139 Avenida Sierra, San Clemente, CA 92672
139 Avenida Sierra, San Clemente, CA 92672
139 Avenida Sierra, San Clemente, CA 92672
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$4,950,000
Est. payment /mo
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7 Beds
4 Baths
0.42 Acres Lot
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139 Avenida Sierra San Clemente, CA 92672

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Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26154605

Bedrooms 7

Lot Size 0.416 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

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

Location

State CA

County Orange

Zoning Assessor

Direction Cross Streets: Estrella & La Placentia

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 05703108

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by Matthew Clark, DRE#01703795 Matthew Clark 

NEARBY SCHOOL & BUSINESS

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Jesse Ibanez

Jesse Ibanez

Agent | License ID: 01405643

+1(858) 337-2796

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139 Avenida Sierra

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