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A rare coastal investment opportunity in a San Clemente ocean-side neighborhood. This three-parcel, multi-unit income property offers a unique opportunity to acquire a coastal asset spanning parcels 135, 137, and 139, with existing rental income and significant potential. Located on the ocean side of the I-5 freeway, this property is situated within an established residential neighborhood just minutes from world-class beaches, parks, downtown San Clemente, Metrolink access, and a variety of local dining and shopping options. The property currently features five units across approximately 18,000 square feet of land, providing immediate income and future flexibility. Four units are currently leased, while the fifth unit, an additional ADU opportunity can be completed and upgraded with proper permitting to create additional rental income. The property currently generates over $10,700 per month in gross rental income, with the potential to add approximately $1,500 per month in additional income from the ADU. The upper unit offers stunning ocean views, while the property also includes three ,1 car garages, shared laundry facilities, and abundant parking. This versatile multi-parcel, multi-unit property offers a variety of possibilities: live in the upper unit while renting the remaining units, create a family compound, add an additional structure in the expansive parking area (subject to city approval), or explore future development opportunities. There may also be potential to subdivide and build three separate single-family residences, subject to city approval. An exceptional opportunity to own a flexible coastal asset with current cash flow, strong rental demand, and significant future potential in one of San Clemente's most desirable locations.
Property Type(s):
Residential Income
| Last Updated | 7/28/2026 | Tract | / |
|---|---|---|---|
| Year Built | 1948 | Community | SN - San Clemente North |
| Garage Spaces | 3.0 | County | Orange |
Additional Details
| AIR | None |
|---|---|
| AREA | SN - San Clemente North |
| GARAGE | Yes |
| LOT | 0.4161 acre(s) |
| LOT DIMENSIONS | 18124 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | / |
| UTILITIES | Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills, Neighborhood |
| WATER | Public |
Location
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Listed with Matthew Clark
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.
This IDX solution is (c) Diverse Solutions 2026.
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