CBRE Arranges San Clemente Multifamily Sales

CBRE finalized the sales of two six-unit multifamily properties in San Clemente to individual private investors, resulting in a combined sale price of $5,545,000. EVP Dan Blackwell, first VP Mike O’Neill and associate Amanda Fielder represented both the buyers and the same seller in the two transactions.

In the first transaction, Blackwell, O’Neill and Fielder represented the repeat client investors, a private buyer from San Clemente and the San Diego County-based seller, in the $2,820,000 sale of a six-unit, 3,535-square-foot multifamily property at 306 Cazador Ln. in San Clemente.

In the second transaction, Blackwell, O’Neill and Fielder represented the repeat buyer, a private buyer from Newport Beach, and the San Diego County-based seller, in the sale of a six-unit, two-story multifamily property at 239 Avenida Pelayo for $2,725,000.

“The San Clemente market offers multifamily investors a rare blend of coastal charm, robust rental demand, and promising investment potential,” said O’Neill. “With its desirable location and strong demographics, San Clemente presents an excellent opportunity for investors seeking long-term growth and stability in the coastal multifamily sector.”