Listing Broker: Conrad Realtors Inc
Listing Agent: Bill Conrad
License #: 01461548
949-285-5797
Colisting Agent: Kiara Jones
License #: 02090718
Rare investment opportunity in the heart of San Clemente, offering an incredible walkable location just moments from the beach, San Clemente Pier, the San Clemente Beach Trail, and the shops and restaurants of Avenida Del Mar! This beautifully remodeled triplex combines a highly desirable coastal setting with three updated residences, individual garage parking and private outdoor spaces. The lower residence features 3 bedrooms, 1.5 bathrooms, a one-car garage, and an expansive private backyard patio. Generous in size and rarely found in a multifamily property this close to the coast, the patio creates an incredible extension of the living space with plenty of room for outdoor dining, entertaining, and relaxing. The two upper residences each offer 2 bedrooms, 1 bathroom, a one-car garage, private balcony, and an ocean view. All three units have been thoughtfully remodeled with a fresh, coastal aesthetic. Light, bright, and inviting interiors feature updated kitchens with newer cabinetry, updated flooring, baseboards, and windows, along with refreshed bathrooms featuring updated tubs, sinks, and toilets. Updated garage doors further enhance the property, while shared laundry provides additional convenience. With three beautifully updated residences in turnkey condition, this property presents a compelling opportunity for investors seeking a well-positioned coastal income property with lasting tenant appeal. The combination of exceptional walkability, proximity to the beach and downtown, private outdoor spaces, and extensive improvements makes 129 Serra a standout offering in the San Clemente multifamily market.
| Listing Id: | OC26172562 |
|---|---|
| List Price: | $2,399,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active Under Contract |
| Lot Size Square Feet: | 3,920.0 |
| Lot Size Acres: | 0.09 |
| Waterfront?: | No |
| City: | San Clemente |
| County Or Parish: | Orange |
| Postal Code: | 92672 |
| Year Built: | 1963 |
| Number Of Units Total: | 3 |
| Basement Yn: | No |
| Building Area Total: | 2912.0 |
| Building Area Units: | SquareFeet |
| Common Interest: | None |
| Common Walls: | TwoCommonWallsOrMore |
| Community Features: | Biking, Curbs, Sidewalks, Park |
| Directions: | West off N El Camino Real |
| Elevation Units: | Feet |
| Entry Level: | 1 |
| Entry Location: | 1 |
| Garage Spaces: | 3.0 |
| Garage?: | Yes |
| Gross Income: | $133,800 |
| Gross Scheduled Income: | $133,800 |
| Insurance Expense: | $4,000 |
| Interior Features: | Balcony |
| Laundry Features: | CommonArea |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Contract Date: | 2026-08-07 |
| Listing Terms: | Cash, CashToNewLoan |
| Lot Features: | NearPark |
| Lot Size Acres: | 0.09 |
| Lot Size Area: | 3920.0 |
| Lot Size Source: | Assessor |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | Sc - San Clemente Central |
| Net Operating Income: | $100,350 |
| New Taxes Expense: | $24,000 |
| Number Of Buildings: | 1 |
| Number Of Separate Electric Meters: | 3 |
| Number Of Separate Gas Meters: | 3 |
| Number Of Separate Water Meters: | 1 |
| Operating Expense: | $33,450 |
| Original List Price: | $2,399,000 |
| Other Expense: | $2,500 |
| Parcel Number: | 05807312 |
| Parking Features: | Concrete, DoorMulti, Driveway, GarageFacesFront, Garage |
| Parking Total: | 3 |
| Pool Features: | None |
| Postal City: | SAN CLEMENTE |
| Property Attached?: | Yes |
| Road Frontage Type: | CityStreet |
| Road Surface Type: | Paved |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| State Or Province: | CA |
| Stories Total: | 2 |
| Trash Expense: | $900 |
| Waterfront Features: | OceanSideOfFreeway, OceanSideOfHighway |
| Water Sewer Expense: | $1,800 |
| Water Source: | Public |
| Year Built Source: | Other |
| Property Sub Type Additional: | Triplex |
| Current Price: | $2,399,000.00 |
| Country Subdivision: | 06059 |
| Record Signature: | -1,325,460,746 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06059:05807312 |
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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























































