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Listed by Sean Toohey, DRE #02172754 • Greysteel California, Inc.
$ 2,395,000
Est. payment /mo
Price Dropped by $100K
3215 S El Camino Real San Clemente, CA 92672
4,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26053645
Style Contemporary
Year Built 2025
Lot Size 4,000 Sqft
Property Sub-Type Duplex
Source California Regional MLS
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 investme
Location
State CA
County Orange
Area Se - San Clemente Southeast
Rooms
Kitchen Dishwasher, Garbage Disposal, Microwave, Other, Refrigerator, Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Laundry Room, Other, Washer, Stacked Only, Dryer
Exterior
Garage Spaces 4.0
Pool 31, None
View Hills, Ocean
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Water District - Public
Architectural Style Contemporary
Others
Tax ID 06009347
Special Listing Condition Not Applicable
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