#PW24129788, Kee Woon Lee, Listing Office: New Star Realty & Investment
#LG25014194·
Listing Office: Berkshire Hathaway HomeServices California Properties·
Listing Agent: Jennifer Halbert·
Listing Office Phone: 949-899-2113
135 Avenida Sierra San Clemente, CA 92672
$5,500,000 List price
0.4 acres
Land
Property details
About 135 Avenida Sierra
135/137/139 Avenida Sierra | Located on the ocean side of the 5 freeway in an established San Clemente neighborhood, this multi-unit income property could be the opportunity of a lifetime. Set on three separate parcels in close proximity to local beaches, parks, the Metrolink and many shopping/dining options, the property includes approximately 18,000 square feet and five units. An ocean view is available from the upper unit and the potential exists to build a new structure up from the spacious parking lot to capitalize on panoramic views of the ocean, city lights and hillsides. Currently, the property grosses over $10,200/month; 4 of the units are rented and records are available from the owner. An additional ADU could be upfitted to receive a permit and potentially bring another income stream totaling around $1,500/month. A 3-car garage and shared laundry add to the current investment value and versatility. With the potential to subdivide and build three single family homes, the property could deliver a substantial return on investment. The options are endless: live in the upper unit and enjoy the ocean breeze while renting the others, create a family compound, realize a 1031 Exchange to avoid capital gains or purchase solely as an investment and avoid the stress/fluctuations of the financial markets. Considering the premium location and the idea that the demand for Southern California real estate is unlikely to abate, the time to act is now. With the potential for appreciation and a current income stream, this versatile property could be a chance to build a legacy spanning multiple generations.
Highlights
Home typeOther
StatusActive
Lot size0.4161 Acres
MLS #LG25014194
ViewHills, Neighborhood
Summary
- MLS Number: LG25014194
- MLS Name: CRMLS
- Office Name: Berkshire Hathaway HomeServices California Properties
- Office Phone: (949) 899-2113
- Listing Agent: Jennifer Halbert
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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135 Avenida Sierra
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 19, 2015 | Home Sold | $1,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $117,825 | $1,207 |
| 2023 | $115,515 | $1,182 |
| 2022 | $113,250 | $1,160 |
| 2021 | $111,030 | $1,137 |
History based on county public records data.
Nearby schools
5
Las Palmas Elementary School
Public District PK-5
0.4 mi
•1101 Calle Puente
5
Marblehead Elementary School
Public District KG-5
1.1 mi
•2410 Via Turqueza
6
Clarence Lobo Academy of Innovation
Public District PK-5
1.2 mi
•200 Avenida Vista Montana
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $91,563. The most common annual income of people living in San Clemente, CA is between $100k-200k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
18%
<35k
38%
35k-100k
39%
100k-200k
5%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
34%
Single, No Kids
10%
Single, with Kids
22%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Hiking/backpacking
Symphony or Opera
Where do the neighbors shop?
Banana Republic
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Sonic
Chipotle
Boston Market
What do the neighbors drive?
Infiniti
Mazda
Volvo
What do the neighbors listen to?
Urban Contemporary
Rock
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 135 Avenida Sierra
This home is located at 135 Avenida Sierra in San Clemente, CA and zip code 92672. Features: 0 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $5,500,000.
In January 2025, from all listings sold in San Clemente, CA there were more than 12 sold above asking price, over 27 sold below and more than 9 were sold right at the asked price. The number of homes for sale in San Clemente, CA increased by 13% between December and January 2025. The median list price of listings available in January 2025 was $1,700,000, while the average time on the real estate market was 55 days.
From Rocket Homes Real Estate and based on county public records data.