$390,000
●
Land -
Off Market
256 W Avenida Palizada
San Clemente, CA 92672
Studio
0 Bath
$703,838
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
LOCATION! LOCATION! LOCATION! Easy walking distance to beach
access, Linda Lane Park and popular Avenida Del Mar! Beach access
takes you to the San Clemente Beach trail which leads to the San
Clemente Pier, restaurants and past many surf breaks! Avenida Del
Mar hosts multiple fun restaurants and shopping! This lot is in the
heart of it all! Home on the lot next door (306 Encino Ln) is also
listed for sale! Great opportunity to buy both!
Unit Size
-
Days on Market
37 days
Land Size
0.15 acres
Price per sqft
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Property Type
Land
Property Taxes
-
HOA Dues
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Year Built
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #OC20058031)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| May 3, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Relisted | $925,000 | |
| Relisted | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Mar 29, 2026 | Listed by Roger Glenn Ashworth, Broker | $770,000 | |
| Listed by Roger Glenn Ashworth, Broker | |||
| | |||
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Premier Coastal Development Opportunity
Easy walking distance to beach access, Linda Lane Park and popular Avenida Del Mar with loads of restaurants and shopping. Beach access takes you to the San Clemente Beach trail which leads to the San Clemente Pier, restaurants and past many surf breaks! Investors and builders will appreciate the immense value of the previously approved Coastal Commission plans for a 2,807 sq. ft. single-family home (4BR/4BA/3-car garage). Alternatively, explore the potential for a multi-unit build in this high-demand market.
This is a rare chance to secure a footprint in a premier coastal market where inventory is scarce and demand remains timeless. Perfect for builders seeking their next flagship project or investors looking for a high-yield coastal asset.
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About San Clemente
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Listed by: Jeremy Conrad, Conrad Realtors Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC20058031
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC20058031
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