314 Avenida Madrid, San Clemente, CA 92672
-
Listed Price :
$1,999,000
-
Beds :
5
-
Baths :
3
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Property Size :
2,856 sqft
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Year Built :
1971
Property Description
HUGE PRICE REDUCTION TO SELL NOW! Don’t miss out on this rare opportunity to own one of the last affordable coastal properties in San Clemente—a prime location just one block from the sand and the iconic San Clemente Pier. Enjoy easy access to world-class surfing, oceanfront running trails, and some of the best restaurants and shops in town. This triplex is an investment gem, featuring- Two vacant two-bedroom, one-bath units ready to be rented immediately at market rates for instant income or improve to maximize rents. One oversized one-bedroom, one-bath unit with a partial ocean view, currently rented and providing consistent rental income. Three single-car garages with ample driveway space for beachside parking. A separate laundry room with a washer and dryer can be converted into a coin-operated facility for additional revenue. New furnaces in the units for added value. Whether you're looking to generate steady rental income, improve and increase value, or enjoy the ultimate beach lifestyle by living in one unit while renting out the others, this property offers incredible flexibility and potential. Seize this opportunity to own a piece of San Clemente’s coveted coastal paradise! This triplex is priced to sell quickly so don't miss out on this special location. Excellent cap rate, low maintenance building, and easy location to rent.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Laundry Room, Outside |
| Bedroom Information |
| Features |
Bedroom on Main Level |
| Bedrooms |
5 |
| Bathroom Information |
| Features |
Tub Shower |
| Bathrooms |
3 |
| Flooring Information |
| Material |
Bamboo, Carpet |
| Interior Information |
| Features |
Ceiling Fan(s), Bedroom on Main Level, Main Level Primary |
| Cooling Type |
None |
Listing Information
| Address |
314 Avenida Madrid |
| City |
San Clemente |
| State |
CA |
| Zip |
92672 |
| County |
Orange |
| Listing Agent |
Candice Blair DRE #01395953 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$1,999,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Triplex |
| Structure Size |
2,856 |
| Lot Size |
3,485 |
| Year Built |
1971 |
Listing information courtesy of: Candice Blair, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 30th, 2024 at 10:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
