228 Avenida Pelayo, San Clemente, CA 92672
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
228 Avenida Pelayo,San Clemente, CA 92672
$2,350,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ashley hyde
Office: compass
MLS#:OC26199859
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,350,000
About this home
Set in one of San Clementes most up-and-coming neighborhoods, this mid-century North Beach triplex sits half a block from the ocean and close to many of the areas 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 owners extensive renovations combined with the current owners 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 204s, the new Miramar Food Hall, a 2.5-...
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Home facts
- Listing ID #:OC26199859
- Added:9 day(s) ago
- Updated:September 21, 2026 at 02:40 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
Heating and cooling
- Heating:Combination Heating, Fireplace
Structure and exterior
- Roof:Rolled/Hot Mop
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$2,350,000
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