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$2,350,000
New Listing

228 Avenida Pelayo
San Clemente, CA 92672

For Sale|Triplex|Active
0
Beds
0
Total Baths
1,928
SqFt
$1,219
/SqFt
1956
Built
Subdivision:
North Beach
County:
Orange
Listed by Ashley Hyde of Compass [email protected]

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714-883-2943
228 Avenida Pelayo228 Avenida Pelayo228 Avenida Pelayo228 Avenida Pelayo
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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.

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Listing Snapshot
Price 
$2,350,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,928 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1956
MLS® Number 
OC26199859
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
17 hours agoListing first seen on site
17 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1
Direction Faces 
Southeast
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
DrivewayOff Street
Parking Spaces 
5
Property Condition 
Updated/Remodeled
Property Sub Type 
Triplex
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1928
Style 
MidCenturyModern
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherExhaust FanGas OvenGas RangeMicrowaveRefrigeratorWater HeaterWater PurifierDryerWasherWasher/Dryer Stacked
Fireplace 
Yes
Fireplace Features 
GasLiving Room
Flooring 
Laminate
Heating 
CentralFireplace(s)Wall Furnace
Interior 
Beamed CeilingsOpen FloorplanRecessed LightingMaster Downstairs
Laundry Features 
InsideSee Remarks
Window Features 
Double Pane Windows
Attic 
Bedroom 
Kitchen 
Living Room 
Master Bedroom 
Other 
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Exterior Features
Construction Details 
FrameStucco
Exterior 
Rain Gutters
Fencing 
WoodWrought Iron
Pool Features 
None
Road Frontage 
City Street
Roof 
Rolled/Hot Mop
Spa Features 
None
View 
Neighborhood
Waterfront Features 
Beach AccessOcean Access
Waterview 
Neighborhood
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
Street Lights
MLS Area 
SN - San Clemente North
Financing Terms Available 
CashConventionalSubmit1031 Exchange
Building Access 
1
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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