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30938307
30938308

3215 S El Camino Real, San Clemente, CA 92672

ST
CA 02172754
Greysteel
Listed by Greysteel
$2,495,000
154 days on market
Updated 18 days ago

3215 S El Camino Real

Details
APN 06009347
Property Type Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 3.11%
Buildings 2
Stories 2
Acreage 0.092
Zoning Other

Multifamily | 3.11% CAP | 2 Units

Marketing description

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 Clementes 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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Listing Contacts

ST
CA 02172754
Greysteel
Listed by Greysteel

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Zoning

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MU5 MixedMixed UseEl Camino Real South East Of Interstate 5 Mixed Use
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Sean Toohey
License
02172754
Brokerage
JLM Real Estate, Inc.
Title
Real Estate Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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