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Sold on 02/16/2026

256 Avenida Lobeiro, San Clemente, CA 92672

  • $3,850,000

    Last sold 02/16/2026 after 24 Days

  • 10

    bed

  • 10

    bath

  • 6,266

    Sqft ($614/Sqft)

Multi-family not for sale
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About 256 Avenida Lobeiro

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 6,120 Sqft
Parking 5 garage spaces
Property description
San Clemente coastal multifamily opportunity steps from Calafia Beach & Coastal Trail. 256 Avenida Lobeiro is a 5-unit, all 2-bed property with select ocean-view units, private balconies, and modern updates - including a penthouse with $50K in upgrades. Strong in-place current cap rate of 4.07%. Owned solar, garages, community laundry, and fresh 2025 exterior paint. Located in a Short-Term Rental Zone and walkable to beaches, parks, and trail.
Listed by
Listing Agent - Michael O'Neill II
Listing Office - CB Richard Ellis, Inc.
Source: The MLS mls logo
MLS#26641393 • last updated 4 months ago
Movoto checked The MLS for data 5 minutes ago
Overview
Levels/Style Two
MLS # 26641393
Type Residential Income
Status Sold
SqFt 6266
Lot Size (SqFt) 6120
Lot Size (Acres) 0.14
Year Built 1969
Interior
Total # of Baths 10
Total # of Bedrooms 10
Exterior
# Garage Spaces 5
# Parking Spaces 10
Parking Desc Garage, Uncovered
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Orange
APN 060-141-16
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 20110
Unit 1: # Beds 2
Unit 1: Rent 3964
Unit 1: # Baths 2
Unit Type 2106
Unit 1: Actual Rent 19820
Total # Of Buildings 1
Net Operating Income 162434
Vacancy Rate 3%
Gross Income 238285
Gross Operating Income 231150
Gross Rent Multiplier 16.74
Total Annual Expenses 68715
We are not permitted to show value estimates for this property.
  • Mar 2026
    Public Records
  • Mar 30, 2026 Sold
    $3,850,000
  • Mar 2026
    mls logo MLS # 26641393
  • Mar 30, 2026 Sold
    $3,850,000 (-3.5%)
  • Feb 16, 2026 Pending
    —
  • Jan 21, 2026 Listed
    $3,990,000 (-0.1%)
  • Nov 2025
    mls logo MLS # OC25164829
  • Nov 4, 2025 Active
    —
  • Oct 17, 2025 Listed
    —
  • Sep 8, 2025 Active
    —
  • Aug 25, 2025 Price Change
    $3,995,000 (-2.5%)
  • Aug 5, 2025 Price Change
    $4,099,000 (-1.2%)
  • Aug 5, 2025 Listed
    $4,150,000 (-0.7%)
  • Jan 2022
    Public Records
  • Jan 7, 2022 Sold
    $4,180,000
  • Jan 2022
    mls logo MLS # OC21217618
  • Jan 7, 2022 Sold
    $4,180,000 (-4.5%)
  • Dec 3, 2021 Pending
    —
  • Nov 9, 2021 Active
    —
  • Sep 29, 2021 Listed
    $4,375,000 (+455.6%)
  • Dec 2015
    Public Records
  • Dec 21, 2015 Sold
    $787,500 (-50.8%)
  • Jun 2010
    Public Records
  • Jun 23, 2010 Sold
    $1,600,000 (-25.6%)
  • Dec 2009
    Public Records
  • Dec 29, 2009 Sold
    $2,150,000 (+1.2%)
  • Apr 2007
    Public Records
  • Apr 4, 2007 Sold
    $2,125,000
  • 256 Avenida Lobeiro
    $3.85M
  • San Clemente Southwest
    $2.23M
  • 92672
    $1.9M -4% y/y
  • San Clemente
    $1.92M -4% y/y
No chart available
Statistics calculated by Movoto

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7/10
Concordia Elementary School
public Grades K-5
Capistrano Unified School District
6/10
Shorecliffs Middle School
public Grades 6-8
Capistrano Unified School District
8/10
San Clemente High School
public Grades 9-12
Capistrano Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 256 Avenida Lobeiro
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