4
See all 4 photos
$3,150,000
Est. payment /mo
8,886 Sqft Lot
New
230 Avenida Montalvo San Clemente, CA 92672
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25170151
HOA Y/N No
Year Built 1964
Lot Size 8,886 Sqft
Property Sub-Type Apartment
Property Description
230 Avenida Montalvo is a rare investment opportunity in San Clemente's highly sought-after “Loop” neighborhood. This blufftop 6-unit multifamily property offers breathtaking, unobstructed ocean views from every unit. Built in 1964 and family-owned for over 40 years, this extremely well-maintained asset presents a unique blend of pride of ownership and incredible upside potential, with approximately 45% in rental upside.
Each of the six spacious units features two bedrooms and two bathrooms, private balconies or patios, and stunning ocean views that enhance everyday living. Residents enjoy carport and driveway parking, while recent capital improvements—including new roofs, electrical systems, plumbing, dual-pane windows & sliders, reconstructed balconies, wood siding and insulation — ensure long-term stability and minimal maintenance needs.
Situated in a designated Short-Term Rental Zone, this property is ideal for investors looking to capitalize on both long-term and vacation rental demand. Just a short walk to San Clemente State Beach, Califia Park, and the scenic Bluff Trail, it offers an unbeatable coastal lifestyle that attracts consistent tenant interest. Don't miss this exceptional opportunity to own a turnkey coastal asset with significant income growth potential in one of Southern California's premier beach communities.
Each of the six spacious units features two bedrooms and two bathrooms, private balconies or patios, and stunning ocean views that enhance everyday living. Residents enjoy carport and driveway parking, while recent capital improvements—including new roofs, electrical systems, plumbing, dual-pane windows & sliders, reconstructed balconies, wood siding and insulation — ensure long-term stability and minimal maintenance needs.
Situated in a designated Short-Term Rental Zone, this property is ideal for investors looking to capitalize on both long-term and vacation rental demand. Just a short walk to San Clemente State Beach, Califia Park, and the scenic Bluff Trail, it offers an unbeatable coastal lifestyle that attracts consistent tenant interest. Don't miss this exceptional opportunity to own a turnkey coastal asset with significant income growth potential in one of Southern California's premier beach communities.
Location
State CA
County Orange
Area 699 - Not Defined
Zoning R-3
Interior
Heating Forced Air
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Carport Spaces 6
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sloped Down
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 06013115
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Rick Applebaum Morgan Skenderian rma@morganskenderian.com