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129 Avenida Serra

San Clemente, CA 92672
  • $2,399,000
  • STATUS: Active Under Contract
  • ON SITE: 61 Days
  • ID#: OC26172562
Under Contract
UPDATED: 39 min ago
$2,399,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Bill Conrad of Conrad Realtors Inc (949-492-9400) and Kiara Jones of Conrad Realtors Inc(949-492-9400)


Description

Rare investment opportunity in the heart of San Clemente, offering an incredible walkable location just moments from the beach, San Clemente Pier, the San Clemente Beach Trail, and the shops and restaurants of Avenida Del Mar! This beautifully remodeled triplex combines a highly desirable coastal setting with three updated residences, individual garage parking and private outdoor spaces. The lower residence features 3 bedrooms, 1.5 bathrooms, a one-car garage, and an expansive private backyard patio. Generous in size and rarely found in a multifamily property this close to the coast, the patio creates an incredible extension of the living space with plenty of room for outdoor dining, entertaining, and relaxing. The two upper residences each offer 2 bedrooms, 1 bathroom, a one-car garage, private balcony, and an ocean view. All three units have been thoughtfully remodeled with a fresh, coastal aesthetic. Light, bright, and inviting interiors feature updated kitchens with newer cabinetry, updated flooring, baseboards, and windows, along with refreshed bathrooms featuring updated tubs, sinks, and toilets. Updated garage doors further enhance the property, while shared laundry provides additional convenience. With three beautifully updated residences in turnkey condition, this property presents a compelling opportunity for investors seeking a well-positioned coastal income property with lasting tenant appeal. The combination of exceptional walkability, proximity to the beach and downtown, private outdoor spaces, and extensive improvements makes 129 Serra a standout offering in the San Clemente multifamily market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-07T23:30:26.843. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/179927014
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129 Avenida Serra San Clemente, CA 92672

  • Price: $2,399,000
  • Status: Active Under Contract
  • On Site: 61 Days
  • Updated: 39 min ago
  • ID#: OC26172562
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1963
Built
Neighborhood:
Other
County:
Orange
Area:
SC - San Clemente Central
Property Description
Rare investment opportunity in the heart of San Clemente, offering an incredible walkable location just moments from the beach, San Clemente Pier, the San Clemente Beach Trail, and the shops and restaurants of Avenida Del Mar! This beautifully remodeled triplex combines a highly desirable coastal setting with three updated residences, individual garage parking and private outdoor spaces. The lower residence features 3 bedrooms, 1.5 bathrooms, a one-car garage, and an expansive private backyard patio. Generous in size and rarely found in a multifamily property this close to the coast, the patio creates an incredible extension of the living space with plenty of room for outdoor dining, entertaining, and relaxing. The two upper residences each offer 2 bedrooms, 1 bathroom, a one-car garage, private balcony, and an ocean view. All three units have been thoughtfully remodeled with a fresh, coastal aesthetic. Light, bright, and inviting interiors feature updated kitchens with newer cabinetry, updated flooring, baseboards, and windows, along with refreshed bathrooms featuring updated tubs, sinks, and toilets. Updated garage doors further enhance the property, while shared laundry provides additional convenience. With three beautifully updated residences in turnkey condition, this property presents a compelling opportunity for investors seeking a well-positioned coastal income property with lasting tenant appeal. The combination of exceptional walkability, proximity to the beach and downtown, private outdoor spaces, and extensive improvements makes 129 Serra a standout offering in the San Clemente multifamily market.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Near Park Number Of Separate Electric Meters 3 Parking Features ConcreteDoor-MultiDrivewayGarage Faces FrontGarage Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Waterfront Features Ocean Side Of FreewayOcean Side Of Highway

Interior Features

Common Walls 2+ Common Walls Interior Features Balcony

Property Features

Additional Parcels YN No Cap Rate 4.18 Common Interest None Community Features BikingCurbsSidewalksPark Garage YN Yes Gross Income 133800 Gross Scheduled Income 133800 Insurance Expense 4000 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 100350 New Construction YN No New Taxes Expense 24000 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 33450 Other Expense 2500 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 900 Water Sewer Expense 1800 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-07T23:30:26.843. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Bill Conrad of Conrad Realtors Inc (949-492-9400) and Kiara Jones of Conrad Realtors Inc(949-492-9400)