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.
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Listing Snapshot
Price
$3,150,000
Days On Site
6 Days
Bedrooms
N/A
Inside Area (SqFt)
4,926 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.204 Acres
Year Built
1964
MLS® Number
PW25170151
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
6 days ago
Listing first seen on site
6 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.204
Carport
6
Number Of Stories
2
Parking Spaces
6
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
4926
Stories
Two
Water Source
Public
Zoning
R-3
Interior Features
Heating
Forced Air
Laundry Features
Washer HookupElectric Dryer Hookup
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Exterior Features
Lot Features
Sloped Down
Pool Features
None
Community Features
Building Access
street
Community Features
CurbsSidewalks
MLS Area
699 - Not Defined
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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