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Exceptional Coastal Triplex Investment Opportunity - Just 2 Blocks from the Beach! Rarely does a well-maintained income property become available in one of San Clemente's most desirable beachside neighborhoods. Ideally located just two blocks from the beach and scenic coastal trails and approximately six blocks from the charming downtown district, tenants enjoy easy access to world-class beaches, restaurants, shopping, cafés, and entertainment, all contributing to strong and consistent rental demand. The property features three separately rented units, each with its own private one-car garage, abundant natural light, and desirable outdoor living spaces including private balconies, a spacious deck, or a fenced yard, depending on the unit. The residences feature updated vinyl plank flooring, fresh interior paint, functional kitchens with stainless steel appliances in select units, and an attractive mix of one-, two-, and three-bedroom floor plans that appeal to a broad tenant base. A shared on-site coin-operated laundry provides additional convenience for residents. Owner currently pays water, sewer, trash, and hot water, while tenants enjoy a low-maintenance coastal lifestyle in one of Orange County's most sought-after rental markets. Current rental income offers immediate cash flow, with potential upside through future rental increases. Whether you're completing a 1031 exchange, expanding your investment portfolio, or acquiring your first coastal multifamily asset, this property presents an outstanding opportunity in a prime location with historically strong tenant demand.
Listing agent: Gabriela Cernikova DRE #01367651 gabi@gabirealestate.com, Listing office: Lifetime Realty Inc
MLS data updated 10/16/2026, 11:15:34 PM PT
Source: CRMLS, MLS #: PW26160960
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 1, 2026
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This home · nearest recorded event
$2,299,000Original asking price · Jul 1, 2026ZIP 92672 · Jul 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.