228 Avenida Pelayo, San Clemente, CA 92672

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.

Renovated Mid Century Triplex located 1/2 block to the ocean! Steps to 204's, a popular San Clemente surf spot and beach. Perfect for owner living in the 2 bedroom mid-century home and rent out the other 2 units. This is a highly upgraded 3-unit treasure. All units have had kitchen and bath remodels, the roof was replaced 6 years ago. The back unit is a 2 bedroom home with new vinyl luxury flooring, a newer modern kitchen with large quartz counters and updated appliances, beautiful cabinetry, and lighting. There is also a fireplace and a great private courtyard. The 1 bedroom apartment is also extremely renovated and upgraded and has a huge deck facing the street, which has been recently re-waterproofed. The third unit is a studio apartment, also renovated with designer touches. The current owners have lovingly renovated this ocean close property for their own use. Even new concrete in areas. Close to coastal pedestrian trail and Max Berg Park. Walk or ride your bike to everything San Clemente has to offer - Del Mar Avenue, Pier Bowl, Restaurants, Coffee, Retail, SC Outlets, Farmers Markets, and more. Commuters and train riders - the North Beach train station is nearby. Don't miss out on this property with great opportunities.