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251 Avenida Madrid

San Clemente, CA 92672
  • $2,550,000
  • STATUS: Closed
  • ON SITE: 588 Days
  • ID#: OC22220123
Sold - 09/02/2023
$2,550,000
SOLD - 09/02/2023
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Listing Agent(s): Michelle Johnson of Conrad Realtors Inc (949-492-9400)


Description

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!!!

Sold by Laurie Garcia of Berkshire Hathaway HomeServices California Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T00:37:59.79. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/133985792
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251 Avenida Madrid San Clemente, CA 92672

  • Price: $2,550,000
  • Status: Closed
  • On Site: 588 Days
  • ID#: OC22220123
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1977
Built
Neighborhood:
Other
County:
Orange
Area:
SC - San Clemente Central
Property Description
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!!!
Exterior Features

Architectural Style Custom Carport Spaces 0 Construction Materials Stucco Exterior Features Awning(S) Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 0 Parking Features AssignedConcreteGarageGarage Door OpenerStorage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof FlatSpanish Tile Spa Features None Spa YN No View CanyonNeighborhoodOceanPeek-A-Boo View YN Yes Waterfront Features Ocean Side Of FreewayOcean Side Of Highway

Interior Features

Appliances DishwasherElectric OvenElectric RangeMicrowaveRefrigerator Common Walls 2+ Common Walls Cooling None Cooling YN No Door Features Mirrored Closet Door(S) Fireplace Features None Fireplace YN No Flooring Carpet Heating Central Heating YN Yes Interior Features BalconyCeiling Fan(S)Crown Molding Window Features BlindsCustom Covering(S)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Buyer Financing CashTrade Common Interest None Community Features BikingCurbsSidewalks Current Financing Conventional Electric Expense 285.53 Garage YN Yes Gross Income 101460 Gross Scheduled Income 126000 Insurance Expense 3400 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 120785 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 5213.13 Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Trash Expense 876.6 Utilities Sewer ConnectedWater Connected Water Sewer Expense 1440 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T00:37:59.79. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Michelle Johnson of Conrad Realtors Inc (949-492-9400)