314 Avenida Madrid San Clemente, CA 92672
UPDATED:
10/30/2024 10:46 PM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 2,856 sqft
Price per Sqft $699
MLS Listing ID OC24174480
Style All Other Attached
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1971
Lot Size 3,485 Sqft
Acres 0.08
Property Description
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.
Location
State CA
County Orange
Area Oc - San Clemente (92672)
Interior
Flooring Carpet, Bamboo
Equipment Dishwasher, Microwave, Refrigerator, Gas Oven, Gas Range
Appliance Dishwasher, Microwave, Refrigerator, Gas Oven, Gas Range
Laundry Laundry Room, Outside
Exterior
Exterior Feature Stucco
Garage Garage, Garage - Three Door
Garage Spaces 3.0
Fence Wood
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available, Sewer Connected
Roof Type Flat,Shingle
Total Parking Spaces 3
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $2
Miscellaneous Storm Drains,Suburban
Acceptable Financing Cash, Conventional, VA, Cash To New Loan
Listing Terms Cash, Conventional, VA, Cash To New Loan
Special Listing Condition Standard
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