2603 Calle Del Comercio, San Clemente, California 92672, San Clemente, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,899,990
2603 Calle Del Comercio, San Clemente, California 92672
0Bed
0Bath
2,430Sqft
4,792Lot
Year Built
1957
Close
-
List price
$1.9M
Original List price
$2.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25010259
Home ConditionFair
Features
Good View: Neighborhood
Deck
Patio
ViewNeighborhood

About this home

LOWEST PRICED FOUR PLEX IN SAN CLEMENTE AND DANA POINT! FANTASTIC VALUE! This fourplex backs to the San Clemente Municipal golf course and each unit has a large outdoor area, 2 beds/2 baths, 1 car garage and 1 car driveway. The back units have patios the touch the golf course and the front units have large balconies. One unit is vacant and recently remodeled, ready to rent and available to show now. All four units are identical floorplans at about 600 sf each. The location of this income property is ideal for occupants with nearby freeway access and is a short distance to the beach. The property recently received a new roof, new exterior paint, and termite clearance.

Price History

Date
Event
Price
09/28/25
Price Change
$1,899,990-1.3%
08/29/25
Price Change
$1,924,990
02/06/25
Listing
$2,199,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (23 Listings)
Beds00
Baths00
Square foot2,4302,385
58%
Lot Size4,7923,920
71%
Price$1.9M$1.73M
67%
Price per square foot$782$753.5
50%
Built year19579815982
42%
HOA
Days on market272158
79%
Condition Rating
Fair

This fourplex, built in 1957, presents a mixed condition. One unit has been recently remodeled to a high standard, featuring modern white shaker cabinets, stainless steel appliances, contemporary flooring, and updated bathrooms with marble-look tile and modern fixtures. However, images of other units reveal older, dated kitchens with white appliances, laminate countertops, and older cabinetry, as well as bathrooms with older tile and fixtures. While the property benefits from a new roof, exterior paint, and termite clearance, the overall condition is pulled down by the un-renovated units. It's aged but maintained, with significant updates to one unit and the building's exterior, but the remaining units require substantial interior updates to match the remodeled one.
Pros & Cons

Pros

Exceptional Value & Income Potential: Positioned as the 'LOWEST PRICED FOUR PLEX IN SAN CLEMENTE AND DANA POINT,' offering a strong investment opportunity with immediate rental income from a vacant, remodeled unit.
Prime Location & Lifestyle Amenities: The property backs directly onto San Clemente Municipal Golf Course, with easy freeway access and a short distance to the beach, highly attractive for tenants seeking coastal living and convenience.
Recent Capital Improvements: Significant updates including a new roof, new exterior paint, and termite clearance reduce immediate maintenance burdens and enhance property appeal.
Individual Unit Features: Each unit benefits from a private outdoor area (golf course patios or large balconies), a dedicated 1-car garage, and a 1-car driveway, adding significant value and tenant appeal.
Immediate Income & Turnkey Unit: One unit is vacant and recently remodeled, ready for immediate occupancy and income generation, simplifying the investor's initial leasing process.

Cons

Compact Unit Sizes: All four units are relatively small at approximately 600 sq ft each, which might limit the tenant pool or potential rental income compared to larger units in the area.
Property Age & Potential System Updates: Built in 1957, despite recent cosmetic and structural updates, older underlying systems (plumbing, electrical, HVAC) may require future capital expenditure.
Limited Premium Views: While back units enjoy golf course views, the front units' balconies offer a 'Neighborhood' view, lacking the premium ocean or panoramic views often sought after in San Clemente.

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