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59
Photos
314 Avenida Madrid, San Clemente, CA 92672
$1,999,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
3
baths
2,856
sqft
Built in
1971
HUGE PRICE REDUCTION TO SELL NOW! Dont miss out on this rare opportunity 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 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 Clementes 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.
Features & Amenities
Interior
- Laundry:
- Laundry Room,Outside
- Flooring:
- Carpet,Bamboo
- A/C:
- N/K
- Heating:
- Forced Air Unit
- Fireplace:
- N/K
- Disability Feature:
- 2+ Access Exits
Exterior
- General:
- Stucco
- Pool:
- None
- Parking:
- Driveway, Parking spaces: 3
Construction
- Roofing:
- Flat,Shingle
- General:
- 2 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Orange
Lot
- Zoning:
- 69204312
- View:
- N/K
- Fencing:
- Wood
Utilities
- Utilities:
- Cable Available,Electricity Available,Natural Gas Available,Phone Available,Water Available,Sewer Connected
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Coldwell Banker Realty, Candice Blair
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About San Clemente, CA
Housing
- Number of Units
- 26,935
- Median Home Value
- $942,152
- Median Rent
- $1,837
37.87% of housing units are renter occupied.
8.70% are vacant.
Commute
- Car
-
50.36%
- Public Transportation
-
0.62%
- Walk to Work
-
1.46%
- Work from Home
-
46.89%
- Other
-
0.46%
The median travel time to work is 17 minutes.
People
- Population
- 68,214
- Median Age
- 42.70
- Median Household Size
- 2.82
Education
- High School
-
13.65%
- Associate’s Degree
-
10.01%
- Bachelor’s Degree
-
30.36%
- Graduate Degree
-
19.91%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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