$2,299,000
228 Avenida Pelayo, San Clemente, CA 92672
- 1,928 sq ft
- Built 1956
Subdivision North Beach
This property is also on the market under MLS OC26200345 (Residential).
The home
About 228 Avenida Pelayo
Set in one of San Clemente’s most up-and-coming neighborhoods, this mid-century North Beach triplex sits half a block from the ocean and close to many of the area’s exciting attractions. Each unit has a distinctly mid-century beach feel with beamed ceilings, appealing geometric lines, laminate wood-look flooring throughout, white cabinetry, and quartz countertops. All units are turnkey with the previous owner’s extensive renovations combined with the current owner’s improvements of all-new electrical panels (2024), new water heater in the 1-bedroom unit (2024), and a reverse osmosis water filtration system in the 2-bedroom unit (2023).
Set furthest back from the street, Unit C offers 2 bedrooms and 1 bath, a generously sized open floor plan, fireplace, and completely enclosed private wraparound yard complete with garden boxes. In the center of the building, Unit B offers 1 bedroom and 1 bath, an airy and open living area, and a massive private deck looking out to the neighborhood. At the front of the building, Unit A is a ground-level Studio with small fridge & freezer, induction cooktop, microwave, double-basin sink, and a private bathroom with walk-in shower. Each residence conveniently has a dedicated driveway parking spot, and Unit C currently has exclusive use of the 2-car garage. Both in-unit laundry and dedicated parking are difficult to come by for multifamily investments in this area.
This turnkey investment opportunity is currently producing $117,600 in gross annual income and located in close proximity to the beloved surf break 204’s, the new Miramar Food Hall, a 2.5-mile beach trail, neighborhood coffee shops, and bars. Also an easy bike, golf cart, or walk to Downtown’s Avenida Del Mar, and the train stops close by for commuters. A unique multifamily investment with location and architectural flair, truly a rare opportunity in San Clemente.
Property details for 228 Avenida Pelayo
This triplex sits in the North Beach neighborhood of San Clemente in Orange County. It has 1,928 square feet of living space and is listed at $2,300,000, about $1,193 per square foot. The home was built in 1956. The MLS record lists the assessor parcel number as 692-112-28. Highlights include a fireplace, a two-car garage, an updated home, and mid-century modern architecture.
Photographs
Photos of 228 Avenida Pelayo, San Clemente
Specifications
Home Details
General Features
- Property Type
- Triplex
- MLS Number
- OC26199859
- Year Built
- 1956
- Lot Size (sq ft)
- 4,356
- Lot Size (acres)
- 0.1
- Levels
- Two
- Garage Spaces
- 2
- Parking Spaces
- 5
- View
- Neighborhood
- Parcel Number
- 69211228
- On Market Date
- 2026-09-11
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Attic, Bedroom On Main Level, Main Level Primary
- Appliances
- Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Water Purifier, Dryer, Washer
- Flooring
- Laminate
- Heating
- Combination, Central, Fireplaces, Wall Furnace
- Cooling
- None
- Fireplace
- Gas, Living Room
- Laundry
- Inside, See Remarks, Stacked
- Entry Level
- 1
- Common Walls
- One Common Wall
- Windows
- Double Pane Windows
- Doors
- Sliding Doors
- Rooms
- Attic, Primary Bedroom, Other, Kitchen, Living Room, Bedroom
Exterior Features
- Architectural Style
- Mid Century Modern
- Exterior Features
- Rain Gutters
- Roof
- Bitumen, Rolled Hot Mop
- Construction
- Frame, Stucco
- Foundation
- Slab
- Lot Features
- Two To Five Units Acre
- Parking
- Driveway, Off Street
- Fencing
- Wood, Wrought Iron
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Faces
- Southeast
- Units
- 3
Community Features
- Subdivision
- North Beach
- Community Features
- Storm Drains, Street Lights
- Security
- Carbon Monoxide Detectors, Smoke Detectors
The record
Property History for 228 Avenida Pelayo
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 15, 2026 | Price reduced | $2,300,000 | From $2,350,000 |
| Sep 11, 2026 | Listed for sale | $2,350,000 | |
| Aug 27, 2022 | Sold | $2,100,000 | Coldwell Banker Realty |
| Mar 26, 2013 | Sold | $692,000 | Century 21 OMA |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 228 Avenida Pelayo
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0517K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Dana Point quadrangle, released December 21, 2001. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Dana Point quadrangle, released December 21, 2001. Checked October 15, 2026.
