Condominium In San Clemente

Live the San Clemente Coastal Lifestyle While Rental Income Helps Offset Your Mortgage Imagine living two blocks from the beach, with morning walks along the coast, sunsets, and the relaxed San Clemente lifestyle, while neighboring residences generate rental income. This home is a 1972 corner-lot triplex that combines coastal living with long-term investment potential. Whether you want a beachside primary residence with supplemental income or a place to build wealth through real estate, this property offers both. The three separate residences are a 3 bedroom/2 bath penthouse-style unit with an open floor plan, private staircase entry, and large private deck, a 2 bedroom/2 bath unit with a fenced-in yard and balcony, and a 1 bedroom/1 bath unit with upgraded stainless steel appliances. Each unit has its own private garage, a rare and highly desirable feature in this coastal neighborhood. Interiors feature fresh paint, plank-style flooring, and abundant natural light. Restoration work was completed in 2025. Current gross scheduled rental income is $114,480 per year, in addition to income from the on-site coin-operated laundry. The configuration also suits multigenerational living, extended family, or a straightforward income-producing hold. Two blocks to the beach and coastal trails, and six blocks to downtown San Clementes shops, restaurants, and entertainment. Three residences. Three private garages. Multiple income streams. Coastal living.