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 r
MLS #
CROC24174480
MLS Source
California Regional MLS
Days on Site
85
Bedrooms
Ground Floor Bedroom
Appliances
Dishwasher, Microwave, Other, Oven - Gas, Oven Range - Gas, Refrigerator
Family Room
Other
Fireplace
None
Flooring
Bamboo
Laundry
In Laundry Room, Laundry Area, Other
Cooling
Ceiling Fan, None
Heating
Forced Air
Roof
Flat, Shingle
Foundation
Slab
Pool
None
Garage/Parking
Garage, Other, Garage: 3 Car(s)
Elementary District
Capistrano Unified
High School District
Capistrano Unified
HOA Fee
$0
314 Avenida Madrid is a Triplex in San Clemente, CA 92672. This 2,856 square foot property sits on a 3,485 Sq Ft Lot and features 5 bedrooms & 3 full bathrooms. It is currently priced at $1,999,000 and was built in 1971.
This address can also be written as 314 Avenida Madrid, San Clemente, CA 92672.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 30, 2024. For the most current information, please contact Candice Blair, (949) 466-0620