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Five-Unit Apartment Building with Ocean Views
New
For Sale
$4,950,000

139 Avenida Sierra, San Clemente, CA 92672

Five-unit, ocean-side apartment property with four leased units, an ADU opportunity, shared laundry, and ocean views.

Lot Size0.41 Acres
Days on Market5

Property Features for 139 Avenida Sierra

General Information

Standard status Active
Lot size 0.41 Acres
Property subtype Investment
Occupancy 80%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 5

Amenities

shared laundry facilities

Building Details

Building Size 3,678 SF
Year Built 1948
Listing Agency:
Listed By: Matthew Clark · License #01703795
Source: Elliman
Added: Jul 29 Changed: Jul 30 Last Checked: Aug 1 at 9:35AM

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 Matthew Clark

Investment Insights

Based on property information with market context.

Apartment investment property with five units across approximately 18,000 square feet of land, located on the ocean side of the I-5 freeway. The offering spans three parcels: 135, 137, and 139. Four of the units are currently leased, and the fifth unit presents an additional ADU opportunity that can be completed and upgraded with proper permitting.

The upper unit is described as offering ocean views. The property also includes shared laundry facilities and three 1-car garages, along with abundant parking for residents and guests.

Built in 1948, this multi-parcel, multi-unit setup is positioned within an established residential neighborhood. The location is described as being minutes from beaches, parks, downtown San Clemente, and Metrolink access, with nearby dining and shopping options.

Key Highlights

  • Five units across approximately 18,000 square feet of land
  • Four units currently leased; fifth unit includes ADU opportunity with proper permitting
  • Three parcels included: 135, 137, and 139

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Locksmith Supermarket Veterinary Clinic Mobile Phone Store

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

5
Residential units
80%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,363
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit, ocean-side apartment property with four leased units, an ADU opportunity, shared laundry, and ocean views.
Where is this apartment building located?
The property is located at 139 Avenida Sierra San Clemente, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Five units across approximately 18,000 square feet of land; Four units currently leased; fifth unit includes ADU opportunity with proper permitting; Three parcels included: 135, 137, and 139
More about this property
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