252 Avenida Lobeiro, San Clemente, California 92672, San Clemente, - bed, bath

home-pic
ACTIVE$4,325,000
252 Avenida Lobeiro, San Clemente, California 92672
11Beds
10Baths
5,091Sqft
6,607Lot
Year Built
1965
Close
-
List price
$4.33M
Original List price
$4.33M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25243591
Home ConditionFair
Features
Excellent View: Bluff, Coastline, Park/Greenbelt, Ocean, Panoramic, Water
ViewBluff, Coastline, Park/Greenbelt, Ocean, Panoramic, Water

About this home

5 UNITS perfectly poised on San Clemente’s coveted "loop," just across from beach access and the sprawling San Clemente State Park, this residential offering presents an exceptionally rare opportunity. Surrounded by multi-million dollar condominiums and imbued with coastal charm, the property captures unobstructed ocean views from all units — blending lifestyle and investment seamlessly. The building is thoughtfully configured with four 2-bedroom units and one expansive 3-bedroom rear unit, the latter of which enjoys the privacy of no common walls. This ideal composition offers flexibility for a variety of ownership goals — from multi-generational living to income generation through long-term leasing and short-term rentals, for which the property is ideally located in the City's approved zone. Two of the units are furnished and ready for immediate use or leasing, while the rest invite light enhancements or upgrades to further elevate returns and long-term value. The layout fosters privacy and versatility while maintaining an intimate, boutique scale — an increasingly desirable attribute for today's discerning buyers. Steps from coastal trails, surfing spots, and the celebrated natural beauty of San Clemente State Park, 252 Avenida Lobeiro allows for effortless access to outdoor recreation. Whether as a full-time residence, a part-time coastal retreat with revenue upside, or a diversified investment in a premier beachside enclave, this property stands as a rare and compelling proposition.

Price History

Date
Event
Price
10/20/25
Listing
$4,325,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (23 Listings)
Beds110
21%
Baths100
21%
Square foot5,0912,385
96%
Lot Size6,6073,920
88%
Price$4.33M$1.73M
88%
Price per square foot$850$756
63%
Built year19659815982
71%
HOA
Days on market16156
4%
Condition Rating
Fair

Built in 1965, this property's interiors, particularly the kitchens and bathrooms, are functional but significantly dated. Appliances are white, cabinets and countertops are basic, and light fixtures are older styles. While the property appears well-maintained and livable, the visible renovations likely occurred 15-30 years ago, requiring cosmetic updates to meet current market standards, as also suggested by the listing's mention of 'light enhancements or upgrades' for some units.
Pros & Cons

Pros

Premier Coastal Location: Situated on San Clemente's coveted 'loop,' directly across from beach access and San Clemente State Park, offering unparalleled access to coastal amenities and recreation.
Unobstructed Ocean Views: All five units boast unobstructed ocean views, significantly enhancing desirability, rental appeal, and long-term property value.
Versatile Income Generation: Approved for short-term rentals and ideal for long-term leasing or multi-generational living, providing diverse and robust income potential in a high-demand market.
Multi-Unit Configuration: Comprising five units (four 2-bedroom, one 3-bedroom), the property offers diversified rental income streams and caters to a broad tenant base.
Immediate Occupancy/Income: Two units are fully furnished and ready for immediate occupancy or leasing, providing instant cash flow or owner-use options without delay.

Cons

Property Age & Potential Upgrades: Built in 1965, the property may require significant capital investment for system updates or comprehensive renovations beyond the 'light enhancements' mentioned for some units.
Partial Renovation Required: While two units are ready, the remaining units 'invite light enhancements or upgrades,' indicating additional time and financial investment are needed to maximize returns across the entire property.
High Capital Outlay: The list price of $4.325 million represents a substantial initial investment, which may narrow the pool of potential buyers despite the property's strong income potential.

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