San Clemente Multifamily Properties for Sale

Military-Adjacent Coastal Market with Stable Rental Demand

San Clemente Multifamily: Coastal Living with a Military Demand Anchor

As a local broker, I identify two primary demand drivers that make San Clemente a unique multifamily market in South OC: Camp Pendleton and the coast. Camp Pendleton, one of the largest Marine Corps bases in the country, is directly south of San Clemente and generates consistent demand from military personnel and their families who prefer to live off-base in a coastal community. The surf culture and beach lifestyle independently drive civilian renter demand from those who want South OC coastal living.

San Clemente residential income property for sale

Residential income property in the San Clemente market

Multifamily inventory in San Clemente is limited and prices reflect the coastal premium. Military tenants receiving BAH (Basic Allowance for Housing) represent one of the most reliable tenant profiles available, and the civilian surf and lifestyle renter base provides a secondary pool that supports occupancy. For 1031 Exchange buyers seeking coastal South OC income property with a stable military demand anchor, San Clemente is worth targeted attention.

Want to discuss cap rates, zoning, or off-market opportunities in San Clemente? Call or text me directly: 949-430-7500

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Multifamily inventory in San Clemente is often sold via pocket listings before ever hitting the MLS. Off-market access is the difference between finding a deal and watching someone else close it.

San Clemente Multifamily Investment FAQ

How does Camp Pendleton affect San Clemente rental demand?

Camp Pendleton is one of the largest Marine Corps bases in the United States and sits directly south of San Clemente, creating consistent demand for off-base housing from military personnel and their families. Military tenants who receive Basic Allowance for Housing have a reliable, government-backed income source that covers rent regardless of local economic conditions. Marines and sailors stationed at Pendleton who want coastal California living frequently choose San Clemente because of its proximity to the base and its beach lifestyle. This creates a renter pool that is counter-cyclical and particularly valuable during broader economic downturns.

What is house hacking and how does it work in San Clemente?

House hacking is the strategy of purchasing a multifamily property, living in one unit, and renting the others to offset your mortgage. In San Clemente, fourplexes are the most common house hacking vehicle because they qualify for owner-occupied FHA financing, which allows lower down payments than conventional investment loans. The rental income from the other three units can significantly reduce or eliminate the owner's housing cost. FHA loan limits for 4-unit properties in Orange County are updated annually. Contact us for the current figure before running your numbers.

Does San Clemente have rent control?

San Clemente does not have local rent control, but California's AB 1482 statewide rent cap applies to most multifamily properties that are more than 15 years old and not single-family homes or condos. AB 1482 limits annual rent increases to 5% plus local CPI, with a maximum of 10%. Properties built within the last 15 years are exempt. Buyers should review current AB 1482 applicability for any specific property with a real estate attorney before closing, as the rules have nuance around exemptions and just cause eviction requirements.

Are San Clemente multifamily properties good for a 1031 exchange?

Yes, for the right buyer profile. San Clemente multifamily offers a combination of rental demand fundamentals and ADU upside that makes it a credible 1031 exchange destination. The key is identifying properties with genuine value-add potential rather than paying a premium for cap rate compression that has already occurred. Working with an agent who has off-market access is essential in this segment, as the best opportunities rarely hit the public MLS.

San Clemente Multi-Family Properties for Sale

$9,250,000
OC26158213 MLS ⋅ Active Status
211 W Marquita is a 24+1 unit multifamily property located in San Clemente, California. Built in 1951 and 1971, the property features an estimated 11,827 rentable square feet on a 0.61-acre lot, with a unit mix consisting of 21 one-bedroom/one-bath units, three studio units, and one non-conforming studio unit. The property also offers 23 garage spaces, 10 surface spaces, and an on-site laundry facility. 211 W Marquita is positioned in one of San Clemente’s most desirable coastal rental environments, within walking distance of beaches, schools, local shops, restaurants, bars, and everyday conveniences. The property benefits from proximity to the Avenida Del Mar dining and retail corridor, the San Clemente Pier, coastal trails, and the recently opened Miramar Food Hall in North Beach. This location provides tenants with the walkable coastal lifestyle that continues to drive demand throughout San Clemente. The offering provides investors with a clear value-add opportunity through both interior and operational upside. A new owner could pursue a comprehensive property and unit renovation program to better align the asset with current market expectations, as renovated apartment units in San Clemente have demonstrated the ability to achieve meaningful rental premiums. In addition, the property currently does not have a RUBS program in place, creating the potential to recapture a portion of utility expenses, while the existing garage and surface parking may provide an additional opportunity to generate revenue. With its coastal San Clemente location, substantial parking supply, and multiple avenues to improve income, 211 W Marquita offers investors the opportunity to reposition a well-located asset in one of South Orange County’s most supply-constrained rental markets.

