NOT LISTED FOR SALE
9 Beds
8 Baths
4,000 Sq Ft
10,000 Sq Ft Lot

Sale Details

Date Sold: December 1, 2025

Last sale price $2,845,000 $711 Per Sq Ft

13 Days on Market

Highlights

  • Ocean View
  • Fishing
  • Ocean Side of Highway 1
  • Las Palmas Elementary School Rated A-
  • No Units Above
  • Property is near park and public transit

About This Home

As of December 2025

Opportunity knocks in Coastal San Clemente, known as the "Spanish Village by the Sea." A rare opportunity to own a large custom fourplex built to *condo specs*. However, it doesn't stop there; you have approximately *3,000sqft* of unused land behind the fourplex, extending to the street above (Del Reposo). So many possibilities with endless potential. Great for a custom private *ADU* with the potential to have harbor and north coast views.
The fourplex is comprised of (1) large 3 bd/2 unit with a fireplace and a private enclosed patio, and the other (3) units are large 2 bed/2 bath units. Each unit has its own private in-unit laundry and an attached 2-car garage. Additionally, there is an unused communal laundry room with a private entrance, which could offer another opportunity for rental income if converted into a *Jr ADU*.
Location is key! 137 Ave Florencie is at the center of it all, a short distance from downtown San Clement with its vibrant social scene and excellent restaurants. Or just a few blocks from Ole Hanson Beach Club, North Beach, and the San Clemente Metrolink train station.- income is projection of market rent .

Last Agent to Sell the Property

Eralyn Brand

Luxre Realty, Inc. Brokerage Email: eralynbret4@yahoo.com License #01909572 Listed on: 09/30/2025

Luxre Realty, Inc.

Last Buyer's Agent

Annie Clougherty

Serhant California, Inc License #01716801

Serhant California, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 10,000 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Landscaped
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • Bay
  • Harbor
  • City Lights
  • Peek-A-Boo
  • Mountain
  • Neighborhood

Home Design

  • Spanish Architecture
  • Quadruplex
  • Entry on the 2nd floor
  • Tile Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting

Location

  • Property is near park and public transit

Utilities

  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 9 / 4
  • Tax Tract Number 820
  • Assessor Parcel Number 69236114

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Built by Cornwell
  • Custom

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $1,000
  • Water Sewer Expense $2,000
  • Operating Expense $6,000
  • Gross Income $172,500
  • Net Operating Income $128,816

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

10,000 Sq Ft Lot

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 4.50
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2000.00
  • Architectural Style: Spanish
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 69236114
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 711.25
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Bay, City Lights, Coastline, Harbor, Mountain(s), Neighborhood, Ocean, Peek-A-Boo, Water
  • Builder Name: Cornwell
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Hiking, Park, Watersports, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Gentle Sloping, Landscaped, Lawn, Lot 10000-19999 Sqft, Near Public Transit, Park Nearby, Paved
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2296

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 172500.00
  • Gross Operating Income: 167316.00
  • Gross Scheduled Income: 172500.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 10000.0000 Square Feet
  • Net Operating Income: 128816.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Operating Expense: 38500.00
  • Operating Expense Percent: 22.00
  • Rent Control: No
  • Total Expenses: 6000.00
  • Vacancy Allowance Rate: 3.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 4
  • Tax Lot: 9
  • Tax Tract Number: 820
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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
12/01/2025 12/01/25 Sold $2,845,000 -1.7% $711 / Sq Ft
10/13/2025 10/13/25 Pending -- -- --
09/30/2025 09/30/25 For Sale $2,895,000 -- $724 / 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 $7,816 $784,488 $314,674 $469,814
2024 $7,816 $769,106 $308,504 $460,602
2023 $7,650 $754,026 $302,455 $451,571
2022 $7,505 $739,242 $296,525 $442,717
2021 $7,360 $724,748 $290,711 $434,037
2020 $7,283 $717,317 $287,730 $429,587
2019 $7,140 $703,252 $282,088 $421,164
2018 $7,003 $689,463 $276,557 $412,906
2017 $6,866 $675,945 $271,135 $404,810
2016 $6,735 $662,692 $265,819 $396,873
2015 $6,633 $652,738 $261,826 $390,912
2014 $6,506 $639,952 $256,697 $383,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25222697

California Regional Multiple Listing Service (CRMLS)

APN: 692-361-14

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