Listing ID: OC22220123
Price: $2,900,000
Status: ACTIVE
Address: 251 Avenida Madrid
City: San Clemente
State: California
Postal Code: 92672
SqFt: 8,276
Acres: 0.190
County: Orange
San Clemente
CA
92672
Extremely Rare Opportunity to own a true GEM of a Triplex in the heart of San Clemente, West of the 5 frwy with fantastic curbside appeal! Pride of Ownership inside and out shows clearly in this one of a kind income property set on the north side of Trafalgar Canyon, ideally located between Southwest San Clemente T-street Beach, San Clemente pier/walking trail and Downtown San Clemente shopping and Restaurants...ALL within walking distance! This Coastal Beauty is comprised of two lower two bedroom one bath units with two personal decks each and one incredibly spacious three bedroom two bath loft style unit up top with it's own single expansive deck! All three units include full size washer and dryers behind shuttered doors, refrigerators, dishwashers as well as a spacious two car garages complete with storage cupboards, remotes, keypads and timed lighting. There is a BONUS of an additional two car garage ideal for Owner or extra use of Tenants! Rear of building has been recently improved with two corner staircases allowing for an imagination to run wild with possibilities for even more upgrades of enjoyable entertaining area! An investment property such as this only comes up every couple of decades...if that! YOUR RARE OPPORTUNITY AWAITS!!!Extremely Rare Opportunity to own a true GEM of a Triplex in the heart of San Clemente, West of the 5 frwy with fantastic curbside appeal! Pride of Ownership inside and out shows clearly in this one of a kind income property set on the north side of Trafalgar Canyon, ideally located between Southwest San Clemente T-street Beach, San Clemente pier/walking trail and Downtown San Clemente shopping and Restaurants...ALL within walking distance! This Coastal Beauty is comprised of two lower two bedroom one bath units with two personal decks each and one incredibly spacious three bedroom two bath loft style unit up top with it's own single expansive deck! All three units include full size washer and dryers behind shuttered doors, refrigerators, dishwashers as well as a spacious two car garages complete with storage cupboards, remotes, keypads and timed lighting. There is a BONUS of an additional two car garage ideal for Owner or extra use of Tenants! Rear of building has been recently improved with two corner staircases allowing for an imagination to run wild with possibilities for even more upgrades of enjoyable entertaining area! An investment property such as this only comes up every couple of decades...if that! YOUR RARE OPPORTUNITY AWAITS!!!

Primary Features

County: Orange
Property Type: 2-4 Units
Zoning: Assessor

Interior

Cooling: N/K
Levels: 2 Story
Total Stories: 2
Unit 1 Number of Bedrooms: 3
Unit 1 Number Total Baths: 2
Unit 2 Number of Bedrooms: 2
Unit 2 Number Total Baths: 1
Unit 3 Number Bedrooms: 2
Unit 3 Number Total Baths: 1
Unit Number for Unit 1: 1
Unit Number for Unit 2: 2
Unit Number for Unit 3: 3

External

Entry Only: no
Exterior: Stucco
Lot Size: 7,500-10,889 SF
Number of Buildings: 1
Number of Units: 3
Number of Units w/Patios: 5
Number of Units w/Range/Oven: 3
Number of Units w/Refrigerator: 3
Number of Units w/Washers: 3
Parking Garage Unit 1: Assigned
Pool: N/K
Site: Curbs, Sidewalks
Spa: N/K

Location

Zip/Area: OC - SAN CLEMENTE (92672)

Additional

Property Type: 2-4 UNITS
Supplement: Extremely Rare Opportunity to own a true GEM of a Triplex in the heart of San Clemente, West of the 5 frwy with fantastic curbside appeal! Pride of Ownership inside and out shows clearly in this one of a kind income property set on the north side of Trafalgar Canyon, ideally located between Southwest San Clemente T-street Beach, San Clemente pier/walking trail and Downtown San Clemente shopping and Restaurants...ALL within walking distance! This Coastal Beauty is comprised of two lower two bedroom one bath units with two personal decks each and one incredibly spacious three bedroom two bath loft style unit up top with it's own single expansive deck! All three units include full size washer and dryers behind shuttered doors, refrigerators, dishwashers as well as a spacious two car garages complete with storage cupboards, remotes, keypads and timed lighting. There is a BONUS of an additional two car garage ideal for Owner or extra use of Tenants! Rear of building has been recently improved with two corner staircases allowing for an imagination to run wild with possibilities for even more upgrades of enjoyable entertaining area! An investment property such as this only comes up every couple of decades...if that! YOUR RARE OPPORTUNITY AWAITS!!!

Financial

Annual Expense Actual: 6370
CFD/Mello-Roos Fee: 30
CFD/Mello-Roos Fee Reflct: Year
Gross Scheduled Income Actual: 125400
Sale/Rent: For Sale
Tenant Pays: Cable TV, Electricity, Gas/Propane
Terms: Cash
Unit 1 Rent Actual: 3975
Unit 2 Rent Actual: 2700
Unit 3 Rent Actual: 2500

Zoning Info


Area Info


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Listing courtesy of Conrad Realtors Inc

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