About this home

Exceptional Coastal Triplex Investment Opportunity - Just 2 Blocks from the Beach! Rarely does a well-maintained income property become available in one of San Clemente's most desirable beachside neighborhoods. Ideally located just two blocks from the beach and scenic coastal trails and approximately six blocks from the charming downtown district, tenants enjoy easy access to world-class beaches, restaurants, shopping, cafes, and entertainment, all contributing to strong and consistent rental demand. The property features three separately rented units, each with its own private one-car garage, abundant natural light, and desirable outdoor living spaces including private balconies, a spacious deck, or a fenced yard, depending on the unit. The residences feature updated vinyl plank flooring, fresh interior paint, functional kitchens with stainless steel appliances in select units, and an attractive mix of one-, two-, and three-bedroom floor plans that appeal to a broad tenant base. A shared on-site coin-operated laundry provides additional convenience for residents. Owner currently pays water, sewer, trash, and hot water, while tenants enjoy a low-maintenance coastal lifestyle in one of Orange County's most sought-after rental markets. Current rental income offers immediate cash flow, with potential upside through future rental increases. Whether you're completing a 1031 exchange, expanding your investment portfolio, or acquiring your first coastal multifamily asset, this property presents an outstanding opportunity in a prime location with historically strong tenant demand.

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Public-record history for this property.

MLS #PW26160960

🔥 Risk & insurability

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

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