$4,499,900
251 Avenida Del Mar, San Clemente CA 92672
Multi-Family (3 Units)
Property type
294 days
On market
$2,731
Price per sqft
0 cars
Garage
1927
Year built
4,500 sqft
Lot size
Home highlights
Open Houses
Overview
*Make Your Offer !*Qualifies For Major Tax Benefits !*Major Potential in the Heart of San Clemente !*Commercial & Residential Opportunity !*Next Door to Upcoming Hotel Project !*Short Term Rentals Allowed !*Welcome to 251 Avenida Del Mar – your opportunity to own a slice of coastal paradise right in the heart of San Clemente. Just steps from boutique shopping, gourmet...
Listing provided by: Britt Fulton DRE #02005946 949-973-4492, Luxre Realty, Inc.
Listing updated: Apr 23, 2026 at 07:57pm.
Last checked: Jun 4, 2026 at 07:01pm
Source: CRMLS #OC25184528
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $4,000 | $4,000 | $6,500 | Unfurnished |
| 1 | 1 | 1 | — | $2,250 | $2,250 | $2,350 | Unfurnished |
| 1 | 1 | 1 | — | $2,250 | $2,250 | $2,600 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Refrigerator: 3
Rent Control: No
Units Leased: 2
Total Actual Rent: $102,000
Financial Snapshot
Gross Rent Multiplier
43.6x
List Price / Annual Gross Rent
Cap Rate
2.21%
NOI / List Price
Gross Scheduled Income: $103,200
Operating Expense: $3,960
Net Operating Income: $99,240
Annual Operating Expenses
Electric: $1,200
Fuel: $960
Insurance: $1,100
Trash: $960
Water / Sewer: $1,200
Interior
Interior Features: Beamed Ceilings, Built In Features, Recessed Lighting, Main Level Primary
Room Type: Entry Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Flooring: Laminate
Appliances: Freezer, Refrigerator, Tankless Water Heater
Fireplace: Living Room
Laundry: Inside, Laundry Room
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Zero To One Unit Acre, Front Yard, Lawn, Sprinkler System
Pool: None
Water Source: Public
Sewer: Public Sewer
View: Neighborhood, Peek Aboo
Waterfront Features: Ocean Side Of Freeway
Garage and Parking
Parking: Driveway, Oversized
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 05811207
Additional Parcels: No
Tax Lot: 24
Tax Block: 17
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Storm Drains, Street Lights, Suburban, Sidewalks, Water Sports
Nearby Schools
Nearby schools around the 251 Avenida Del Mar, San Clemente, CA 92672. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,599,920
Total Interest
$4,591,500
Total Payment
$8,191,420
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$27,591
per month
Property History for 251 Avenida Del Mar
San Clemente Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92672.
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