228 Avenida Pelayo, San Clemente, CA 92672
228 Avenida Pelayo, San Clemente, CA 92672
228 Avenida Pelayo, San Clemente, CA 92672
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Ashley Hyde • Compass
$2,350,000
Est. payment /mo
1,928 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,928 sqft

Price per Sqft $1,218

MLS Listing ID OC-26199859

Style Mid Century Modern

Year Built 1956

Lot Size 4,356 Sqft

Property Sub-Type Triplex

Source California Regional Multiple Listing Service (CRMLS)

Property 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.

Location

State CA

County Orange

Area Sn - San Clemente North

Interior

Interior Features Beamed Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting

Heating Wall Furnace, Central, Combination, Fireplace(s)

Flooring Laminate

Fireplaces Type Gas, Living Room

Inclusions All present appliances

Laundry See Remarks, Dryer Included, Inside, Stackable, Washer Included

Exterior

Exterior Feature Rain Gutters

Parking Features Off Street, Driveway

Garage Spaces 2.0

Pool None

Community Features Storm Drains, Street Lights

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N Yes

Building

Lot Description 2-5 Units/Acre

Sewer Other, Public Sewer


Read Less Info

Nearby Locations

GET MORE INFORMATION

John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner License ID: 01200900

Broker/Owner License ID: 01200900

Name

Name

Phone*

Phone

Message

Go tour this home

228 Avenida Pelayo