Price Reduced Listing228 Avenida Pelayo,San Clemente, CA 92672
San Clemente, CA 92672
Description
Set in one of San Clemente's most up-and-coming neighborhoods, this mid-century North Beach triplex sits half a block from the ocean and close to many of the area's exciting attractions. Each unit has a distinctly mid-century beach feel with beamed ceilings, appealing geometric lines, laminate wood-look flooring throughout, white cabinetry, and quartz countertops. All units are turnkey with the previous owner's extensive renovations combined with the current owner's improvements of all-new electrical panels (2024), new water heater in the 1-bedroom unit (2024), and a reverse osmosis water filtration system in the 2-bedroom unit (2023). Set furthest back from the street, Unit C offers 2 bedrooms and 1 bath, a generously sized open floor plan, fireplace, and completely enclosed private wraparound yard complete with garden boxes. In the center of the building, Unit B offers 1 bedroom and 1 bath, an airy and open living area, and a massive private deck looking out to the neighborhood. At the front of the building, Unit A is a ground-level Studio with small fridge & freezer, induction cooktop, microwave, double-basin sink, and a private bathroom with walk-in shower. Each residence conveniently has a dedicated driveway parking spot, and Unit C currently has exclusive use of the 2-car garage. Both in-unit laundry and dedicated parking are difficult to come by for multifamily investments in this area. This turnkey investment opportunity is currently producing $117,600 in gross annual income and located in close proximity to the beloved surf break 204's, the new Miramar Food Hall, a 2.5-mile beach trail, neighborhood coffee shops, and bars. Also an easy bike, golf cart, or walk to Downtown's Avenida Del Mar, and the train stops close by for commuters. A unique multifamily investment with location and architectural flair, truly a rare opportunity in San Clemente.
Details
| MLS # | OC26199859 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 47 |
| Listing Provided By | Compass | Ashley Hyde |
Features
| SQ Feet | 1,928 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.10 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | Combination, Central, Fireplaces, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Beamed Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Attic, Bedroom On Main Level, Main Level Primary |
| Window Features | Double Pane Windows |
| Appliances | Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Water Purifier, Dryer, Washer |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Bitumen, Rolled Hot Mop |
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Frame, Stucco |
| Foundation Details | Slab |
| Lot Features | Two To Five Units Acre |
| Fencing | Wood, Wrought Iron |
Parking
| Parking Features | Driveway, Off Street |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Storm Drains, Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | San Clemente |
| Zip Code | 92672 |
| Area | SN San Clemente North |
| Community Name | North Beach |
| Listing VS Median (in North Beach) | |
Price: $2,300,000 low | high Med: $2,300,000 sqft: 1,928 low | high Med: 1,928 $ / sqft: $1,193 low | high Med: $1,193 On site: 47 low | high Med: 46.5 | |
Market Activity 92672
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | San Clemente |
| Zip Code | 92672 |
| Area | SN San Clemente North |
| Community Name | North Beach |
| Listing VS Median (in North Beach) | |
Price: $2,300,000 low | high Med: $2,300,000 sqft: 1,928 low | high Med: 1,928 $ / sqft: $1,193 low | high Med: $1,193 On site: 47 low | high Med: 46.5 | |
 | $2,300,000228 Avenida PelayoSan Clemente, CA 92672 |
