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$1,925,000
20 Days On Site

314 Avenida Madrid
San Clemente, CA 92672

For Sale|Triplex|Pending
5
Beds
3
Full Baths
0
Partial Baths
2,856
SqFt
$674
/SqFt
1971
Built
Subdivision:
Other
County:
Orange
Listed by Candice Blair of Coldwell Banker Realty [email protected]

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314 Avenida Madrid314 Avenida Madrid314 Avenida Madrid314 Avenida Madrid
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Attention investors seeking strong cash flow and significant appreciation potential: this rare coastal triplex in San Clemente is the opportunity you've been waiting for. Perfectly positioned just one block from the sand and the iconic San Clemente Pier, this prime property combines immediate rental income with long-term growth in one of the most desirable areas of Southern California. With proximity to world-class surfing, scenic oceanfront trails, and a thriving downtown featuring trendy dining spots and a popular farmers market, tenant demand here is strong. The property features two vacant two-bedroom, one-bath units that are ready to rent at market rates for immediate income or can be updated to maximize returns. Additionally, it includes an oversized one-bedroom, one-bath unit with a partial ocean view, currently rented and generating consistent cash flow. For added convenience, there are three single-car garages each with their own driveway- level with the street, an essential feature for beachside tenants. The property also includes a separate laundry room equipped with a washer and dryer, offering the potential to convert it into a coin-operated facility for additional revenue. Recent upgrades, such as new furnaces in each unit, add further value and appeal. This property offers exceptional flexibility for investors seeking steady rental income or those looking to renovate and enhance value. Alternatively, it provides an excellent opportunity for owner-occupants to enjoy the ultimate beach lifestyle by living in one unit while renting out the others. With an excellent cap rate, low-maintenance design, and an unbeatable location in one of the most sought-after areas of San Clemente, this property is priced to sell quickly. Whether you’re an experienced investor or looking to enter the coastal real estate market, this triplex offers immediate returns and long-term growth potential. Don’t let this chance to own a piece of San Clemente’s coveted coastal paradise slip away!

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Listing Snapshot
Price 
$1,925,000
Days On Site 
20 Days
Bedrooms 
5
Inside Area (SqFt) 
2,856 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1971
MLS® Number 
OC24243470
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a week agoStatus changed to Pending
a week agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.08
Attached Garage 
Yes
Foundation 
Slab
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
2
Parking 
DrivewayGarage Faces FrontGarageSide By SideAttached
Parking Spaces 
3
Property Sub Type 
Triplex
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Two
Style 
Traditional
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater Available
Water Source 
Public
Interior Features
Appliances 
DishwasherGas OvenGas RangeMicrowaveRefrigeratorWater Heater
Fireplace Features 
None
Flooring 
WoodBambooCarpet
Heating 
Forced Air
Interior 
Ceiling Fan(s)Master Downstairs
Laundry Features 
Common AreaLaundry RoomOutside
Main Level Bedrooms 
2
Window Features 
Screens
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Exterior Features
Construction Details 
Stucco
Fencing 
BlockWood
Patio And Porch 
DeckPatio
Pool Features 
None
Roof 
FlatShingle
Spa Features 
None
View 
None
Waterview 
None
Windows/Doors 
Screens
Community Features
Accessibility Features 
Safe Emergency Egress from Home
Building Access 
1
Community Features 
Street LightsSuburbanSidewalks
Financing Terms Available 
CashConventionalVA Loan
MLS Area 
SC - San Clemente Central
Roads 
Paved
School District 
Capistrano Unified
Schools
School District
Capistrano Unified
Elementary School
Clarence Lobo
Middle School
Shorecliff
High School
San Clemente


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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