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317 Avenida Monterey, San Clemente, CA 92672

San Clemente
Local realty services provided by:CENTURY 21 Affiliated
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:107 day(s) ago
  • Updated:October 28, 2026 at 10:31 PM

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
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Nikki Coppa

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