129 Avenida Serra
San Clemente, CA, 92672 $ 2,399,000
Baths1.1 Sq 2,912 Monthly Estimate*
$ 15,148
Listed by Conrad Realtors Inc
Studio for $2,399,000 with 1 full bath, 1 half bath. This 2,912 square foot home was built in 1963 on a lot size of 0.09.
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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FeaturesGeneralSewer Public Sewer
Garage Spaces 3
Pool Features None
Year Built 1963
Property Subtype Triplex
Gross Income 133800
Waterfront Features Ocean Side Of Freeway Ocean Side Of Highway
Community Features Biking Curbs Sidewalks Park
County Orange
Net Operating Income 100350
Operating Expense 33450
Insurance Expense 4000
New Construction false
Property Type Residential Income
Subdivision Name other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions West off N El Camino Real
City San Clemente
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area SC - San Clemente Central
Lot Size Units Square Feet
Lot Size Square Feet 3920
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 900
Water Sewer Expense 1800
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Other
Tax Lot 13
Property Sub Type Additional Triplex
Taxes 24000
Cap Rate 4.18
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InteriorInterior Amenities Balcony
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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ExteriorParking Features Concrete Door-Multi Driveway Garage Faces Front Garage
Lot Features Near Park
Water Source Public
Total Parking 3
Lot Size Area 3920
Number of Buildings 1
Building Area Total 2912
Lot Size Acres 0.09
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded FeaturesList ByConrad Realtors IncBroker
BillC@ConradRealEstate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,148
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Clemente, CA
Average List Price $3,295,648
Percent of Sale Price 37%
About San Clemente, CA 64,930 Population
30% Since 2002
$ 102,241 Median Income
41.63 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/7/2026 | $2,399,000 | | Listed Price |