19 days on rocket

314 Avenida Madrid, San Clemente, CA, 92672

$2,399,999

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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314 Avenida Madrid, San Clemente$2,399,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDoor-Multi, Driveway Level, Driveway, Garage Faces Front, Garage
Garage3 spaces
Year Built1971
HeatingForced Air
CoolingNone
FireplaceNone
ViewNeighborhood, Ocean
MLS #OC24175331
Lot Size0.08 Acres
StatusActive

About 314 Avenida Madrid

Don’t miss out on this rare chance to own one of the last affordable coastal properties in San Clemente—a 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 for remodeling to boost cash flow or to be rented immediately at market rates for instant income. 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, remodel 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 Clemente’s coveted coastal paradise!

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (949) 249-6611
  • Listing Agent: Candice Blair

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
  • Flooring Type: Bamboo, Carpet
  • Interior: Ceiling Fan(s), Bedroom on Main Level, Main Level Primary
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood, Ocean

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Door-Multi, Driveway Level, Driveway, Garage Faces Front, Garage

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • San Clemente High School, Public District Grades 9-12
  • Shorecliffs Middle School, Public District Grades 6-8
  • Clarence Lobo Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: El Camino Real to Ave Mateo, right on Ave Madrid

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,399,999

Tax Information:

  • Annual Amount: $11,867
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Clemente, CA.

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San Clemente, CA

City

Med. Sold Price

$1.7M

Med. Price/SqFt

$723

Avg. Days On Market

32

# of Sold Homes

55

314 Avenida Madrid vs San Clemente

19 DAYS ON ROCKET

-13 Days

$2,399,999

+$698.9K More

KEY TAKEAWAY

This property is $698.9K more than the Median Sold Price in San Clemente, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24175331

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (949) 249-6611
  • Listing Agent: Candice Blair

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/16/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,867$1,171,013
2020$11,748$1,159,006
2019$11,296$1,136,281
2018$11,297$1,114,001
2017$11,076$1,092,158

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2325057
6
/10

  • Clarence Lobo Elementary School

  • 200 Avenida Vista Montana

  • 1.63 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2325058
8
/10

  • Shorecliffs Middle School

  • 240 Via Socorro

  • 1.92 miles

  • Public District Grades 6-8

High School

school-card-donut-2325059
9
/10

  • San Clemente High School

  • 700 Avenida Pico

  • 1.35 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,285. The most common annual income of people living in San Clemente, CA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Orange County›San Clemente›92672›314 Avenida Madrid

This home is located at 314 Avenida Madrid in San Clemente, CA and zip code 92672. This home, which was built in 1971, sits on a 0.08 acre lot. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $2,399,999.

San Clemente, CA housing market in August 2024 saw over 15 listings sold above listed price, more than 12 sold at listed price and over 28 sold below. Between July 2024 and August 2024, San Clemente, CA real estate market has seen decrease in the number of listings by 9.1%. The median list price of listings available in August 2024 was $1,701,000, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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