Est. cap rate

2.0%

Assumed rent, all units

$8,310/mo

Units

3

Price per unit

$831,667

Est. annual NOI

$49,860

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

2,503 sqft

Lot size

3,920 sqft

Year built

1962

Stories

2

Garage spaces

3

Pool

None

Status

Active

Days on market

0

MLS #

248829981

About this property

Exceptional opportunity in the heart of San Clemente! Welcome to 159 Avenida Rosa, a beautifully upgraded triplex offering three spacious 2-bedroom, 1-bathroom residences, each averaging 834 square feet, just two blocks from the vibrant shops and restaurants along Avenida Del Mar and minutes from the beach and San Clemente Pier. The standout feature of this property is the extensively remodeled ground-level owner's residence, offering the comfort, privacy, and outdoor living experience of a single-family home. Expansive folding glass doors seamlessly connect the interior to an incredible private backyard retreat, complete with newer Trex decking, a hot tub, lush artificial turf, upgraded exterior lighting, and newer fencing. This exceptional outdoor space creates the perfect setting for entertaining, relaxing, and enjoying San Clemente's year-round coastal climate. The property has undergone extensive improvements, including updated plumbing and electrical systems throughout all three units, fully remodeled kitchens and bathrooms in two of the residences, luxury vinyl plank flooring in every unit, and exterior painting completed approximately four years ago. Both upper-level residences feature oversized private balconies, providing generous additional outdoor living space. Each unit also enjoys its own private laundry, a dedicated one-car garage, and an additional driveway parking space, accommodating two vehicles per residence. Ideally located just moments from downtown San Clemente, residents enjoy easy access to Avenida Del Mar's popular restaurants, cafés, boutiques, and nightlife, along with the nearby beaches, coastal trails, and iconic San Clemente Pier. With extensive upgrades, exceptional outdoor living spaces, and an unbeatable walkable coastal location, this turnkey triplex offers incredible versatility. Enjoy the beautifully appointed owner's residence as a primary home or coastal getaway while generating income from the other two units, or lease all three residences to capitalize on the area's strong rental demand. A rare opportunity to own a truly special multifamily property in one of San Clemente's most desirable neighborhoods. Tenant Occupied. Please Do Not Disturb Tenants!!!

Location

159 Avenida Rosa

San Clemente, Orange, CA, 92672