241 Avenida Serra, San Clemente, CA 92672
Local realty services provided by:CENTURY 21 Masters
241 Avenida Serra,San Clemente, CA 92672
$3,125,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: charisse okamoto, carrie english
Office: caliber real estate group
MLS#:PW26221604
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,125,000
About this home
Exceptional fourplex investment opportunity in the heart of San Clemente! Located at 241 Avenida Serra, this fully occupied Spanish-style property features four spacious 2-bedroom, 2-bathroom units, each approximately 1,200 square feet. Each unit enjoys its own private balcony and TWO dedicated parking spaces, providing a total of EIGHT parking spacesan incredible advantage in this desirable coastal community where beachside parking is at a premium! Showcasing classic Spanish architecture with a red tile roof, charming archways, and attractive landscaping, the property offers timeless coastal appeal. The generously sized units feature bright living spaces, functional kitchens, ample storage, and newer flooring. Additional improvements include upgraded electrical panels, while convenient on-site coin-operated laundry provides an additional income opportunity. All four units are currently rented, generating $12,400 per month or $148,800 annually in gross scheduled rental income. With estimated market rents of approximately $3,650 per unit, there is potential to increase gross rental income to $175,200 annually, representing $26,400 in potential annual upside, subject to applicable rental regulations. Ideally located near San Clemente's beautiful beaches, iconic pier, Avenida Del Mar shopping and dining, and scenic coastal trails, this property offers the coastal lifestyle tenants desire. With spacious floor plans, private outdoor spaces, valuable dedicated parking, existing income, and future rental upside, 241 Avenida Serra is a compelling opportunity to own a multifamily in...
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Home facts
- Listing ID #:PW26221604
- Added:2 day(s) ago
- Updated:October 15, 2026 at 03:50 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Structure and exterior
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$3,125,000
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