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Listed by Candice Blair • Coldwell Banker Realty
$ 1,999,000
Est. payment /mo
Active
314 Avenida Madrid San Clemente, CA 92672
2,856 SqFt
UPDATED:
10/31/2024 10:03 AM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,856 sqft
Price per Sqft $699
MLS Listing ID CROC24175331
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1971
Lot Size 3,664 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
Location
State CA
County Orange
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Carpet, Bamboo
Fireplace No
Laundry Common Area, Dryer, Laundry Room, Washer, Other
Exterior
View Other, Ocean
Handicap Access Other
Parking Type Other, Garage Faces Front
Building
Water Public
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