5 UNITS perfectly poised on San Clemente's coveted "loop," just across from beach access and the sprawling San Clemente State Park, this residential offering presents an exceptionally rare opportunity. Surrounded by multi-million dollar condominiums and imbued with coastal charm, the property captures unobstructed ocean views from all units - blending lifestyle and investment seamlessly. The building is thoughtfully configured with four 2-bedroom units and one expansive 3-bedroom rear unit, the latter of which enjoys the privacy of no common walls. This ideal composition offers flexibility for a variety of ownership goals - from multi-generational living to income generation through long-term leasing and short-term rentals, for which the property is ideally located in the City's approved zone. Two of the units are furnished and ready for immediate use or leasing, while the rest invite light enhancements or upgrades to further elevate returns and long-term value. The layout fosters privacy and versatility while maintaining an intimate, boutique scale - an increasingly desirable attribute for today's discerning buyers. Steps from coastal trails, surfing spots, and the celebrated natural beauty of San Clemente State Park, 252 Avenida Lobeiro allows for effortless access to outdoor r