317 Avenida Monterey, San Clemente, CA 92672
Local realty services provided by:ERA North Orange County Real Estate
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 peak ocean views. 317 Avenida Monterey is situated in the “Pier Bowl Area” which is an active, pedestrian oriented coastal center serving residents and tourists. The property has a walk Score of 84/100 (Very Walkable). Tenants enjoy the central location offering several restaurants, bars, markets as well as several public transportation lines. A short 8 Minute Walk in either direction to the San Clemente Pier as well as the shops, bars & restaurants along Avenida Del Mar which is considered the main Retail Corridor in San Clemente....
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Home facts
- Listing ID #:260017077
- Added:75 day(s) ago
- Updated:September 27, 2026 at 02:02 PM
Rooms and interior
- Bedrooms:42
- Total bathrooms:62
- Full bathrooms:62
- 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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