135 Avenida Sierra,  San Clemente  (92672)

$5,500,000

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Listed By: Jennifer Halbert of Berkshire Hathaway HomeServices California Properties

PROPERTY DETAILS

Address: view address
San Clemente, CA 92672
Map Location
Lot Size: 18124.0
Views:HillsProperty Type:Land
Neighborhood:OtherCounty:Orange
Zoning:Land/ResiList Date:2025-01-19
Listing Number:LG25014194Listed By:Berkshire Hathaway HomeServices California Properties
Listing Office:949-899-2113Virtual Tour:Click Here
Days on market:22

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 spanning multiple generations.

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Exterior

Exterior and Lot

Lot features:Landscaped

Property and Lot Details

Features

Community Features:Sidewalks

View

Views:Hills, NeighborhoodHas View:Yes

Other

Sewer:Public Sewer

Fee

Special Listing Conditions:Standard

Lot

Lot Dimensions:18124.0Zoning:Land/Resi

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: Jennifer Halbert of Berkshire Hathaway HomeServices California Properties