120 E Mariposa San Clemente, CA 92672
Central San Clemente NeighborhoodEstimated payment $9,187/month
Highlights
- Ocean View
- No Units Above
- Great Room
- Clarence Lobo Elementary School Rated A-
- Open Floorplan
- Quartz Countertops
About This Home
Stunning, fully remodeled 2-unit coastal property offering breathtaking ocean views in one of San Clemente's most sought-after neighborhoods. This turnkey investment has been rebuilt from top to bottom with high-end finishes and thoughtful upgrades throughout nothing has been overlooked. Both units feature new vinyl plank flooring, fresh interior paint, and all-new doors and windows dressed with custom shutters that add a clean, coastal elegance to every room. Beautifully renovated bathrooms showcase new tubs, custom tilework, updated vanities, modern fixtures, and ceiling ventilation fans for added comfort. The kitchens are truly the highlight quartz countertops, custom tile backsplashes, new cabinetry, stainless steel appliances, and included refrigerators deliver a high-end feel that tenants and buyers love. Each unit enjoys its own private, sectioned exterior yard space with newly added side gates providing security and privacy, along with its own dedicated single-car garage featuring epoxy-coated flooring, a new garage door, and opener. A shared laundry room with stacked washer and dryer units is conveniently accessible to both tenants, keeping daily life simple and hassle-free. Newly replaced water heaters in both units ensure efficiency and peace of mind for years to come. Refreshed hardscape ties the entire exterior together seamlessly. The location is exceptional. Walking distance to Old Town San Clemente's acclaimed dining scene, boutique shops, and vibrant weekend farmers market. Just a short drive to the San Clemente Pier, world-class surf breaks, and miles of pristine coastline. San Clemente consistently ranks among Southern California's most desirable coastal communities and for good reason. Whether you're an investor seeking strong rental income, a buyer looking to live in one unit while the other pays your mortgage, or someone exploring the short-term rental market, this property delivers on every level. Dual income, ocean views, a prime walkable location, custom finishes, and a complete top-to-bottom remodel opportunities like this are exceptionally rare. Do not miss it.
Listing Agent
Circle Real Estate Brokerage Email: ray@mira-realestate.com License #01931740 Listed on: 03/19/2026
Co-Listing Agent
Luxre Realty, Inc. Brokerage Email: ray@mira-realestate.com License #02083260
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953 | Remodeled
Lot Details
- 3,920 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Wood Fence
- New Fence
- Level Lot
- Private Yard
Parking
- 2 Car Garage
- 3 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Combination Of Materials Used In The Driveway
Property Views
- Ocean
- Catalina
Home Design
- Duplex
- Bungalow
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Concrete Perimeter Foundation
- Copper Plumbing
Interior Spaces
- 1,500 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Window Screens
- Entryway
- Great Room
- Vinyl Flooring
Kitchen
- Built-In Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Doors swing in
- No Interior Steps
- More Than Two Accessible Exits
- Entry Slope Less Than 1 Foot
- Accessible Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Ductless Heating Or Cooling System
- High Efficiency Air Conditioning
- High Efficiency Heating System
- Air Source Heat Pump
- 220 Volts
- Natural Gas Connected
- Gas Water Heater
- Sewer Paid
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 15 / 3
- Tax Tract Number 793
- Assessor Parcel Number 05714115
- $28 per year additional tax assessments
Community Details
Recreation
- Park
- Bike Trail
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,200
- Trash Expense $720
- Water Sewer Expense $2,400
- Operating Expense $5,320
- Gross Income $75,600
- Net Operating Income $70,280
Additional Features
- 2 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,951 | $1,402,500 | $1,337,770 | $64,730 |
| 2024 | $10,951 | $1,080,000 | $1,021,628 | $58,372 |
| 2023 | $2,386 | $233,544 | $170,838 | $62,706 |
| 2022 | $2,340 | $228,965 | $167,488 | $61,477 |
| 2021 | $2,295 | $224,476 | $164,204 | $60,272 |
| 2020 | $2,273 | $222,175 | $162,521 | $59,654 |
| 2019 | $2,228 | $217,819 | $159,334 | $58,485 |
| 2018 | $2,186 | $213,549 | $156,210 | $57,339 |
| 2017 | $2,143 | $209,362 | $153,147 | $56,215 |
| 2016 | $2,102 | $205,257 | $150,144 | $55,113 |
| 2015 | $2,070 | $202,174 | $147,888 | $54,286 |
| 2014 | $2,030 | $198,214 | $144,991 | $53,223 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $1,549,999 | +12.7% | $1,033 / Sq Ft | |
| 05/30/2024 05/30/24 | Sold | $1,375,000 | -1.8% | $917 / Sq Ft | View Prior Sale |
| 05/13/2024 05/13/24 | Pending | -- | -- | -- | |
| 05/08/2024 05/08/24 | For Sale | $1,399,999 | +1.8% | $933 / Sq Ft | |
| 05/08/2024 05/08/24 | Off Market | $1,375,000 | -- | -- | |
| 05/07/2024 05/07/24 | Price Changed | $1,399,999 | -6.7% | $933 / Sq Ft | |
| 04/08/2024 04/08/24 | Price Changed | $1,500,000 | -6.3% | $1,000 / Sq Ft | |
| 03/11/2024 03/11/24 | Price Changed | $1,600,000 | -4.8% | $1,067 / Sq Ft | |
| 03/04/2024 03/04/24 | For Sale | $1,679,900 | +55.5% | $1,120 / Sq Ft | |
| 12/01/2023 12/01/23 | Sold | $1,080,000 | -8.1% | $625 / Sq Ft | View Prior Sale |
| 11/08/2023 11/08/23 | Price Changed | $1,175,000 | -14.9% | $680 / Sq Ft | |
| 11/05/2023 11/05/23 | For Sale | $1,379,999 | +27.8% | $799 / Sq Ft | |
| 11/02/2023 11/02/23 | Off Market | $1,080,000 | -- | -- | |
| 11/01/2023 11/01/23 | For Sale | $1,379,999 | +27.8% | $799 / Sq Ft | |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- | |
| 11/01/2023 11/01/23 | Off Market | $1,080,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26042238
APN: 057-141-15
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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