243 Avenida Madrid, San Clemente, California 92672, San Clemente, - bed, bath

About this home
About the Property Presenting a rare and storied slice of San Clemente’s heritage—The Warner Apartments. Originally erected in 1927, this iconic multi-unit property was commissioned by Judge Warner after acquiring the land from Ole Hanson in 1926 for $5,000—and securing $10,000 in financing the very next day. Notably, Judge Warner was the brother of the legendary youth football pioneer Pop Warner, adding a unique touch to the property’s legacy Perched above the serene T-Street Coastal Canyon, this Mediterranean-style complex exudes timeless prestige. Spanning approximately 10,790 sq ft on a striking 0.25-acre lot, it comprises 5 distinct units, each offering privacy and charm Interior & Architectural Highlights Rich hardwood and tile flooring, featuring custom, hand-painted tile details that whisper elegance. Dramatic tongue-and-groove vaulted cathedral ceilings, adding volume and architectural interest. Multiple wood-burning fireplaces, perfectly suited for creating cozy and inviting living spaces. Outdoor & Lot Features Multiple private patios and balconies with sweeping vistas overlooking the verdant canyon—ideal for enjoying morning coffee or tranquil evenings. A generous driveway and off-street parking accommodating up to 10 vehicles, rare for coastal San Clemente. Investment Potential & Layout Built as a multi-family residential property with five individual studios, delivering solid rental income and flexibility. Exceptional long-term value with potential for modernization, rental optimization, or creative redevelopment. Location & Lifestyle Nestled in the heart of San Clemente’s “Spanish Village by the Sea,” celebrated for its lovely Spanish Colonial architecture and coastal charm. Within a short stroll to downtown boutiques, gourmet dining, the pier, and T-Street beach—a coveted location for renters and lifestyle seekers alike. Exceptional walkability and access to nearby amenities, with local shopping plazas just minutes away and beaches within daily reach. Summary: A heritage-rich, architecturally distinctive multi-family property perched on the canyon edge—offering unparalleled investment opportunity and coastal living in one of Southern California’s most desirable enclaves.
Price History
| Subject | Average Home | Neighbourhood Ranking (23 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,000 | 2,385 | 75% |
| Lot Size | 10,890 | 3,920 | 96% |
| Price | $3.6M | $1.73M | 88% |
| Price per square foot | $1,200 | $756 | 88% |
| Built year | 1927 | 9815982 | 4% |
| HOA | |||
| Days on market | 84 | 156 | 13% |

