Listing Agent: Ashley Hyde Broker/Office: Compass
228 Avenida Pelayo San Clemente CA 92672
Listing ID
#OC26200345
Status
Active
Property Type
Triplex
Property Style
Mid-Century Modern
County
Orange
Neighborhood
North Beach
Year Built
1956
Days on website
3
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.
Appliances:
Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
Community Features:
Sidewalks
Construction Materials:
Frame, Stucco
Direction Faces:
Southwest
Electric:
Standard
Fencing:
Wood
Fireplace Features:
Gas
Flooring:
Laminate
Foundation Details:
Slab
Heating:
Central
High School District:
Capistrano Unified
Interior Features:
Attic
Laundry Features:
Stacked
Levels:
Two
Parking Features:
Driveway
Patio And Porch Features:
Concrete, Deck, Patio
Property Condition:
Turnkey
Road Surface Type:
Paved
Roof:
Bitumen
Senior Community YN:
false
Structure Type:
Triplex
View:
Neighborhood
Water Source:
Public
High School District:
Capistrano Unified
Senior Community YN:
false
MLS Area Major:
SN - San Clemente North
City:
San Clemente
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Listed By:
Ashley Hyde
Compass
CA Lic#
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