$1,695,000
SOLD MAY 7, 2025
5 Beds
3 Baths
2,400 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$706 Per Sq Ft

16 Days on Market

Highlights

  • Fishing
  • Ocean Side of Highway 1
  • Open Floorplan
  • Clarence Lobo Elementary School Rated A-
  • Peek-A-Boo Views
  • Cape Cod Architecture

About This Home

As of May 2025

Prime Investment Opportunity in the Heart of San ClementeWelcome to 228 Avenida Santa Barbara, a well-located duplex just blocks from the beach, San Clemente Pier, and the vibrant Avenida Del Mar shopping and dining district. This rare downtown property offers two separate units, each with their own garage and tandem driveway parking—ideal for both investors and future owner-occupants.Unit A (Upper Level):This spacious 3-bedroom, 2-bath unit features an open-concept living area with a fireplace and a designated primary suite. The generous front deck offers peekaboo ocean views, perfect for coastal lounging. While most of the finishes are original, the unit is equipped with a newer HVAC system and laundry inside the unit. Includes one single-car garage and two tandem driveway spaces.Unit B (Lower Level):A charming 2-bedroom, 1-bath unit with updated kitchen, bath, and flooring (completed in the early 2000s). Enjoy direct access to a private backyard—ideal for outdoor relaxation or entertaining. This unit also includes its own garage and tandem parking.With approximately 2,400 square feet of total living space and both units currently rented, this property offers immediate income potential in one of San Clemente’s most sought-after coastal neighborhoods. The unbeatable location—just minutes to sand, surf, and the lively downtown scene—makes this a standout opportunity for investors looking to own a piece of the coast.

Last Agent to Sell the Property

Doug Echelberger

Inhabit Collective Brokerage Phone: 949-463-0400 License #01176379 Listed on: 03/27/2025

Inhabit Collective

Last Buyer's Agent

Christian Wach

Talavera Real Estate License #01922260

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 3,920 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway Level

Property Views

  • Peek-A-Boo
  • Neighborhood

Home Design

  • Duplex
  • Cape Cod Architecture
  • Planned Development
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Features Masonry
  • Gas Fireplace
  • Blinds
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Living Room with Fireplace

Kitchen

  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, trash collection
  • Tax Lot 24
  • Tax Tract Number 779
  • Assessor Parcel Number 05810227

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Fishing
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $52
  • Gardener Expense $1,400
  • Insurance Expense $4,911
  • Other Expense $47
  • Water Sewer Expense $1,673
  • New Taxes Expense $17,009
  • Operating Expense $25,045
  • Gross Income $84,300
  • Net Operating Income $59,255

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 3.50
  • Price Per Unit: 847500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: /
  • View: Yes
  • Water Sewer Expenses: 1673.00
  • Architectural Style: Cape Cod
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1400.00
  • Parcel Number: 05810227
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Tile Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Door Features: French Doors, Panel Doors, Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Masonry
  • Levels: Two
  • Price Per Square Foot: 706.25
  • Room Type: Entry, Kitchen, Living Room, Walk-In Closet
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • View: Neighborhood, Peek-A-Boo
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Two Door, On Site, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Gas Dryer Hookup, In Closet, In Garage, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Fishing, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System, Sprinklers In Front, Walkstreet, Yard
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Trash Collection

Multi Family

  • Electric Expense: 52.00
  • Gross Income: 84300.00
  • Gross Multiplier: 20.10
  • Gross Operating Income: 84300.00
  • Gross Scheduled Income: 84300.00
  • Insurance Expense: 4911.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 59255.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 25045.00
  • Other Expense: 47.00
  • Other Expense Description: Fire Ext
  • Rent Control: No
  • Total Actual Rent: 7025.00
  • Total Expenses: 25045.00
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 17009.00
  • Tax Lot: 24
  • Tax Tract Number: 779

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Range of Values:

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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 Change Sq Ft Price
05/07/2025 05/07/25 Sold $1,695,000 0.0% $706 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $1,695,000 -- $706 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25065447

California Regional Multiple Listing Service (CRMLS)

APN: 058-102-27