3215 S El Camino Real, San Clemente, CA 92672
3215 S El Camino Real, San Clemente, CA 92672
3215 S El Camino Real, San Clemente, CA 92672
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Listed by Sean Toohey • Greysteel California, Inc.
$2,395,000
Est. payment /mo
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2,575 SqFt
Price Dropped by $100K

3215 S El Camino Real San Clemente, CA 92672

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Maureen Alphonso

Maureen Alphonso

+1(805) 279-6885

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,575 sqft

Price per Sqft $930

MLS Listing ID PW-26053645

Style Modern

Year Built 2025

Lot Size 4,000 Sqft

Property Sub-Type Duplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

3215 S El Camino Real presents a rare coastal investment opportunity consisting of a BRAND NEW construction with a total of 4-bedroom, 3.5-baths. A 3-bedroom/2.5-bath single-family residence with 12-foot ceilings and a detached 1-bedroom, 1-bath ADU in one of the most desirable neighborhoods. Both residences feature modern construction, open layouts, and rooftop decks with ocean views, creating strong rental appeal in a market where contemporary inventory is extremely limited. Located within the STLU zone which allows for short-term rentals, the detached ADU provides a separate income stream with detached units, a highly desirable configuration for tenants and owner-users alike. Seller financing available for qualified buyers (Terms Negotiable). Based on comparable units next door, the pro-forma rental income is estimated at $6,250/month for the main residence and $3,200/month for the detached ADU, for a total projected gross income of $9,450/month ($113,400 annually) (buyer to verify). Using an estimated 30% operating expense ratio, the property produces a projected net operating income of approximately $79,380, resulting in an estimated 3.3% cap rate at the $2,395,000 asking price. The property offers the flexibility of owner-occupancy with rental income or a long-term investment in a high demand coastal rental market. Located minutes from the world-famous surf, San Clemente Municipal Golf Course, scenic hiking trails, and convenient access to the 5 Freeway, the property combines coastal lifestyle with stable long-term rental demand. A unique opportunity to acquire a newly built coastal asset with dual income potential in a predominantly single-family neighborhood.

Location

State CA

County Orange

Area Se - San Clemente Southeast

Interior

Interior Features Ceiling Fan(s), Balcony, Granite Counters, High Ceilings, Open Floorplan, Storage, Unfurnished

Heating Central

Flooring Vinyl

Fireplaces Type Dining Room

Laundry Dryer Included, Individual Room, Inside, Stackable, Washer Included

Exterior

Parking Features Tandem Garage

Garage Spaces 2.0

Pool None

Community Features Suburban

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N Yes

View Hills, Coastline

Building

Lot Description Corner Lot, Rectangular Lot, Sprinklers In Rear

Sewer Public Sewer

Nearby Locations

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Maureen Alphonso

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

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3215 S El Camino Real