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Coastal Triplex with Private Garages
New
For Sale
$2,299,000

803 Calle Puente, San Clemente, CA 92672

Triplex with three separately rented units, each featuring a private one-car garage and private outdoor space.

Days on Market5

Property Features for 803 Calle Puente

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Investment

Amenities

shared on-site coin-operated laundry

Building Details

Building Size 3,050 SF
Year Built 1972
Buildings 1
Tenancy Multi
Listing Agency: Lifetime Realty, Inc.
Listed By: Gabriela Cernikova · License #01367651
Source: Elliman
Added: Jul 28 Changed: Jul 29 Last Checked: Aug 1 at 8:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lifetime Realty, Inc.

Investment Insights

Based on property information with market context.

This coastal triplex includes three separately rented units, each with its own private one-car garage. The residences offer outdoor living options that may include private balconies, a spacious deck, or a fenced yard, depending on the unit. Interior updates include vinyl plank flooring and fresh interior paint. Unit finishes also include functional kitchens, with stainless steel appliances noted in select units, and a mix of one-, two-, and three-bedroom floor plans. A shared, on-site coin-operated laundry is also available for residents.

The property is described as approximately two blocks from the beach and near scenic coastal trails, with about six blocks to the downtown district. Public remarks also note that owners currently pay water, sewer, trash, and hot water.

The offering presents a straightforward income property configuration with three independent units and resident convenience features supported by the on-site laundry and each unit’s private garage and outdoor space.

Key Highlights

  • 1972‑built triplex with three separately rented units
  • Each unit includes a private one‑car garage
  • Private outdoor space for each unit, including balconies, a spacious deck, or a fenced yard

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $95.2k $31.20
− Vacancy −$3.3k −$1.07
EGI $91.9k $30.13
− OpEx −$27.6k −$9.04
NOI $64.3k $21.09
3,050 SF · lease $31.20/SF/yr · vacancy 3.42% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$919.1K
$804.2K – $1.07M (±1% cap)
NOI $64,334 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$831.7K
$727.7K – $970.3K (±1% cap)
NOI $58,216 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.02M
$896.4K – $1.20M (±1% cap)
NOI $71,710 @ 7.0% cap · market cap 3.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Supermarket Locksmith Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,447
Businesses Nearby

Demographics for 92672, CA

41,067
Population
17,487
Households
2.3
Avg Household Size
37
Median Age
48%
College-Educated
93%
High-School Grad
35.6 sq mi
ZIP Area
1,154
Density / Sq Mi
$109,991
Median Household Income
$54,874
Median Earnings
$2,370
Median Rent
$1,240,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex with three separately rented units, each featuring a private one-car garage and private outdoor space.
Where is this triplex located?
The property is located at 803 Calle Puente San Clemente, CA.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: 1972‑built triplex with three separately rented units; Each unit includes a private one‑car garage; Private outdoor space for each unit, including balconies, a spacious deck, or a fenced yard
More about this property
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