314 Avenida Madrid, San Clemente, CA 92672 (MLS # OC24175331)

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PRICE $1,999,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 2,856 sqft
LOT SIZE 3,664 sqft

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.

DAYS ON MARKET 69 LAST UPDATED 10/30/2024
TRACT ,OTHER YEAR BUILT 1971
COMMUNITY San Clemente Central GARAGE SPACES 3.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Sep 17, '24 $2,399,999
Sep 17, '24 - Oct 30, '24 $2,199,999
Oct 30, '24 - Today $1,999,000


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer, Water Heater
AREA San Clemente Central
CONSTRUCTION Drywall, Stucco
GARAGE Door-Multi, Driveway, Driveway Level, Garage, Garage Faces Front, Yes
HEAT Forced Air
HOA DUES 0
INTERIOR Bedroom on Main Level, Ceiling Fan(s), Main Level Primary
LOT 3664 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
PARKING Door-Multi,Driveway Level,Driveway,Garage Faces Front,Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION ,OTHER
UTILITIES Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Connected,Water Available, Electric: Standard
VIEW Yes
VIEW DESCRIPTION Neighborhood,Ocean,Peek-A-Boo
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Coldwell Banker Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/31/24 11:25 PM PDT and /or other sources. 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

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