CA > San Clemente > ,Other
San Clemente, CA 92672,314 Avenida Madrid
San Clemente, CA 92672,314 Avenida Madrid
San Clemente, CA 92672,314 Avenida Madrid
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$1,999,000
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5 BD
3 BA
3,484 Sqft Lot
Price Dropped by $200K

314 Avenida Madrid San Clemente, CA 92672

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Nate & Natalie Leon

Nate & Natalie Leon

+1(559) 765-9584

UPDATED:

10/30/2024 10:22 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision ,Other

MLS Listing ID OC24174480

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1971

Lot Size 3,484 Sqft

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.

Location

State CA

County Orange

Area Sc - San Clemente Central

Rooms

Main Level Bedrooms 2

Ensuite Laundry Common Area, Laundry Room, Outside

Interior

Interior Features Ceiling Fan(s), Bedroom on Main Level, Main Level Primary

Laundry Location Common Area,Laundry Room,Outside

Heating Forced Air

Cooling None

Flooring Bamboo, Carpet

Fireplaces Type None

Inclusions Washer and dryer in laundry room, refrigerators in units

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater

Laundry Common Area, Laundry Room, Outside

Exterior

Garage Door-Multi, Driveway Level, Driveway, Garage Faces Front, Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Block, Wood

Pool None

Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available

View Y/N No

View None

Roof Type Flat,Shingle

Accessibility Safe Emergency Egress from Home

Porch Deck, Patio

Parking Type Door-Multi, Driveway Level, Driveway, Garage Faces Front, Garage

Attached Garage Yes

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Triplex

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Clarence Lobo

Middle Schools Shorecliff

High Schools San Clemente

School District Capistrano Unified

Others

Senior Community No

Tax ID 69204312

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, VA Loan

Special Listing Condition Standard

Lease Land No

California Regional MLS (CRMLS)
Listed by Candice Blair • Coldwell Banker Realty • 949-249-6611

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Nate & Natalie Leon

Agent | License ID: 02038679/01708052

+1(559) 765-9584

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