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

Simon Mills

simon@millsrealty.com +1(818) 763-4462

$ 2,395,000

Est. payment -/mo

Save

Price Dropped by $100K

3215 S El Camino Real San Clemente, CA 92672

3,998 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26053645

Construction Status Turnkey

HOA Y/N No

Year Built 2025

Lot Size 3,998 Sqft

Property Sub-Type Duplex

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 Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Storage, Unfurnished, All Bedrooms Up, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type Dining Room

Fireplace Yes

Appliance 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer

Laundry Inside, Laundry Room, Stacked

Exterior

Parking Features Garage, Tandem

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool None

Community Features Suburban

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

View Y/N Yes

View Coastline, Hills

Roof Type Flat

Accessibility Safe Emergency Egress from Home

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot, Sprinklers In Rear, Rectangular Lot

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Two

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 06009347

Security Features Security System

Acceptable Financing Cash, Conventional, Owner Will Carry, Owner May Carry

Listing Terms Cash, Conventional, Owner Will Carry, Owner May Carry

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Sean Toohey Greysteel California, Inc. 949-613-1674, DRE #02172754

Nearby Locations

Simon Mills

Broker | License ID: 01309436

+1(818) 763-4462

Simon Mills

3215 S El Camino Real San Clemente, CA 92672

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

3215 S El Camino Real