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211 W Marquita
San Clemente, CA 92672

$9,250,000 USD

Apartments For Sale  •  11,827 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,827 SF
  • Lot Size 0.61 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 4.20 %
  • Zoning R4, San Clemente
50 Transit Score
50 Walk Score

Highlights

Rare offering with 24 legal apartment units plus 1 non-conforming studio in coastal San Clemente.
Walkable to beaches, Avenida Del Mar, the Pier Bowl, restaurants, bars, shops, schools, and everyday conveniences.
Peekaboo ocean views complement the property’s walkable coastal setting and strong tenant appeal.
Exceptional parking supply with 23 individual garages and 10 surface spaces for 33 total spaces.
11 renovated units demonstrate the property’s rent potential, while the remaining units offer additional renovation upside.
Clear value-add opportunity through additional interior upgrades and comprehensive exterior repositioning.

Financial Summary (Actual)

Net Operating Income: $388,122 USD (2026)
Cap Rate: 4.20 %
Total Expenses: $234,497 USD

Amenities

  • Air Conditioning
  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Storage Space
  • Heating
  • Kitchen
  • Oven
  • Range
  • Carpet

Public Transportation

Commuter RailDriveWalkDistance
2 min 13 min 0.7 mi
San Clemente Pier (Orange County Line - Southern California Regional Rail Authority (Metrolink)) 3 min 14 min 0.7 mi
Transit/SubwayDriveWalkDistance
San Clemente Pier (Orange County Line - Southern California Regional Rail Authority (Metrolink)) 3 min 14 min 0.7 mi
AirportDriveWalkDistance
John Wayne/Orange County 35 min - 27.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap