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Listing ID: OC22220123
Price: $2,795,000
Price/SqFt: $715.93
Status: Active
Address: 251 Avenida Madrid
City: San Clemente
State: California
Postal Code: 92672
SqFt: 3,904
Acres: 0.190
County: Orange
Subdivision: Other (OTHR)
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!!!

Primary Features

County: Orange
Price Before Reduction: 2845000
Price Reduction Date: 2023-01-20T20:33:36+00:00
Price/SqFt: 715.93
Property Sub Type: Triplex
Property Type: Residential Income
Subdivision: Other (OTHR)
Year Built: 1977

Interior

Appliances: yes
Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Cooling: no
Cooling Type: None
Fireplace: no
Fireplace Features: None
Flooring: Carpet
Garage Spaces: 8
Heating: yes
Heating Type: Central
Interior Features: Balcony, Ceiling Fan(s), Crown Molding
Laundry: yes
Laundry Features: Inside
Levels: Two
Number With Carpet: 3
Number With Dishwasher: 3
Number With Disposal: 3
Number With Patio: 5
Number With Range: 3
Number With Refrigerator: 3
Spa: no
Spa Features: None
Stories Total: 2

External

Architectural Style: Custom Built
Construction Materials: Stucco
Door Features: Mirror Closet Door(s)
Exterior Features: Awning(s)
Lot Features: 0-1 Unit/Acre, Lot 6500-9999
Lot Size Area: 8276
Lot Size Source: Assessor
Lot Size Square Feet: 8276
Number Of Buildings: 1
Parking: yes
Parking Features: Assigned, Built-In Storage, Concrete, Garage, Garage Door Opener
Parking Total: 8
Pool Features: None
Private Pool: no
Property Attached: yes
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Flat, Spanish Tile
Sewer: Public Sewer
View: yes
View Type: Canyon, Neighborhood, Ocean, Peek-A-Boo
Water Source: Public
Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1
Window Features: Blinds, Custom Covering

Location

Country: US
Elevation Units: Feet
MLS Area Major: SC - San Clemente Central
Subdivision Name Other: other

Additional

Additional Parcels: no
Association: no
Community Features: Biking, Curbs, Sidewalks
Days On Market: 97
List Agent State License: 01315411
List Office State License: 00530584
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 3
Number Of Separate Water Meters: 1
Number Of Units Total: 3
Parcel Number: 05810414
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community: no
Utilities: Sewer Connected, Water Connected
Year Built Source: Assessor

Financial

Electric Expense: 358
Gross Scheduled Income: 125400
Insurance Expense: 3400
Land Lease: no
Laundry Equipment Own Lease: Own
Net Operating Income: 119030
Operating Expense: 6370
Price Per Unit: 931667
Rent Control: no
Special Listing Conditions: Standard
Tax Block: 1
Tax Census Tract: 421.16
Tax Lot: 32
Tax Tract Number: 785
Tenant Pays: Cable TV, Electricity, Gas
Total Expenses: 6370
Trash Expense: 812
Water Sewer Expense: 1800

Zoning Info


Area Info


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Based on information from CARETS as of Wednesday, March 29th, 2023 07:16:06 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: Michelle Johnson, DRE #01315411 from Conrad Realtors Inc 949-492-9400

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