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5 UNITS perfectly poised on San Clemente’s coveted "loop," just across from beach access and the sprawling San Clemente State Park, this residential offering presents an exceptionally rare opportunity. Surrounded by multi-million dollar condominiums and imbued with coastal charm, the property captures unobstructed ocean views from all units — blending lifestyle and investment seamlessly. The building is thoughtfully configured with four 2-bedroom units and one expansive 3-bedroom rear unit, the latter of which enjoys the privacy of no common walls. This ideal composition offers flexibility for a variety of ownership goals — from multi-generational living to income generation through long-term leasing and short-term rentals, for which the property is ideally located in the City's approved zone. Two of the units are furnished and ready for immediate use or leasing, while the rest invite light enhancements or upgrades to further elevate returns and long-term value. The layout fosters privacy and versatility while maintaining an intimate, boutique scale — an increasingly desirable attribute for today's discerning buyers. Steps from coastal trails, surfing spots, and the celebrated natural beauty of San Clemente State Park, 252 Avenida Lobeiro allows for effortless access to outdoor recreation. Whether as a full-time residence, a part-time coastal retreat with revenue upside, or a diversified investment in a premier beachside enclave, this property stands as a rare and compelling proposition.
Listing agent: Andrew Cotton DRE #01895023 Andrew.Cotton@compass.com, Listing office: Compass
MLS data updated 10/27/2026, 7:14:50 AM PT
Source: CRMLS, MLS #: NP25243591
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 22, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$3,900,000Closed sale · Dec 22, 2025ZIP 92672 · Dec 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.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.