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
$ 3,150,000
Est. payment | /mo
2 Beds
2 Baths
$ 3,150,000
Est. payment | /mo
2 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25170151
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
Property Description
230 Avenida Montalvo is a rare investment opportunity in San Clementes highly sought-after Loop neighborhood. This blufftop 6-unit multifamily property offers breathtaking, unobstructed ocean views from every unit. Built in 1964 and family-owned for over 40 years, this extremely well-maintained asset presents a unique blend of pride of ownership and incredible upside potential, with approximately 45% in rental upside. Each of the six spacious units features two bedrooms and two bathrooms, private balconies or patios, and stunning ocean views that enhance everyday living. Residents enjoy carport and driveway parking, while recent capital improvementsincluding new roofs, electrical systems, plumbing, dual-pane windows & sliders, reconstructed balconies, wood siding and insulation ensure long-term stability and minimal maintenance needs. Situated in a designated Short-Term Rental Zone, this property is ideal for investors looking to capitalize on both long-term and vacation rental demand. Just a short walk to San Clemente State Beach, Califia Park, and the scenic Bluff Trail, it offers an unbeatable coastal lifestyle that attracts consistent tenant interest. Dont miss this exceptional opportunity to own a turnkey coastal asset with significant income growth potential in one of Southern Californias premier beach communities.
Location
State CA
County Orange
Zoning Public Rec
Direction South of S. Ola Vista
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 06013115
Listed by Rick Applebaum Morgan Skenderian
GET MORE INFORMATION
Roy Wannamaker
REALTOR® | Lic# CA DRE 01838753