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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 spaces"”an 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 investment in one of Orange County's most sought-after beach communities!
Property Type(s):
Residential Income
| Last Updated | 10/13/2026 | Tract | Other |
|---|---|---|---|
| Year Built | 1973 | Community | SC - San Clemente Central |
| County | Orange |
Additional Details
| AIR | None |
|---|---|
| AREA | SC - San Clemente Central |
| CONSTRUCTION | Stucco |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s), Tile Counters |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Paved |
| LOT DIMENSIONS | 5227 |
| PARKING | Covered, Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Other |
| WATER | Public |
Location
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Listed with Caliber Real Estate Group
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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