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228 Avenida Pelayo

San Clemente, CA 92672
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Bed 4

Bed

Bath 3

Bath

SqFt1,928

Sqft

SqFt4,356

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,350,000

AD Id : 91208988

MLS Id : OC26200345

Beds : 4

Lot Size : 4,356 Sqft

Living Area Size : 1,928

Year Built : 1956

Garage : 2

County : Orange

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3

    Roofing Information

    Bitumen, RolledHotMop

    Flooring Information

    Laminate
  • Interior Features

    BeamedCeilings, BreakfastBar, CeilingFans, Attic, BedroomOnMainLevel, MainLevelPrimary
    Roof: Bitumen, RolledHotMop
    Appliances: Dishwasher, ElectricCooktop, ExhaustFan, Freezer, GasOven, GasRange, Microwave, Refrigerator, WaterHeater, WaterPurifier, Dryer, Washer
    Laundry Features: SeeRemarks, Stacked
    Window Features: DoublePaneWindows, Skylights
  • Heating & Cooling

    Has Heating: Yes Heating: Central, WallFurnace Cooling: None

  • Building Information

    Year Built: 1956
    Construction Materials: Frame, Stucco
    Stories: 2
    Patio And Porch Features: Concrete, Deck, Patio, WrapAround
    Pool Features: None
    Private Pool: No
    Water front Features: BeachAccess,OceanAccess,OceanSideOfFreeway,OceanSideOfHighway
    View: Neighborhood
  • Exterior Features

    Exterior Features: RainGutters

  • Lot Information

    Main Square Feet: 4356 Lot Size Acres: 0.1 Lot Size Source: Assessor Lot Size Square Feet: 4,356 Lot Description: TwoToFiveUnitsAcre

    Property Information

    Subdivision: North Beach Source Property Type: Residential Property SubType: Triplex Direction Faces: Southwest Levels: Two Property Age: 70

  • Listing Price Information

    Listing Price: $2350000
    Cash, Conventional, Exchange1031, Submit

  • Tax Information

    Parcel Number: 69211228 Tax Lot: 14 Tax Block: 5

  • Parking Information

    Parking Total: 5 Driveway, OffStreet

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: Heading southwest on Avenida Pelayo, property is located on the right / northwest side of street. WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
808 Carnaros, San Clemente, CA, 92672 $1,800,000 5 4 2,982 5,225 Sqft
57 Via Zaragoza, San Clemente, CA, 92672 $1,799,000 4 3 2,479 5,500 Sqft
45 Finca, San Clemente, CA, 92672 $1,339,900 4 3 1,914 3,116 Sqft
53 Finca, San Clemente, CA, 92672 $1,299,000 3 3 1,690 3,230 Sqft
3 Calle Ameno, San Clemente, CA, 92672 $3,599,000 4 6 6,000 9,450 Sqft
880 Avenida Acapulco, San Clemente, CA, 92672 $3,799,000 4 6 4,685 24,400 Sqft
21 Calle Ameno, San Clemente, CA, 92672 $4,495,000 5 5 4,950 7,776 Sqft
306 Via Colibri, San Clemente, CA, 92672 $2,888,000 2 2 2,052 9,240 Sqft
257 Avenida Adobe, San Clemente, CA, 92672 $1,049,000 2 2 1,060 1,199 Sqft
115 Via Ensueno, San Clemente, CA, 92672 $3,499,000 4 3 3,170 37,740 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/13/2026 @ 07:18

MLS: OC26200345 LISTED BY: Ashley Hyde, Compass 949-546-6260 SOURCE: CRMLS

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