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314 Avenida Madrid

San Clemente, CA 92672
  • $2,199,999
  • STATUS: ACTIVE
  • ON SITE: 48 Days
  • ID#: OC24175331
UPDATED: 26 min ago
$2,199,999
  • 5
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Dont miss out on this rare chance to own one of the last affordable coastal properties in San Clementea 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 Clementes coveted coastal paradise! Dont miss out on this rare chance to own one of the last affordable coastal properties in San Clementea 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 Clementes coveted coastal paradise!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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314 Avenida Madrid San Clemente, CA 92672

  • Price: $2,199,999
  • Status: ACTIVE
  • On Site: 48 Days
  • Updated: 26 min ago
  • ID#: OC24175331
5
Beds
0
Baths
0
½ Baths
0.08
Acres
Neighborhood:
Oc - San Clemente (92672)
County:
Orange
Area:
Oc - San Clemente (92672)
Property Description
Dont miss out on this rare chance to own one of the last affordable coastal properties in San Clementea 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 Clementes coveted coastal paradise! Dont miss out on this rare chance to own one of the last affordable coastal properties in San Clementea 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 Clementes coveted coastal paradise!
Exterior Features

Exterior Stucco Pool N/K Site Sidewalks Spa N/K Units With Patios 1

Interior Features

Cooling N/K Heat Equipment Forced Air Unit Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Units With Range Oven 3 Units With Refrigerators 1 Units With Washers 3

Property Features

Annual Expense Actual 31361 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 102630 Home Owners Fees 0.0 Possession Other/Remarks Tenant Pays ElectricityGas/PropaneOther Fees Terms CashConventionalVA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit3 Rent Actual 1953.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Candice Blair of Coldwell Banker Realty: 949-466-0620. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106