514 Avenida Victoria

San Clemente, CA 92672

$2,895,000
Price
7
Beds
7
Baths
3,829 Sq. Ft.
$756 / Sq. Ft.
3,829
Sq. Ft.
$756
per Sq. Ft.

Description

Pleased to present 514 Avenida Victoria, a rare coastal triplex nestled in the heart of San Clemente’s coveted Pier Bowl! This exclusive ±3,829 SF property, built in 1975, offers spacious 2- and 3-bedroom units just half a block from the sand and iconic San Clemente Pier—the ultimate location for beachside living or investment. With stunning ocean views and ADU potential, this property provides incredible flexibility and opportunity. Located in one of the few short-term rental zones, 514 Avenida...Pleased to present 514 Avenida Victoria, a rare coastal triplex nestled in the heart of San Clemente’s coveted Pier Bowl! This exclusive ±3,829 SF property, built in 1975, offers spacious 2- and 3-bedroom units just half a block from the sand and iconic San Clemente Pier—the ultimate location for beachside living or investment. With stunning ocean views and ADU potential, this property provides incredible flexibility and opportunity. Located in one of the few short-term rental zones, 514 Avenida Victoria offers exceptional upside in rental income, making it an ideal choice for both investors and vacation-goers. Seize this unique opportunity to own in the vibrant Pier Bowl, a beloved neighborhood known for its coastal charm, walkable lifestyle, and endless access to dining, shopping, and scenic oceanfront pathways.
  1. Listed by Rick Applebaum • DRE #01273871 • Brokerage DRE #01220368 • Morgan Skenderian • rma@morganskenderian.com
  2. Listed by Paul Espinosa • DRE #01942627 • Brokerage DRE #01220368 • Morgan Skenderian

Property Details for 514 Avenida Victoria

Parking Spaces Total
8
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3829
Assessor Parcel Number
692-033-18
Property Attached YN
true
LISTING UPDATED: 11/22/2024 10:41 PM

Property Details for 514 Avenida Victoria

StatusActive
MLS #PW24239069
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size0.09 AC / 4,006 SF
CountyOrange County

Building Information for 514 Avenida Victoria

Stories3Residences-Year Built1975Building Size-Lot Size0.09 AC / 4,006 SF

Property Information for 514 Avenida Victoria

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $127,740
  • Vacancy Allowance: 3832
  • Gross Operating Income: $123,907
  • Net Operating Income: $84,953
  • Gross Multiplier: 22.66
  • Cap Rate: 2.9
Expense Details
  • Operating Expense: $38,954
  • New Taxes Expense: $29,267
  • Gardener Expense: $600
  • Fuel Expense: $655
  • Electric Expense: $655
  • Insurance Expense: $2,348
  • Maintenance Expense: $3,717
  • Other Expense: $400
  • Other Expense Description: misc
  • Trash Expense: $655
  • Water Sewer Expense: $655
  • Total Expenses: $38,954
Tax / Assessment Info
  • Tax Annual Amount: $29,267
  • Tax Block: 4
  • Tax Tract Number: 785
  • Tax Census Tract: 421.08
  • CFD/Mello-Roos Fee: $32
  • Tax Lot: 18
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Sloped Down
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,900
  • Unit Type Total Rent: $3,900
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $5,995
  • Unit Type Total Rent: $5,995
  • Unit Type Pro Forma: 5995
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 514 Avenida Victoria

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 514 Avenida Victoria

Taxable ValueLand$2,072,853Additions$300,780Total$2,373,633
Tax Record2024$24,040 ($2,003 / month)
Home Facts
Total Finished SqFt3,829 SqFtAbove Grade Finished SqFt3,829 SqFtStories2Lot Size4,006 SqFtStyleTriplexYear Built1975CountyORANGEAPN692-033-18

Schools near 514 Avenida Victoria

This home is within Capistrano Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Clarence Lobo Elementary School
PublicK to 5

Shorecliffs Middle School
Public6 to 8

San Clemente High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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514 Avenida Victoria is a multi-family home for sale in San Clemente, CA 92672. This property was listed for sale on November 22, 2024 by Morgan Skenderian, it's currently listed at $2,895,000. It has been on the market for a total of 1 days and was last sold on May 23, 2015. This listing's school district is Capistrano Unified School District. Nearby schools include Clarence Lobo Elementary School, Shorecliffs Middle School and San Clemente High School. 514 Avenida Victoria is a 7-bed, 7-bath, 3,829 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Morgan Skenderian, Rick Applebaum, DRE #01273871; Morgan Skenderian, Paul Espinosa, DRE #01942627

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.