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
MLS #
CRPW25170151
MLS Source
California Regional MLS
Heating
Forced Air
Garage/Parking
Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
230 Avenida Montalvo is a Residential Income in San Clemente, CA 92672. This – square foot property sits on a 8,888 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,675,000 and was built in 1964. This address can also be written as 230 Avenida Montalvo, San Clemente, CA 92672.
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This listing information is up-to-date as of November 20, 2025. For the most current information, please contact Rick Applebaum