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256 Avenida Lobeiro
For Sale $3,990,000 ($636.77 per Sq Ft)
$3,990,000 ($636.77 per Sq Ft)
- 5 Units
- 6,266 Sq Ft
- 6,120 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,990,000 |
| Property Type | Multi-Family |
| Usable Sqft | 6,266 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1969 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 06014116 |
| MLS # | 26641393 |
| Property ID | 294602558 |
| Lot Sqft | 6,120 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 9 |
| Original List Price | $3,990,000 |
| Date Updated | January 29, 2026 |
| Date Created | January 21, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 2.00 | $3,964 | $20,110 |
| Gross Income (Yr) | $ 231,150 |
| Operating Expenses | $ 68,715 |
| Net Income (Yr) | $ 162,434 |
Listing Provided By
Michael O'Neill II an agent of . Lic #02036937
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Robert Crawford
REAL ESTATE AGENT