314 Avenida Madrid

San Clemente, CA 92672

  • 5 Bed(s)
  • 3 Bath(s)
  • 2,856 Sqft
  • 3485
    Sqft(Lot)
$1,999,000

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.

  • Property Type

    Residential
  • County

    Orange
  • Style

    Residential
  • AD ID

    47134634

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3
    • Half Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Flat,Shingle
    • Interior Features: Ceiling Fan(s),Bedroom on Main Level,Main Level Primary
    • Windows: Screens
    • Property Appliances: Dishwasher,Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater
    • Fireplace: None
    • Flooring: Bamboo,Carpet

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0
  • Building Information

    • Year Built: 1971
    • Construction: Drywall,Stucco
    • Roof: Flat,Shingle

    Foundation

    • Slab

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Accessibility Features

    • Safe Emergency Egress from Home

    Pool Features

    • None

    Laundry Features

    • Common Area,Laundry Room,Outside

    Patio And Porch

    • Deck,Patio

    Fencing

    • Block,Wood
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.08
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3485
  • Listing Price Information

    • Original List Price: 1,999,000
    • Listing Contract Date: 2024-08-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 69204312
  • Garage and Parking

    • Garage Description: Door-Multi,Driveway Level,Driveway,Garage Faces Front,Garage
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SC - San Clemente Central
    • Postal Code Plus 4: 5413
    • Directions: El Camino Real to Avenida Mateo, Right on Avenida Madrid
    • Source Property Type: Residential
    • Area: SC - San Clemente Central
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 53
    • Common Walls: 2+ Common Walls
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Total Square Feet Living: 2856
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
    • Structure Type: Triplex
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BuyOwner last updated this listing 11/21/2024 @ 14:43

  • MLS: OC24174480
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 2,856 sqft, 3,485 sized lot, and 3 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Clemente , in zip code 92672, this Orange County Home , it is in the ,None Subdivision, are nearby neighborhoods.