List Price: $2.65M

Listing Status: Active

Original List Price: $2.83M

Days on Market: 34

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 2025

Lot Size: 4,000 sq ft

Garage Spaces: 2

Private Pool: Yes

MLS Number: PW26053645

About This Property

3215 S El Camino Real presents a rare coastal investment opportunity consisting of a brand new construction 3-bedroom, 2.5-bath single-family residence and a detached 1-bedroom, 1-bath ADU in one of San Clemente’s most desirable neighborhoods. The property offers the flexibility of owner-occupancy with rental income or a long-term investment in a high demand coastal rental market. 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% pro-forma cap rate at the $2,835,000 asking price. Both residences feature modern construction, efficient layouts, and rooftop decks with ocean views, creating strong rental appeal in a market where new coastal inventory is extremely limited. The detached ADU provides a separate income stream with privacy between units, a highly desirable configuration for tenants and owner-users alike. Located minutes from the beach, 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.

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