MLS# LG25011087 – 139 Avenida Sierra, San Clemente, CA 92672

Price: $5,250,000
Beds: 7
Baths: 5
Living Area SqFt: 3,678
Status: Active
Property Type: Detached
Lot Size Acres: 0.42
Lot Size SqFt: 18,124
Year Built: 1948
Neighborhood: Not Defined
Days on Website: 88

Courtesy of Berkshire Hathaway HomeServices California Properties

Property Description

135/137/139 Avenida Sierra Located on the ocean side of the 5 freeway in an established San Clemente neighborhood, this multi-unit income property could be the opportunity of a lifetime. Set on three separate parcels in close proximity to local beaches, parks, the Metrolink and many shopping/dining options, the property includes approximately 18,000 square feet and five units. An ocean view is available from the upper unit and the potential exists to build a new structure up from the spacious parking lot to capitalize on panoramic views of the ocean, city lights and hillsides. Currently, the property grosses over $10,200/month; 4 of the units are rented and records are available from the owner. An additional ADU could be upfitted to receive a permit and potentially bring another income stream totaling around $1,500/month. A 3-car garage and shared laundry add to the current investment value and versatility. With the potential to subdivide and build three single family homes, the property could deliver a substantial return on investment. The options are endless: live in the upper unit and enjoy the ocean breeze while renting the others, create a family compound, realize a 1031 Exchange to avoid capital gains or purchase solely as an investment and avoid the stress/fluctuations of the financial markets. Considering the premium location and the idea that the demand for Southern California real estate is unlikely to abate, the time to act is now. With the potential for appreciation and a current income stream, this versatile property could be a chance to build a legacy spanni

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Property Details and Features

  • Bathrooms
  • 5 full bathrooms
  • 5 total bathrooms
  • Bedrooms
  • 7 bedrooms
  • 7 total bedrooms
  • Building
  • 3,678 estimated square feet
  • Source: Assessor Record
  • Built in 1948
  • 2 stories
  • Deck
  • 2 story
  • Water Features
  • Public
  • Laundry
  • Laundry Room
  • Listing
  • Source: SDMLS
  • For Sale
  • 97 days on market
  • Listed on 2025-01-08
  • Location
  • County: Orange
  • Lot
  • Approximately 18,124 square feet
  • Approximately 0 acres
  • Garage
  • 3 garage parking spaces
  • Garage
  • Parking
  • 10 total parking spaces
  • Non-Garage Parking: Uncovered,On Site,Oversized
  • Property
  • Mountains/Hills
  • Neighborhood
  • Peek-A-Boo
  • Sewer
  • Public Sewer

Property Map

$5,250,000 – 139 Avenida Sierra, San Clemente, CA 92672

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MLS# LG25011087 – 139 Avenida Sierra, San Clemente, CA 92672

MLS# LG25011087 – 139 Avenida Sierra, San Clemente, CA 92672

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