San Clemente Homes with Apartment Subtype

San Clemente Homes with Apartment Subtype

Welcome to San Clemente, a picturesque coastal gem nestled in Orange County, California. Known for its stunning beaches, vibrant culture, and welcoming community, San Clemente is the perfect place to call home. This charming city boasts a rich history, with Spanish colonial architecture and a laid-back atmosphere that captures the essence of Southern California living.

San Clemente is famous for its beautiful coastline, featuring miles of sandy beaches, surf spots, and scenic walking trails. The iconic San Clemente Pier offers breathtaking ocean views and is a popular gathering spot for residents and visitors alike. The city also hosts a variety of annual events, including the San Clemente Ocean Festival and the Fiesta Street Festival, celebrating the community spirit and coastal lifestyle.

When it comes to housing, San Clemente offers a diverse range of options, including homes with apartment subtypes. These residences provide the perfect blend of comfort and convenience, often featuring spacious layouts, modern amenities, and easy access to local attractions. Whether you’re looking for a cozy beachside apartment or a family-friendly home with room to grow, San Clemente has something for everyone.

With its ideal climate, friendly neighborhoods, and a plethora of outdoor activities, San Clemente is not just a place to live; it's a lifestyle. Experience the charm of this coastal paradise and discover why so many are drawn to its inviting shores. Your dream home awaits in San Clemente!

Newest San Clemente Homes with Apartment Subtype

$8,850,000
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

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