313 Acebo Ln

Discover the allure of San Clemente, a coastal gem located in the heart of Orange County, CA. Nestled just minutes from the Pacific Ocean, the area offers an appealing blend of natural beauty and urban amenities. At the heart of its charm is the iconic San Clemente Pier and the adjacent “Pier Bowl” beach area, a walkable stretch of sand, surf, dining and leisure that serves both locals and visitors. The nearby downtown thoroughfare, Avenida Del Mar, offers a curated collection of boutiques, cafés, restaurants and galleries set in Spanish-Colonial Revival architecture, reinforcing the city’s “Spanish Village by the Sea” identity. While the city enjoys the lifestyle premium, it also supports a diversified economic base: skilled resident professionals, proximity to regional employment hubs, and strong educational attainment (about 52 % bachelor’s degree or higher). The combination of high incomes, low poverty (~5.7 %) and limited supply of new rental product further buttresses demand for rental housingMorgan Skenderian is pleased to present this exceptional coastal investment opportunity in San Clemente’s coveted Pier Bowl. This rare 7-unit apartment complex offers investors the perfect blend of prime location, turnkey condition, and income growth potential. Just steps from the sand, pier, and Avenida Del Mar (downtown), the property features ocean views from most units and an unbeatable walkable lifestyle that consistently drives tenant demand. Each two-bedroom, one-bath unit has been tastefully upgraded featuring new kitchens with modern cabinetry, stainless steel appliances, stylish tile backsplashes, and contemporary flooring throughout. The bathrooms have been fully remodeled with new vanities, tile surrounds, and shower/tubs while the building itself has been meticulously maintained with a newer roof, dual-pane windows, and fresh exterior paint—minimizing capital expenditures. Several units offer private balconies, and all benefit from covered carport parking. Located within San Clemente’s short-term rental zone, the property provides the rare ability to obtain short-term rental permits, unlocking a significant revenue stream and/or potential personal use. With approximately 26% rental upside, this is an extraordinary chance to acquire a low-maintenance coastal multifamily asset in one of Southern California’s most desirable beachside submarkets.