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317 Avenida Monterey
San Clemente, CA 92672

$4,350,000 USD

Apartments For Sale  •  6,505 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,505 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1965
60 Transit Score
50 Walk Score

Highlights

All 2BR Units with Balconies & 2 Tuck Under Parking Spaces/Unit
6 of 7 Units Upgraded to some degree recently
Newer Roofs, Updated Plumbing, Concrete Replaced
2 Units will be delivered Vacant allowing Immediate Upgrades to Achieve Market Rents
Large Courtyard & a Shared Balcony
40% Below Market Rents. Tremendous Upside to Operate as a High Demand VRBO/Air BNB

Financial Summary (Proforma)

Net Operating Income: $236,346 USD (2026)
Total Expenses: $82,134 USD

Public Transportation

Commuter RailDriveWalkDistance
San Clemente Pier (Metrolink Inland Empire-Orange County Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Orange County Line - Metrolink Trains) 1 min 7 min 0.4 mi
San Clemente Metrolink Station (Metrolink Inland Empire-Orange County Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains) 5 min - 2.0 mi
AirportDriveWalkDistance
John Wayne/Orange County 35 min - 27.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: SurfaceTandem
Included in Rent: Yes
Tom McCartin 858-373-3196 The McCartin Group
Tom McCartin 858-373-3196 The McCartin Group