- Tsunami hazard area
Outside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 24 of 31 residential locations in this census block. Cable: Cox Communications, up to 2,000 Mbps, at 31 of 31. DSL: AT&T, up to 10 Mbps, at 11 of 31.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590421084002, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.6 miles away (Tesla Supercharger, 49 DC fast ports). 118 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Cost of ownership
Estimated monthly payment
7.24% · 30-yr fixed$
$17,577/mo
10% down · 30-year fixed · $230,000 down
Principal & interest$14,107
Mortgage insurance (est., over 80% LTV)$863
Property tax (est. 1.01%)$1,936
Home insurance (rough est., varies widely)$671
HOANot reported, not included
$15,147/mo
20% down · 30-year fixed · $460,000 down
Principal & interest$12,540
Property tax (est. 1.01%)$1,936
Home insurance (rough est., varies widely)$671
HOANot reported, not included
$13,579/mo
30% down · 30-year fixed · $690,000 down
Principal & interest$10,972
Property tax (est. 1.01%)$1,936
Home insurance (rough est., varies widely)$671
HOANot reported, not included
Estimated carrying cost
$2,607/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.01%)$1,936
Home insurance (rough est., varies widely)$671
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.24% (week of Oct 29, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical San Clemente rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 228 Avenida Pelayo
Want to see 228 Avenida Pelayo in person? We have guided buyers through North Beach and the wider San Clemente market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
Selling near 228 Avenida Pelayo
Thinking of selling nearby? We bring current North Beach sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
About San Clemente
San Clemente is the southernmost city in Orange County, founded in the 1920s by Ole Hanson as a Spanish Village by the Sea of white-stucco, red-tile-roofed homes overlooking the Pacific. Landmarks include the 1928 pier, the Beach Trail from North Beach to Calafia Beach, Avenida Del Mar, and the Capistrano Unified School District.
Location
Location
Nearby listings
Similar Homes for Sale in San Clemente
$2,250,000
$2,375,000
$2,399,000
$2,150,000
$2,495,000
159 Avenida RosaSan Clemente, CA 92672San Clemente Central
San ClementeSee every home for sale in San ClementeNearby sales
Recently Sold Near 228 Avenida Pelayo
$2,350,000
221 Avenida De La GrullaSan Clemente, CA 92672Sold Mar 4, 2026
$2,650,000
1512 Buena VistaSan Clemente, CA 92672Sold Apr 14, 2026
$2,845,000
137 W Avenida FlorenciaSan Clemente, CA 92672Sold Dec 1, 2025
$1,570,000
145 Avenida PelayoSan Clemente, CA 92672Sold May 26, 2026
$4,600,000
1531 Buena VistaSan Clemente, CA 92672Sold Dec 3, 2025
$1,567,700
808 Buena VistaSan Clemente, CA 92672Sold Dec 16, 2025
$1,800,000
152 W CanadaSan Clemente, CA 92672Sold Jul 27, 2026
San ClementeSee every recent sale in San ClementeJust listed
Newest San Clemente Homes for Sale
Explore
Explore San Clemente Real Estate
See every home for sale in San Clemente, or search the full Orange County MLS on our live homes search. Questions about 228 Avenida Pelayo? Talk to Realatrends.
- San Clemente Homes for Sale
- North Beach Homes for Sale
- San Clemente 92672 Homes for Sale
- San Clemente Multi-Family Properties for Sale
- San Clemente vs Dana Point
- San Clemente vs Laguna Beach
- San Clemente Open Houses
- Orange County Real Estate
Explore Orange County
Browse Homes by City
Listing alerts
Be first to see new San Clemente listings
What criteria are you looking for?
New San Clemente homes by email, often before they reach the big portals.
You are all set.
Listed by Ashley Hyde of Compass
Listing information updated Oct 15, 2026 at 3:36 PM PT. Source: CRMLS.
This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.