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$2,675,000
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Property Description
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.
Full Property Details
Full Property Details for 230 Avenida Montalvo
General
- Sold For: $2,675,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25170151
- Added to Site: 172 day(s) ago
Rooms
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Location
- Area: 699 - Not Defined
- County: Orange
- Development Name: 699 - Not Defined
- Driving Directions: South of S. Ola Vista
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: street
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,926
- Year Built: 1964
Unit Information
Unit 1
- Number of Units: 6
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.204
- Lot Size Source: Assessor
- Zoning: R-3
- Lot Description: Sloped Down
Financial Considerations
- Price Per Sq. Ft.: $543.04
- Price Per Unit: 525000
Listed and Sold by Morgan Skenderian, Rick Applebaum
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Schools
Schools serving 230 Avenida Montalvo
School District:Capistrano Unified School District
| Name | Grades | Distance |
|---|---|---|
Concordia Elementary School 3120 Avenida Del Presidente, San Clemente, CA 92672 | PK-5 | 0.5 mi |
Shorecliffs Middle School 240 Via Socorro, San Clemente, CA 92672 | 6-8 | 3 mi |
San Clemente High School 700 Avenida Pico, San Clemente, CA 92673 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 230 Avenida Montalvo
Date
Details
Price
Change
Source
11/19/2025
Sold
$2,675,000
-15.08%
MLS
7/29/2025
Listed
$3,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
230 Avenida Montalvo, San Clemente, CA 92672 (MLS# PW25170151) is a Multi-Family property that was sold at $2,675,000 on November 19, 2025. Want to learn more about 230 Avenida Montalvo? Do you have questions about finding other Multi-Family real estate for sale in San Clemente? You can browse all San Clemente real estate or contact a Coldwell Banker agent to request more information.

