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408 Avenida Presidio
About This Property
Every detail has been thoughtfully selected to deliver a polished, modern coastal aesthetic: smooth stucco exterior finishes, sleek smooth-wall interiors, warm hardwood accents, clean architectural lines, and elevated designer finishes throughout.
The showpiece kitchen is both beautiful and functional, featuring rich walnut cabinetry, a 48-inch commercial-style range, drawer microwave, dishwasher, and striking column refrigerator and freezer. It is a space equally suited for effortless everyday living and unforgettable entertaining. Adding to the home's exceptional versatility, the property offers the opportunity for a future accessory dwelling unit (ADU). Utilities have been made available for ADU construction, creating an exciting possibility for a private guest retreat, multigenerational living, home office, fitness studio, or potential income-producing space
This is more than a new home-it is a rare opportunity to own a stunning, view-driven coastal retreat in one of San Clemente's most desirable settings. From the dramatic architecture to the extraordinary views and curated finishes, every element has been designed to make a lasting impression.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Listed by Coldwell Banker Platinum Prop | $4,199,999 | |
| Listed by Coldwell Banker Platinum Prop | |||
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | Listed by Keller Williams OC Coastal Realty | $1,300,000 | |
| Listed by Keller Williams OC Coastal Realty | |||
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50 years of deferred maintenance. Very rough condition. Entered for comp purposes only. Sold prior to processing.
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Property Highlights
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About San Clemente
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017