317 Avenida Monterey, San Clemente, CA 92672

San Clemente
Local realty services provided by:ERA North Orange County Real Estate
317 Avenida Monterey,San Clemente, CA 92672
$4,050,000
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  • 12 Beds
  • 11 Baths
  • 6,148 sq. ft.
  • Multi-family
  • Pending
Listed by: thomas mccartin
Office: marcus & millichap
MLS#:260017077
Source:San Diego MLS via CRMLS

Price summary

  • Price:$4,050,000
  • Price per sq. ft.:$658.75

About this home

Major Price Improvement. Available is an amazing opportunity to own a garden style apartment complex located in the beautiful coastal city of San Clemente, California. 317 Avenida Monterey is situated less than 1/2 mile to the Pacific ocean and the San Clemente Pier. Long term ownership has done a wonderful job maintaining the property inside and out during their long tenure which includes recent updates to 6 of the 7 units. A new buyer should be able to capture significant upside with further upgrades and improving the curb appeal. Nearby renovated units are achieving market rents that are roughly 40% higher than the subject property. 2 units currently occupied by the sellers will be available and delivered vacant at the close of escrow. In addition, a new owner might consider transforming some of the units into short-term rentals where average nightly rates for 2BR units are around $450. Tenants enjoy 2 parking spaces per unit, a laundry room, a large courtyard, and a balcony with...

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Home facts

  • Listing ID #:260017077
  • Added:121 day(s) ago
  • Updated:November 12, 2026 at 09:16 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:11
  • Full bathrooms:11
  • Living area:6,148 sq. ft.

Structure and exterior

  • Building area:6,148 sq. ft.

Finances and disclosures

  • Price:$4,050,000
  • Price per sq. ft.:$658.75

Parking

  • Total parking spaces:14
  • Carport spaces:7
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