211 W Marquita, San Clemente
$2,825,000
OC26152652 MLS ⋅ Active Status
Large 4 plex backs to golf course. Garage and parking spot for each unit.

106 E Avenida San Gabriel, San Clemente
$897,000
2 Beds ⋅ 3 Baths ⋅ OC26123645 MLS ⋅ Coming Soon Status
Tucked within the sought-after Vilamoura community of Rancho San Clemente, this inviting condo blends coastal ease with hillside tranquility. High ceilings and an open layout create a bright, airy first impression, while the living room’s cozy fireplace and seamless access to the private patio extend the sense of comfort outdoors. Upstairs, two spacious ensuite bedrooms offer privacy, convenience, and generous natural light. The kitchen provides ample storage and an easy connection to the dining area, supporting both everyday living and relaxed entertaining. A ground-floor laundry area, large nearby storage closet, and attached two-car garage add practical convenience to this well-located home.

615 Via Presa, San Clemente
$2,375,000
NP26140992 MLS ⋅ Active Under Contract Status
Oceanside of the 5 freeway and nearby beaches and parks. Remodeled triplex offers an outstanding opportunity to acquire rental turnkey units along the coast. All units were upgraded- kitchens featuring stainless steel appliances, butcher block counters, backsplash walls, and flooring complete with baseboards throughout. The bathrooms were upgraded with new tile, vanities, sinks, and plumbing. Recessed lighting, ceiling fans, and newer windows. Each unit also has their own washer/dryer access, no sharing with others. Enclosed garages make this property complete. Front unit is a detached one bedroom, one bath. Back building is 2, two bedrooms, one bath unit each with their own yard area. Nearby Las Palmas Elementary, parks beaches , restaurants etc.

817 Calle Puente, San Clemente
$2,249,990
OC26141364 MLS ⋅ Active Under Contract Status
LOWEST PRICED FOUR PLEX IN SAN CLEMENTE AND DANA POINT! FANTASTIC VALUE! ALL FOUR UNITS HAVE RECEIVED MAJOR UPDATES AND UPGRADES. 5% CAP RATE! All units are leased. This fourplex backs to the San Clemente Municipal golf course and each unit has a large outdoor area, 2 beds/2 baths, 1 car garage and 1 car driveway. The back units have patios the touch the golf course and the front units have large balconies with ocean views. All four units are identical floorplans at about 600 sf each. The location of this income property is ideal for occupants with nearby freeway access and is a short distance to the beach. The property received a new roof and new exterior paint 18 months ago and termite clearance will be provided.

2603 Calle Del Comercio, San Clemente
$5,750,000
PW26108641 MLS ⋅ Active Status

202 N Calle Seville, San Clemente
$1,399,000
IV26094200 MLS ⋅ Active Status
Rare opportunity to own a coastal duplex just blocks from the iconic San Clemente Pier and the shops, dining, and beaches of downtown San Clemente. This property offers a flexible layout with a 3-bedroom, 2-bath unit and a separate 1-bedroom, 1-bath unit with shared laundry. Front unit with a quaint front yard and side and backyard. Back unit has its own separate private front entrance and yard. Driveway parking and street parking. Two sheds in the backyard provide plenty of storage. Backyard offers a blank canvas ready for your vision whether creating a lush garden setting, outdoor entertainment space or personalized retreat, its ready to make it your own space. Ideal for a variety of buyers, the property may suit those seeking a coastal residence with the option for supplemental rental income, as well as investors exploring value-add potential. Possible uses include occupying one unit while renting the other, updating and holding as an income-producing property, or renovating for resale. Property is being sold in its present “as-is” condition. Located in a desirable beach-close neighborhood with limited multifamily availability, this property presents a unique opportunity to own in one of Southern California’s most sought-after coastal communities. Ideally situated with convenient freeway access and a wide range of everyday amenities.

103 E Mariposa, San Clemente
$2,740,000
PW26095973 MLS ⋅ Active Status
A Masterfully Reimagined Investment Opportunity: Step into the heart of San Clemente —This exceptional multifamily asset has been extensively transformed, combining timeless elegance with high-end finishes to set a new standard for turnkey investment excellence. A rare opportunity for the selective investor, offering both lasting value and sophistication. This premier fourplex has been extensively renovated with premium finishes, providing the perfect mix of classic charm and contemporary luxury. The charming duplex has been fully updated for modern living, featuring all-new gourmet kitchens, beautifully remodeled bathrooms, luxury vinyl plank flooring, climate control systems, upgraded electrical, and entirely new plumbing throughout. Further adding to the property’s value and versatility are two newly constructed accessory dwelling units (ADUs), seamlessly integrated into the estate. Each ADU is designed for privacy, functionality, and aesthetic appeal, with private in-unit laundry, well-appointed interiors, and thoughtful floor plans that offer both comfort and efficiency. Additionally, the property includes four parking spaces. The craftsmanship and attention to detail are evident in every corner—too many enhancements to list here. Please inquire for a full list of improvements!

