • Window Features: Blinds, Custom Covering

Exterior Features

  • Foundation: Concrete Perimeter
  • Exterior Features: Rain Gutters
  • View: City Lights, Coastline, Ocean, Peek-A-Boo
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Asphalt

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas & Electric Range, Microwave, Range Hood, Recirculated Exhaust Fan, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier, Water Softener
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Community, Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Fishing, Foothills, Golf, Hiking, Gutters, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: None, Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 980 Square Feet
  • Electric Expense: 604.00
  • Gross Multiplier: 17.90
  • Gross Operating Income: 136357.00
  • Gross Scheduled Income: 139140.00
  • Insurance Expense: 2750.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4356.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 99941.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 36416.00
  • Operating Expense Percent: 27.00
  • Rent Control: No
  • Total Expenses: 36416.00
  • Vacancy Allowance Rate: 2.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 27989.00
  • Tax Block: 1
  • Tax Lot: 3
  • Tax Tract Number: 785
  • TaxOtherAnnualAssessmentAmount: 32.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2026 01/02/26 Sold $2,500,000 0.0% $850 / Sq Ft
11/24/2025 11/24/25 For Sale $2,498,888 +58.3% $850 / Sq Ft
12/19/2024 12/19/24 Sold $1,579,000 -7.1% $537 / Sq Ft View Prior Sale
11/27/2024 11/27/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $1,700,000 0.0% $578 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $1,700,000 -2.9% $578 / Sq Ft
07/09/2024 07/09/24 For Sale $1,750,000 0.0% $595 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
03/14/2024 03/14/24 Price Changed $1,750,000 -2.8% $595 / Sq Ft
01/16/2024 01/16/24 For Sale $1,800,000 -- $612 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,986 $1,579,000 $1,447,711 $131,289
2024 $3,986 $390,873 $248,213 $142,660
2023 $3,901 $383,209 $243,346 $139,863
2022 $3,827 $375,696 $238,575 $137,121
2021 $3,753 $368,330 $233,897 $134,433
2020 $3,716 $364,554 $231,499 $133,055
2019 $3,644 $357,406 $226,959 $130,447
2018 $3,574 $350,399 $222,509 $127,890
2017 $3,504 $343,529 $218,146 $125,383
2016 $3,437 $336,794 $213,869 $122,925
2015 $3,385 $331,736 $210,657 $121,079
2014 $3,319 $325,238 $206,530 $118,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25265511

California Regional Multiple Listing Service (CRMLS)

APN: 058-094-08

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