$4,000,000
SOLD SEP 8, 2025
8 Beds
6 Baths
4,646 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$861 Per Sq Ft

59 Days on Market

Highlights

  • White Water Ocean Views
  • 3-minute walk to San Clemente Pier
  • Ductless Heating Or Cooling System
  • Clarence Lobo Elementary School Rated A-
  • Ocean Side of Highway 1
  • 1-minute walk to Parque del Mar

About This Home

As of September 2025

Steps to the sand, surf, and the iconic San Clemente Pier, this rare six-unit property is perfectly positioned in the heart of San Clemente's sought-after Pier Bowl neighborhood. Boasting whitewater ocean views and just a short stroll to the beach, restaurants, shops, and the San Clemente Beach trail, this property is a dream for investors and renters! Property has been recently updated inside and outside, very well maintained with solid rental income. Situated on a street-to-street lot and consisting of two 2 bed/1 bath units and four 1 bed/1 bath units, making it ideal for short-term or long-term rental opportunities. All units feature large ocean-view balconies, perfect for soaking in the coastal lifestyle. With its incredible location in a highly desirable coastal area, flexible layout, and unbeatable access to the best of San Clemente, this property is a true trophy asset!

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc Brokerage Phone: 949-697-0721 License #01279209 Listed on: 06/02/2025

Co-Listed By

Bill Conrad

Conrad Realtors Inc Brokerage Phone: 949-697-0721 License #01461548

Last Buyer's Agent

Jeremy Conrad

Conrad Realtors Inc Brokerage Phone: 949-697-0721 License #01279209 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 6 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,646 Sq Ft Home
  • 1-Story Property
  • White Water Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System

Listing and Financial Details

  • Legal Lot and Block 11 / 11
  • Tax Tract Number 785
  • Assessor Parcel Number 69202209
  • $50 per year additional tax assessments

Community Details

Recreation

  • Bike Trail

Building Details

  • 6 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $7,500
  • Insurance Expense $5,500
  • Other Expense $9,500
  • Water Sewer Expense $4,000
  • New Taxes Expense $39,995
  • Operating Expense $66,020
  • Gross Income $235,788
  • Net Operating Income $169,768

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.25
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 4000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 69202209
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 860.96

Exterior Features

  • View: Ocean, Water, White Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 7500.00
  • Gross Income: 235788.00
  • Gross Scheduled Income: 235788.00
  • Insurance Expense: 5500.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 169768.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Range: 6
  • Operating Expense: 66020.00
  • Operating Expense Percent: 28.00
  • Other Expense: 9500.00
  • Other Expense Description: MISC
  • Rent Control: No
  • Total Actual Rent: 19649.00
  • Total Expenses: 66020.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 39995.00
  • Tax Block: 11
  • Tax Census Tract: 421.08
  • Tax Lot: 11
  • Tax Tract Number: 785
  • TaxOtherAnnualAssessmentAmount: 50.00

Range of Values:

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Value Increase
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Adjusted for Inflation
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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
09/08/2025 09/08/25 Sold $4,000,000 0.0% $861 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
07/22/2025 07/22/25 For Sale $3,999,000 0.0% $861 / Sq Ft
07/17/2025 07/17/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $3,999,000 -- $861 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $25,414 $2,557,804 $2,344,543 $213,261
2024 $25,414 $2,507,651 $2,298,571 $209,080
2023 $24,876 $2,458,482 $2,253,501 $204,981
2022 $24,402 $2,410,277 $2,209,315 $200,962
2021 $23,931 $2,363,017 $2,165,995 $197,022
2020 $23,693 $2,338,788 $2,143,786 $195,002
2019 $23,227 $2,292,930 $2,101,751 $191,179
2018 $22,781 $2,247,971 $2,060,540 $187,431
2017 $22,335 $2,203,894 $2,020,138 $183,756
2016 $21,907 $2,160,681 $1,980,528 $180,153
2015 $21,577 $2,128,226 $1,950,779 $177,447
2014 $20,287 $2,000,000 $1,828,108 $171,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25117075

California Regional Multiple Listing Service (CRMLS)

APN: 692-022-09