San Clemente, CA 92672,139 Avenida Sierra
San Clemente, CA 92672,139 Avenida Sierra
San Clemente, CA 92672,139 Avenida Sierra
22
See all 22 photos
$5,500,000
Est. payment /mo
7 BD
5 BA
3,678 SqFt
Active

139 Avenida Sierra San Clemente, CA 92672

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
31
Jan
Sat
1
Feb
Sun
2
Feb

UPDATED:

01/22/2025 03:57 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,678 sqft

Price per Sqft $1,495

MLS Listing ID LG25011087

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1948

Lot Size 0.412 Acres

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 17,947 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.

Location

State CA

County Orange

Area Sn - San Clemente North

Rooms

Main Level Bedrooms 3

Interior

Interior Features Eat-in Kitchen

Cooling None

Fireplaces Type None

Inclusions 5 total units, 4 income-producing units, (3 separate parcels being sold together) 135 Avenida Sierra (APN 057-031-10). 137 Avenida Sierra (APN 057-031-09). 139 Avenida Sierra (APN 057-031-08)

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Parking Features Garage, On Site, Oversized, Paved, Uncovered

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Utilities Available Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Waterfront Description Ocean Side Of Freeway,Ocean Side Of Highway

View Y/N Yes

View Hills, Neighborhood, Peek-A-Boo

Porch Deck, Front Porch

Attached Garage Yes

Total Parking Spaces 10

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Landscaped

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Capistrano Unified

Others

Senior Community No

Tax ID 05703108

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Jennifer Halbert • Berkshire Hathaway HomeServices California Properties • 949-899-2113

GET MORE INFORMATION

agent

Andreina Rios

Agent | License ID: 02136726

+1(760) 871-3581

Name
Phone*
Message

Go tour this home

139 Avenida Sierra