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Stacey Alysson Melman

211 W Marquita
San Clemente, CA, 92672
$8,850,000
Beds
0 Baths
0 SqFt
0.61 Acres
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MLS #OC26158213 image #0
211 W Marquita is a 24+1 unit multifamily property located in San Clemente, California. Built in 1951 and 1971, the property features an estimated 11,827 rentable square feet on a 0.61-acre lot, with a unit mix consisting of 21 one-bedroom/one-bath units, three studio units, and one non-conforming studio unit. The property also offers 23 garage spaces, 10 surface spaces, and an on-site laundry facility. 211 W Marquita is positioned in one of San Clemente’s most desirable coastal rental environments, within walking distance of beaches, schools, local shops, restaurants, bars, and everyday conveniences. The property benefits from proximity to the Avenida Del Mar dining and retail corridor, the San Clemente Pier, coastal trails, and the recently opened Miramar Food Hall in North Beach. This location provides tenants with the walkable coastal lifestyle that continues to drive demand throughout San Clemente. The offering provides investors with a clear value-add opportunity through both interior and operational upside. A new owner could pursue a comprehensive property and unit renovation program to better align the asset with current market expectations, as renovated apartment units in San Clemente have demonstrated the ability to achieve meaningful rental premiums. In addition, the property currently does not have a RUBS program in place, creating the potential to recapture a portion of utility expenses, while the existing garage and surface parking may provide an additional opportunity to generate revenue. With its coastal San Clemente location, substantial parking supply, and multiple avenues to improve income, 211 W Marquita offers investors the opportunity to reposition a well-located asset in one of South Orange County’s most supply-constrained rental markets.
AGENT: Tyler Leeson
LISTING BROKERAGE: Marcus & Millichap RE Invest
211 W Marquita
San Clemente, CA

Property Details

Price:
$8,850,000
MLS #:
OC26158213
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
scsanclementecentral
Listed Date:
Jul 20, 2026
Total Sq Ft:
11,827
Lot Size:
26,572 sqft / 0.61 acres (approx)
Year Built:
1971
Sc – San Clemente CentralScsanclementecentral
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Schools

Interior

Laundry Features
CM
Levels
C

Exterior

Common Walls
NCW
Community Features
SDW, SL, CRB, CW
Garage Spaces
23
Parking Spots
33
Parking Total
33

Financial

Gross Operating Income
$623,136
Maintenance Fee
$25,000
Net Operating Income
$397,852

Map

Community

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