USACASan ClementeNorth Beach228 Avenida Pelayo

$2,350,000

For Sale

A month ago

228 Avenida Pelayo, San Clemente, CA

Name: 228 Avenida Pelayo, For Sale in San Clemente - eXp Realty
Brand: Compass
SKU: OC26200345
Price: 2350000 USD

House

MLS® OC26200345

4 Bed

3 Bath

1928 sqft

5 Parking

Key Facts
Description
Rooms
Map

Key Facts

Type Triplex

Levels Residential

Size 1928 sqft

Garage Yes

Taxes

Days Active 26

Lot Size 0.1 Acres

Approx. Age 1956

Avg. Price Per Sqft $1,218

MLS® Number OC26200345

Property Address: 228 Avenida Pelayo, San Clemente, CA, 92672

Average square foot calculated using Size range provided by listing agent.

Description

Set in one of San Clemente’s most up-and-coming neighborhoods, this mid-century North Beach triplex sits half a block from the ocean and close to many of the area’s exciting attractions. Each unit has a distinctly mid-century beach feel with beamed ceilings, appealing geometric lines, laminate wood-look flooring throughout, white cabinetry, and quartz countertops. All units are turnkey with the previous owner’s extensive renovations combined with the current owner’s improvements of all-new electrical panels (2024), new water heater in the 1-bedroom unit (2024), and a reverse osmosis water filtration system in the 2-bedroom unit (2023). Set furthest back from the street, Unit C offers 2 bedrooms and 1 bath, a generously sized open floor plan, fireplace, and completely enclosed private wraparound yard complete with garden boxes. In the center of the building, Unit B offers 1 bedroom and 1 bath, an airy and open living area, and a massive private deck looking out to the neighborhood. At the front of the building, Unit A is a ground-level Studio with small fridge & freezer, induction cooktop, microwave, double-basin sink, and a private bathroom with walk-in shower. Each residence conveniently has a dedicated driveway parking spot, and Unit C currently has exclusive use of the 2-car garage. Both in-unit laundry and dedicated parking are difficult to come by for multifamily investments in this area. This turnkey investment opportunity is currently producing $117, 600 in gross annual income and located in close proximity to the beloved surf break 204’s, the new Miramar Food Hall, a 2.5-mile beach trail, neighborhood coffee shops, and bars. Also an easy bike, golf cart, or walk to Downtown’s Avenida Del Mar, and the train stops close by for commuters. A unique multifamily investment with location and architectural flair, truly a rare opportunity in San Clemente.

MLS® NumberOC26200345

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1956

Basement

DrivewayDriveway, Off Street

Garage Spaces

HeatCentral, Wall Furnace

A/CNone

Extras

All present appliances, RO system in Unit C

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 12, 2026List Date

$2,350,000List Price

Home Appraisal

This property is estimated to sell between: $1,830,000 and $2,610,000.

Similar properties in this area sold on average for: $1,830,400

Expected to sell very soon! Similar properties sold in 11 days. This home has been on eXp Realty for 26 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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