$3,850,000
$3,990,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
10 Baths
6,266 SqFt
SOLD DATE : 03/30/2026
Key Details
Sold Price $3,850,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,266 sqft
Price per Sqft $614
MLS Listing ID 26641393
Sold Date 03/30/26
Bedrooms 10
Year Built 1969
Lot Size 6,120 Sqft
Acres 0.14
Property Sub-Type Multi-Family
Property Description
San Clemente coastal multifamily opportunity steps from Calafia Beach & Coastal Trail. 256 Avenida Lobeiro is a 5-unit, all 2-bed property with select ocean-view units, private balconies, and modern updates - including a penthouse with $50K in upgrades. Strong in-place current cap rate of 4.07%. Owned solar, garages, community laundry, and fresh 2025 exterior paint. Located in a Short-Term Rental Zone and walkable to beaches, parks, and trail.
Location
State CA
County Orange
Area San Clemente Southwest
Rooms
Other Rooms None
Interior
Heating None
Cooling None
Equipment None
Exterior
Parking Features Garage, Uncovered
Garage Spaces 10.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with CB Richard Ellis, Inc.
Nearby Locations
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