Listing Broker: Morgan Skenderian
Listing Agent: Rick Applebaum
License #: 01273871
rma@morganskenderian.com
Colisting Agent: Paul Espinosa
License #: 01942627
103 Avenida Aragon offers coastal lifestyle, strong income, and upside potential in one of San Clemente's most desirable rental markets. Set two blocks from the beach, the property features a single-story, detached 3-bedroom, 2-bathroom front home with a remodeled kitchen, cozy fireplace, indoor laundry, and a private front yard. Behind the main residence are three additional 1-bedroom, 1-bathroom units—two situated above the garage sharing an adjoining balcony, and one on the main level. Recent capital improvements—new roof, new interior plumbing, new concrete driveway, new exterior paint, new windows, and new garbage disposals—reducing near-term expenses. With a projected 18% rental upside, the asset presents a compelling opportunity for investors or owner-users seeking coastal cash flow and growth.
| Listing Id: | PW26199420 |
|---|---|
| List Price: | $2,150,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Apartment |
| Status: | Active |
| Lot Size Square Feet: | 4,195.0 |
| Lot Size Acres: | 0.0963 |
| Waterfront?: | No |
| City: | San Clemente |
| County Or Parish: | Orange |
| Postal Code: | 92672 |
| Year Built: | 1952 |
| Number Of Units Total: | 4 |
| Basement Yn: | No |
| Building Area Total: | 2500.0 |
| Building Area Units: | SquareFeet |
| Common Interest: | CommunityApartment |
| Common Walls: | NoCommonWalls |
| Community Features: | Biking, Curbs, DogPark, Fishing, Hiking, Sidewalks |
| Directions: | West of the 5 Freeway and South of N. El Camino Real |
| Elevation Units: | Feet |
| Entry Level: | 1 |
| Entry Location: | Street |
| Fuel Expense: | 0.0 |
| Garage Spaces: | 2.0 |
| Garage?: | Yes |
| Gardener Expense: | $1,200 |
| Gross Income: | $125,106 |
| Gross Scheduled Income: | $125,106 |
| Insurance Expense: | $3,700 |
| Laundry Features: | CommonArea |
| Licenses Expense: | $400 |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Contract Date: | 2026-09-11 |
| Listing Terms: | CashToNewLoan |
| Lot Features: | RectangularLot |
| Lot Size Acres: | 0.0963 |
| Lot Size Area: | 4195.0 |
| Lot Size Source: | Assessor |
| Lot Size Units: | SquareFeet |
| Maintenance Expense: | $3,000 |
| MLS Area Major: | Sc - San Clemente Central |
| Net Operating Income: | $88,625 |
| New Taxes Expense: | $21,787 |
| Number Of Buildings: | 2 |
| Number Of Separate Electric Meters: | 4 |
| Number Of Separate Gas Meters: | 4 |
| Number Of Separate Water Meters: | 1 |
| Operating Expense: | $32,727 |
| Original List Price: | $2,150,000 |
| Parcel Number: | 69239210 |
| Parking Total: | 2 |
| Pool Features: | None |
| Postal City: | SAN CLEMENTE |
| Rent Control?: | Yes |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| State Or Province: | CA |
| Stories Total: | 2 |
| Trash Expense: | $1,320 |
| Vacancy Allowance: | 3753 |
| Vacancy Allowance Rate: | 3.0 |
| Water Sewer Expense: | $1,320 |
| Water Source: | Public |
| Year Built Source: | PublicRecords |
| Property Sub Type Additional: | Apartment |
| Current Price: | $2,150,000.00 |
| Country Subdivision: | 06059 |
| Record Signature: | -50,971,433 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06059:69239210 |
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of October 08, 2026. 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. 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, 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.
California Regional Multiple Listing Service, Inc. data last updated on October 08, 2026 02:13 PM - PT
Property Last Updated: October 08, 2026 02:13 PM - PT
