Real Estate Investing in San Clemente, California (92673)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92673 (San Clemente, CA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 35.6 — hard to cash-flow at these prices.
What’s happening in San Clemente, CA (92673)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92673 San Clemente
ZIP 92673 in San Clemente, CA carries a solid set of headwinds. Home values near $1.8M and rents of $4,095/mo sit inside a market where underwriting has to be tight.
The 92673 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 92673 sits on the difficult end of the CA spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 92673 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 92673 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in San Clemente:
Property Strategy for 92673
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $973,672 | $4,740 | 3.5% | +8.4% | $486,836 |
| 3BR | $1,359,161 | $6,430 | 3.4% | +10.8% | $453,054 |
| 4BR | $1,766,865 | $7,680 | 3.1% | +11.7% | $441,716 |
| 5BR | $2,275,844 | — | — | +12.8% | $455,169 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92673 Compare?
| Metric | 92673 | San Clemente | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,750,831 | $1,749,799 | N/A | $761,003 |
| 5-Year CAGR | 8.4% | 8.6% | N/A | 5.7% |
| Avg Rent | $4,095 | $3,733 | N/A | - |
| Cap Rate | 1.8% | 1.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92673 (San Clemente, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 92673 (San Clemente, CA)?
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Property managers serving Orange County
Manage rentals here? List your business →Action Property Management is an HOA management company serving various community types including large scale, high rise, new development, condos, and hotel residential. summary from their website
Affinity Property Management, Inc. provides world-class service in property management, adapting to client needs and offering solutions for owners and tenants. summary from their website
Aperto Property Management, Inc. aims to maximize real estate asset value and achieve investment goals through vision, professionalism, and personal service. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,750,831 |
| Monthly Rent | $4,095 |
| Price-to-Rent | 35.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +8.4% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | +19.2% ▲ |
| 3-Year CAGR | +7.9% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 92673
Population: 29,828
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 92673
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,023 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors worry about vacancy in San Clemente, CA?
San Clemente, CA sees elevated vacancy, which is reasonable relative to the broader CA rental market.
How deep is the rental pool in San Clemente, CA?
Expect a solid tenant pool in San Clemente, CA. The rental market absorbs $4,095/mo rents without meaningful friction.
Is San Clemente in CA worth investing in?
Investors tracking San Clemente, CA will find a 3.0/5 rating supported by $1.8M median home values and $4,095/mo rents. That profile suits long-term holders targeting steady returns.
Is San Clemente, CA suited for a house hack?
The a tougher house-hack environment in San Clemente, CA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How much rent can I charge in San Clemente, CA?
San Clemente, CA rentals go for roughly $4,095/mo a month. That puts gross yield in solid territory relative to $1.8M acquisition costs.
You know 92673 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 92673 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 92673 ranks in Los Angeles-Long Beach-Anaheim, CA
Every ZIP in this metro, ranked. Free.
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