Estimated payment $35,568/month
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
Pacific Sotheby's Int'l Realty Brokerage Phone: 714-612-1386 License #01960027 Listed on: 01/09/2026
Co-Listing Agent
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 Full 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $17,574 | $1,771,938 | $1,412,876 | $359,062 |
| 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 |
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 |
|---|---|---|---|---|
| 08/24/2026 08/24/26 | Price Changed | $5,995,000 | -4.1% | $756 / Sq Ft |
| 01/09/2026 01/09/26 | For Sale | $6,250,000 | -- | $788 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP26004715
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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