$6,250,000

Estimated payment $35,224/month

Total Views 222
16 Beds
16 Baths
7,927 Sq Ft
$788 Price per Sq Ft

Highlights

  • Ocean Front
  • Ocean Side of Highway 1
  • No HOA
  • Las Palmas Elementary School Rated A-
  • Living Room with Attached Deck
  • Living Room Balcony

About This Home

Exceptional opportunity to acquire an 8-unit multifamily property ideally located in San Clemente, CA. This well-designed asset features eight 2 bedroom, 2-bathroom units, offering an attractive unit mix that consistently appeals to long-term tenants and coastal renters alike. Each unit boasts a functional layout with generous living space, ample natural light, and private bedrooms with en-suite or conveniently located bathrooms. Situated in a prime San Clemente location, the property is just minutes from beaches, downtown San Clemente, shopping, dining, and major transportation routes, making it highly desirable for both tenants and investors. The Buena Vista Street setting offers a balance of coastal lifestyle and neighborhood charm.
This asset presents excellent upside potential through continued market appreciation, making it ideal for both seasoned investors and those seeking a long-term hold in a supply-constrained coastal submarket.

Listing Agent

Ryan Tarr

Pacific Sotheby's Int'l Realty Brokerage Phone: 714-612-1386 License #01960027 Listed on: 01/09/2026

Pacific Sotheby's Int'l Realty

Co-Listing Agent

Sean Stanfield

Pacific Sotheby's Int'l Realty Brokerage Phone: 714-612-1386 License #01024996

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1972

Lot Details

  • 13,504 Sq Ft Lot
  • Ocean Front
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,927 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Attached Deck
  • White Water Ocean Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 7 / 4
  • Tax Tract Number 821
  • Assessor Parcel Number 69212138
  • $55 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Water Meters
  • Insurance Expense $11,380
  • Operating Expense $28,659
  • Gross Income $247,637
  • Net Operating Income $247,637

Property Details

Home Type

Apartment

Year Built

Built in 1972

Lot Details

0.31 Acres

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 69212138
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Unfurnished, Living Room Balcony, Living Room Deck Attached, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 788.44
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

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

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Electricity Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Electric Range, Electric Oven, Dishwasher
  • Electric: Standard
  • Laundry Features: Individual Room, Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 247637.00
  • Gross Scheduled Income: 275260.00
  • Insurance Expense: 11380.00
  • Lease Term: Month To Month
  • Lot Size Area: 13504.0000 Square Feet
  • Net Operating Income: 247637.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 28659.00
  • Rent Control: No
  • Total Expenses: 28659.00
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway, Ocean Front

Tax Info

  • Tax Block: 4
  • Tax Lot: 7
  • Tax Tract Number: 821
  • TaxOtherAnnualAssessmentAmount: 55.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $17,574 $1,737,195 $1,385,173 $352,022
2024 $4,149 $404,744 $120,262 $284,482
2023 $4,061 $396,808 $117,904 $278,904
2022 $3,984 $389,028 $115,592 $273,436
2021 $3,905 $381,400 $113,325 $268,075
2020 $3,867 $377,490 $112,163 $265,327
2019 $3,792 $370,089 $109,964 $260,125
2018 $3,719 $362,833 $107,808 $255,025
2017 $3,644 $355,719 $105,694 $250,025
2016 $3,575 $348,745 $103,622 $245,123
2015 $3,519 $343,507 $102,065 $241,442
2014 $3,449 $336,779 $100,066 $236,713
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
01/09/2026 01/09/26 For Sale $6,250,000 -- $788 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP26004715

California Regional Multiple Listing Service (CRMLS)
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