102 E Avenida San Gabriel, San Clemente
$10,950,000
P1-26546 MLS ⋅ Active Status
Located in the heart of San Clemente's iconic Pier Bowl, 614 Avenida Victoria offers a rare opportunity to own a premier mixed-use coastal property just steps from the sand and directly across from the San Clemente Pier. Set along one of the most coveted streets in town, this property captures the essence of Southern California coastal living with panoramic ocean views, whitewater, and year-round sunsets.The property features two expansive 3-bedroom residential units, each thoughtfully designed to maximize natural light, indoor-outdoor flow, and breathtaking views of the coastline. Spacious living areas, private 2-car garages, and additional parking provide both comfort and convenience--an uncommon combination in this highly sought-after beachside location. The ground-level commercial space benefits from strong foot traffic and excellent visibility, further enhancing the property's versatility and income potential.Currently operated as short-term rentals, the residential units take full advantage of the area's strong demand for luxury coastal accommodations (buyer to verify local regulations and permitting), offering an attractive opportunity for both immediate income and long-term appreciation.Built in 2015 and totaling approximately 5,300+ square feet, the property is ideally positioned within the Pier Bowl Specific Plan, allowing for a unique blend of residential and commercial use. Just moments from the beach, dining, shops, and the vibrant downtown atmosphere, this is a rare chance to own a legacy property in one of Southern California's most desirable coastal communities--where lifestyle, location, and investment potential come together seamlessly.

614 Avenida Victoria, San Clemente
$2,395,000
PW26053645 MLS ⋅ Active Status
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.

3215 S El Camino Real, San Clemente
$3,650,000
PW26008562 MLS ⋅ Active Under Contract Status
Introducing 207 W Marquita, a prime investment opportunity in San Clemente. This 6,261 SF multifamily property comprised of (1) one bedroom/one bathroom unit, (5) two-bedroom/one and three quarter bathroom units, and one extremely desirable two bedroom/one and one half bathroom townhouse style unit, boasting scenic canyon vistas and a central location just 3 blocks from Avenida Del Mar. Built in 1971, this well-maintained asset features updated electrical, newer windows, and SB721 compliance. With its desirable location and first-time market listing in over 30 years, this property offers an enticing prospect for multifamily/low-rise/garden investors seeking a solid investment in the thriving San Clemente area.

207 W Marquita, San Clemente
$6,250,000
NP26004715 MLS ⋅ Active Status
Exceptional opportunity to acquire an 8-unit multifamily property ideally located in San Clemente, CA. This well-designed asset features eight 2 bedroom, 2-bathroom units, offering an attractive unit mix that consistently appeals to long-term tenants and coastal renters alike. Each unit boasts a functional layout with generous living space, ample natural light, and private bedrooms with en-suite or conveniently located bathrooms. Situated in a prime San Clemente location, the property is just minutes from beaches, downtown San Clemente, shopping, dining, and major transportation routes, making it highly desirable for both tenants and investors. The Buena Vista Street setting offers a balance of coastal lifestyle and neighborhood charm. This asset presents excellent upside potential through continued market appreciation, making it ideal for both seasoned investors and those seeking a long-term hold in a supply-constrained coastal submarket.

1507 Buena Vista, San Clemente
$4,499,900
OC25184528 MLS ⋅ Active Status
*Make Your Offer !*Qualifies For Major Tax Benefits !*Major Potential in the Heart of San Clemente !*Commercial & Residential Opportunity !*Next Door to Upcoming Hotel Project !*Short Term Rentals Allowed !*Welcome to 251 Avenida Del Mar – your opportunity to own a slice of coastal paradise right in the heart of San Clemente. Just steps from boutique shopping, gourmet restaurants, and some of Southern California’s most beautiful beaches, this Ole Hanson property offers the perfect blend of charm, character, and modern convenience. Inside, you’ll find three distinct living spaces ideal for multigenerational living, guest accommodations, or supplemental rental income. The main residence features a bright, open layout with two spacious bedrooms, a well-sized kitchen, and a serene deck—perfect for enjoying your morning coffee or evening sunsets. The second unit has its own private side entrance, peek-a-boo ocean views, a full bath, and large windows that fill the space with natural light. The third unit is a newly remodeled ADU complete with new flooring, recessed lighting, and a convenient kitchenette—perfect for guests or extended family. Enjoy relaxing or entertaining in the charming back patio, and take advantage of the 4-car driveway. Whether you're looking for a forever home, a vacation retreat, or a flexible property with income potential, this one-of-a-kind home offers it all—steps from the best of San Clemente living.

251 Avenida Del Mar, San Clemente
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.