San Clemente Homes with Apartment Subtype

San Clemente Homes with Apartment Subtype

Welcome to San Clemente, California – a coastal gem nestled in the heart of Orange County. Known for its stunning beaches, vibrant surf culture, and charming Spanish colonial architecture, San Clemente offers a unique blend of laid-back coastal living and rich cultural heritage. With its picturesque ocean views and mild Mediterranean climate, it’s no wonder that this city is often referred to as the “Spanish Village by the Sea.”

San Clemente is not just a paradise for beach lovers; it also boasts a thriving community with an array of amenities. From boutique shops and delightful eateries to lush parks and scenic trails, there’s always something to explore. The San Clemente Pier, a local landmark, is perfect for a leisurely stroll or enjoying breathtaking sunsets over the Pacific Ocean.

For those seeking a home with an apartment subtype, San Clemente presents an enticing opportunity. The real estate market here features a diverse range of options, from charming beach cottages to modern multi-family units. Homes with apartment subtypes cater to a variety of lifestyles, whether you’re looking to invest in rental properties or seeking a spacious residence with potential for extra income. These properties often boast convenient access to local attractions, making them ideal for both residents and renters alike.

Embrace the San Clemente lifestyle, where the sun shines bright, and the ocean breeze fills the air. With its captivating charm and welcoming community, San Clemente is not just a place to live; it’s a place to thrive. Discover your dream home in this coastal paradise today!

Newest San Clemente Homes with Apartment Subtype

$8,850,000
OC26158213 MLS Active Status
211 W Marquita is a 24+1 unit multifamily property located in San Clemente, California. Built in 1951 and 1971, the property features an estimated 11,827 rentable square feet on a 0.61-acre lot, with a unit mix consisting of 21 one-bedroom/one-bath units, three studio units, and one non-conforming studio unit. The property also offers 23 garage spaces, 10 surface spaces, and an on-site laundry facility. 211 W Marquita is positioned in one of San Clemente’s most desirable coastal rental environments, within walking distance of beaches, schools, local shops, restaurants, bars, and everyday conveniences. The property benefits from proximity to the Avenida Del Mar dining and retail corridor, the San Clemente Pier, coastal trails, and the recently opened Miramar Food Hall in North Beach. This location provides tenants with the walkable coastal lifestyle that continues to drive demand throughout San Clemente. The offering provides investors with a clear value-add opportunity through both interior and operational upside. A new owner could pursue a comprehensive property and unit renovation program to better align the asset with current market expectations, as renovated apartment units in San Clemente have demonstrated the ability to achieve meaningful rental premiums. In addition, the property currently does not have a RUBS program in place, creating the potential to recapture a portion of utility expenses, while the existing garage and surface parking may provide an additional opportunity to generate revenue. With its coastal San Clemente location, substantial parking supply, and multiple avenues to improve income, 211 W Marquita offers investors the opportunity to reposition a well-located asset in one of South Orange County’s most supply-constrained rental markets.

211 W Marquita, San Clemente

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