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120 E MariposaSan Clemente, CA 92672

For Sale

$1,549,999

Smart Buyer Rebate $15,500

Stunning, fully remodeled 2-unit coastal property offering breathtaking ocean views in one of San Clemente's most sought-after neighborhoods. This turnkey investment has been rebuilt from top to bottom with high-end finishes and thoughtful upgrades throughout nothing has been overlooked.

Both units feature new vinyl plank flooring, fresh interior paint, and all-new doors and windows dressed with custom shutters that add a clean, coastal elegance to every room. Beautifully renovated bathrooms showcase new tubs, custom tilework, updated vanities, modern fixtures, and ceiling ventilation fans for added comfort. The kitchens are truly the highlight quartz countertops, custom tile backsplashes, new cabinetry, stainless steel appliances, and included refrigerators deliver a high-end feel that tenants and buyers love.

Each unit enjoys its own private, sectioned exterior yard space with newly added side gates providing security and privacy, along with its own dedicated single-car garage featuring epoxy-coated flooring, a new garage door, and opener. A shared laundry room with stacked washer and dryer units is conveniently accessible to both tenants, keeping daily life simple and hassle-free. Newly replaced water heaters in both units ensure efficiency and peace of mind for years to come. Refreshed hardscape ties the entire exterior together seamlessly.

The location is exceptional. Walking distance to Old Town San Clemente's acclaimed dining scene, boutique shops, and vibrant weekend farmers market. Just a short drive to the San Clemente Pier, world-class surf breaks, and miles of pristine coastline. San Clemente consistently ranks among Southern California's most desirable coastal communities and for good reason.

Whether you're an investor seeking strong rental income, a buyer looking to live in one unit while the other pays your mortgage, or someone exploring the short-term rental market, this property delivers on every level. Dual income, ocean views, a prime walkable location, custom finishes, and a complete top-to-bottom remodel opportunities like this are exceptionally rare. Do not miss it.

Listed by Ray Miramontes

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License #01931740

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Circle Real Estate

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ray@mira-realestate.com

Listed by Brittany Miller

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License #02083260

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Circle Real Estate

Last updated March 19, 2026

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Source: CRMLS #PW26042238

Listing Facts

  • TypeMulti-family
  • NeighborhoodSan Clemente
  • Days on Prevu1

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

03/19/2026
Listed by Circle Real Estate
$1,549,999

Property Details for 120 E Mariposa

Association

Amenities

  • Community Features: Biking, Curbs, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Property Condition: Updated/Remodeled, Turnkey
  • Roof: Asphalt, Shingle
  • Stories: 1
  • Stories Total: 1
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Year Built: 1953
  • Architectural Style: Bungalow
  • Common Walls: 1 Common Wall,No One Above,No One Below
  • Construction Materials: Copper Plumbing
  • Entry Level: 1
  • Entry Location: 1
  • Exterior Features: Lighting

Features

  • Fencing: Fair Condition, New Condition, Wood
  • View: Catalina, Ocean

Measurements

  • Building Area Total: 1,500
  • Building Area Units: Square Feet
  • Lot Features: Gentle Sloping, Level, Yard
  • Lot Size Acres: 0.09
  • Lot Size Area: 3,920
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,920
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $75,600.00
  • Operating Expense: $5,320.00

Taxes

  • Parcel Number: 05714115

Interior

Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Water Heater, Microwave
  • Flooring: Vinyl
  • Interior Features: Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom On Main Level

Other

Features

  • Accessibility Features: Safe Emergency Egress From Home, No Stairs, Parking, Accessible Doors, Accessible Entrance

Location

  • Subdivision Name: SW - San Clemente Southwest
  • Tax Block: 3
  • Tax Lot: 15

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 3
  • Parking Features: Concrete, Door-Multi, Driveway, Garage Faces Front, Garage, On Site, Paved, Private
  • Parking Total: 5

Utilities

Equipment

  • Cooling: Ductless, Electric, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
  • Has Cooling: Yes
  • Electric: Electricity - On Property, 220 Volts
  • Heating: Ductless, Electric, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
  • Has Heating: Yes
  • Laundry Features: Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
  • Sewer: Public Sewer,Sewer Tap Paid
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 120 E Mariposa.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 120 E Mariposa.

How does 120 E Mariposa compare to other multi-family homes in San Clemente?

This multi-family home is listed 41% below the average price for multi-family homes in San Clemente and has been on the market for 45 less days than the typical home in this area.

120 E Mariposa is a -bedroom multi-family home for sale in San Clemente CA 92672. Listed on Prevu for 1 days at $1,549,999. This residence is located in San Clemente. The median listing price for multi-family homes in this area is $2,411,500. Property amenities include dishwasher and parking. View other multi-family home listings in California.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.