314 Avenida Madrid
$2,199,999
5
3
2,856
2,856
$770
Description
Don’t miss out on this rare chance 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 for remodeling to boost cash flow or to be rented immediately at market rates for instant income. One oversized...Don’t miss out on this rare chance 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 for remodeling to boost cash flow or to be rented immediately at market rates for instant income. 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, remodel 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!
- Listed by Candice Blair • DRE #01395953 • Brokerage DRE #00616212 • Coldwell Banker Realty • 949-249-6611
Property Details for 314 Avenida Madrid
View
Neighborhood, Ocean, Peek-A-Boo
Parking Spaces Total6
Private PoolNo
Cooling TypeN/K
Total Units3.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2856
LISTING UPDATED: 09/17/2024 05:30 AM
Property Details for 314 Avenida Madrid
Status | Active |
---|---|
MLS # | OC24175331 |
Days on Market | 22 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1971 |
Lot Size | 0.08 AC / 3,664 SF |
County | Orange County |
Building Information for 314 Avenida Madrid
Stories2Residences-Year Built1971Building Size-Lot Size0.08 AC / 3,664 SF
Property Information for 314 Avenida Madrid
Property History for 314 Avenida Madrid
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 314 Avenida Madrid
Taxable ValueLand$1,009,849Additions$208,472Total$1,218,321
Tax Record2023$12,335 ($1,028 / month)
Home Facts
Total Finished SqFt2,856 SqFtAbove Grade Finished SqFt2,856 SqFtStories2Lot Size3,664 SqFtStyleTriplexYear Built1971CountyORANGEAPN692-043-12
Schools near 314 Avenida Madrid
This home is within Capistrano Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Clarence Lobo Elementary School PublicK to 5 | ||
Shorecliffs Middle School Public6 to 8 | ||
San Clemente High School Public9 to 12 | ||
California Connections Academy at Capistrano CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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