230 Avenida Montalvo is a rare investment opportunity in San Clemente’s 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 improvements—including 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. Don’t miss this exceptional opportunity to own a turnkey coastal asset with significant income growth potential in one of Southern California’s premier beach communities.
For sale
Listing Provided by:
Rick Applebaum DRE #01273871 rma@morganskenderian.com,
Morgan Skenderian
$3,150,000
230 Avenida Montalvo, San Clemente, CA 92672
12beds
12baths
4,926sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$639/sqft
$-- HOA
What's special
Unobstructed ocean viewsStunning ocean viewsPrivate balconies or patiosCarport and driveway parking
- 29 days
- on Zillow |
- 1,444 |
- 74 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 12:49pm
Listing Provided by:
Rick Applebaum DRE #01273871 rma@morganskenderian.com,
Morgan Skenderian
Source: CRMLS,MLS#: PW25170151
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Forced Air
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,926
- Total interior livable area: 4,926 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Carport spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: street
- Pool features: None
Lot
- Size: 8,888 Square Feet
- Features: Sloped Down
Details
- Parcel number: 06013115
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
Location
- Region: San Clemente
Financial & listing details
- Price per square foot: $639/sqft
- Date on market: 7/29/2025
- Cumulative days on market: 334 days
- Listing terms: Cash to New Loan
- Loading
- Loading