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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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228 Avenida Pelayo San Clemente, CA 92672
$2,350,000 4 beds, 3 baths
1, 928 sqft
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Agent Remarks

Set in one of San Clemente’s most up-and-coming neighborhoods, this mid-century North Beach triplex sits half a block from the ocean and close to many of the area’s exciting attractions. Each unit has a distinctly mid-century beach feel with beamed ceilings, appealing geometric lines, laminate wood-look flooring throughout, white cabinetry, and quartz countertops. All units are turnkey with the previous owner’s extensive renovations combined with the current owner’s improvements of all-new electrical panels (2024), new water heater in the 1-bedroom unit (2024), and a reverse osmosis water filtration system in the 2-bedroom unit (2023). Set furthest back from the street, Unit C offers 2 bedrooms and 1 bath, a generously sized open floor plan, fireplace, and completely enclosed private wraparound yard complete with garden boxes. In the center of the building, Unit B offers 1 bedroom and 1 bath, an airy and open living area, and a massive private deck looking out to the neighborhood. At the front of the building, Unit A is a ground-level Studio with small fridge & freezer, induction cooktop, microwave, double-basin sink, and a private bathroom with walk-in shower. Each residence conveniently has a dedicated driveway parking spot, and Unit C currently has exclusive use of the 2-car garage. Both in-unit laundry and dedicated parking are difficult to come by for multifamily investments in this area. This turnkey investment opportunity is currently producing $117,600 in gross annual income and located in close proximity to the beloved surf break 204’s, the new Miramar Food Hall, a 2.5-mile beach trail, neighborhood coffee shops, and bars. Also an easy bike, golf cart, or walk to Downtown’s Avenida Del Mar, and the train stops close by for commuters. A unique multifamily investment with location and architectural flair, truly a rare opportunity in San Clemente.

Listing Details

Property type: Triplex (Single Family)
Status: Active
MLS# OC26200345
List price is $2,350,000
HOA Fee is $0.00
Beds: 4
Baths: 3
Gas,Living Room fireplaces
Built in 1956
1,928 sqft
2 stories
0.10 acres
Lot size: 0.1000
Subdivision: North Beach
County: Orange
Property style: Mid-Century Modern
Construction: Frame,Stucco
Interior features: Beamed Ceilings,Breakfast Bar,Ceiling Fan(s),Attic,Bedroom on Main Level,Main Level Primary
Exterior features: Rain Gutters
Appliances: Dishwasher,Electric Cooktop,Exhaust Fan,Freezer,Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater,Water Purifier,Dryer,Washer
Parking description: Driveway,Off Street
Lot description: TwoToFiveUnitsAcre
Heating/cooling: None
Heating description: Central,Wall Furnace
MLS area: SN - San Clemente North

Last Updated: 9/30/2026

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This listing belongs to the SN - San Clemente North MLS area

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The style of this listing is Mid-Century Modern.
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Lat/Long: 33.429049, -117.626858.
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Listing Agent: Ashley Hyde
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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