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Rare investment opportunity in the heart of San Clemente, offering an incredible walkable location just moments from the beach, San Clemente Pier, the San Clemente Beach Trail, and the shops and restaurants of Avenida Del Mar! This beautifully remodeled triplex combines a highly desirable coastal setting with three updated residences, individual garage parking and private outdoor spaces. The lower residence features 3 bedrooms, 1.5 bathrooms, a one-car garage, and an expansive private backyard patio. Generous in size and rarely found in a multifamily property this close to the coast, the patio creates an incredible extension of the living space with plenty of room for outdoor dining, entertaining, and relaxing. The two upper residences each offer 2 bedrooms, 1 bathroom, a one-car garage, private balcony, and an ocean view. All three units have been thoughtfully remodeled with a fresh, coastal aesthetic. Light, bright, and inviting interiors feature updated kitchens with newer cabinetry, updated flooring, baseboards, and windows, along with refreshed bathrooms featuring updated tubs, sinks, and toilets. Updated garage doors further enhance the property, while shared laundry provides additional convenience. With three beautifully updated residences in turnkey condition, this property presents a compelling opportunity for investors seeking a well-positioned coastal income property with lasting tenant appeal. The combination of exceptional walkability, proximity to the beach and downtown, private outdoor spaces, and extensive improvements makes 129 Serra a standout offering in the San Clemente multifamily market.
Listing agent: Bill Conrad DRE #01461548 BillC@ConradRealEstate.com, Listing office: Conrad Realtors Inc
MLS data updated 10/16/2026, 9:40:27 PM PT
Source: CRMLS, MLS #: OC26172562
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 7, 2026
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This home · nearest recorded event
$2,399,000Original asking price · Aug 7, 2026ZIP 92672 · Aug 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.