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

home-pic
ACTIVE$3,300,000
251 Avenida Madrid, San Clemente, California 92672
0Bed
0Bath
3,904Sqft
8,276Lot
Year Built
1977
Close
-
List price
$3.3M
Original List price
$3.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SW25231642
Home ConditionExcellent
Features
Good View: Neighborhood, Ocean, Peek-A-Boo, Trees/Woods
Deck
ViewNeighborhood, Ocean, Peek-A-Boo, Trees/Woods

About this home

Extremely Rare San Clemente Coastal Triplex – Welcome to an exceptional investment opportunity—a meticulously maintained triplex located in the heart of San Clemente, nestled on the desirable north side of Trafalgar Canyon. This coastal beauty boasts unbeatable curb appeal and is walking distance to everything that makes San Clemente special: T-Street Beach, the San Clemente Pier and walking trail, and Downtown’s vibrant shopping and dining. Property Highlights: Three Fully Appointed Units (2) Lower-level 2 Bed / 1 Bath units, each with two private decks (1) Upper-level 3 Bed / 2 Bath loft-style unit with a sprawling private deck. Interior Features in Every Unit include Full-size washer & dryer behind shuttered doors, Refrigerator, dishwasher, and modern appliances. New paint and new ceiling fans throughout. New flooring in Units 1 & 2. Unit 1: Brand new kitchen & fully remodeled bathroom. Garage & Parking - Each unit has its own 2-car garage with storage cabinets, remotes, keypads & timed lighting. BONUS: One additional 2-car garage – perfect for owners or added tenant use. Exterior Improvements include - New roof. Full exterior painting & conditioning, with all cracks repaired. Professionally designed landscaping surrounding the property. Outdoor lighting and electrical upgraded for both security and ambiance. Construction materials & pavers removed, making way for future outdoor entertainment areas. Two new rear staircases add value and functionality, sparking future expansion or enhancement ideas. This is more than an income property—it’s a rare lifestyle asset. It radiates pride of ownership from top to bottom and offers tremendous upside potential in a location that’s nearly impossible to beat. Whether you’re looking to live in one unit and rent the others, or add a trophy investment to your portfolio, this San Clemente Triplex delivers on every level.

Price History

Date
Event
Price
10/03/25
Listing
$3,300,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (23 Listings)
Beds00
Baths00
Square foot3,9042,385
88%
Lot Size8,2763,920
88%
Price$3.3M$1.73M
88%
Price per square foot$845$756
63%
Built year19779815982
88%
HOA
Days on market33156
4%
Condition Rating
Excellent

Despite being built in 1977, the property has undergone extensive and recent renovations, including a 'brand new kitchen & fully remodeled bathroom' in Unit 1, new flooring in Units 1 & 2, new paint and ceiling fans throughout, a new roof, and full exterior painting and conditioning. The images confirm a modern, clean aesthetic with updated cabinets, countertops, backsplash, and light fixtures in the kitchen, and a well-maintained, updated bathroom. All components appear new or virtually new, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Prime Coastal Location & Walkability: Situated in the heart of San Clemente, this triplex offers unparalleled walkability to T-Street Beach, the San Clemente Pier, and Downtown's vibrant shopping and dining, making it highly desirable for tenants and owners alike.
Extensive Recent Renovations & Upgrades: The property boasts significant recent improvements including a new roof, full exterior painting, professionally designed landscaping, upgraded outdoor lighting, new paint, new ceiling fans, new flooring in two units, and a brand new kitchen and remodeled bathroom in Unit 1, minimizing immediate capital expenditures for a new owner.
Strong Income Potential & Versatility: As a meticulously maintained triplex with three fully appointed units (two 2-bed/1-bath and one 3-bed/2-bath loft), it offers multiple income streams and the flexibility for an owner to live in one unit while renting out the others, or to hold as a trophy investment.
Ample & Dedicated Parking: A significant advantage in a coastal area, each unit benefits from its own 2-car garage, plus an additional bonus 2-car garage, providing abundant and dedicated parking for residents and potential for added tenant use or owner storage.
Private Outdoor Spaces & Curb Appeal: Each lower unit features two private decks, and the upper unit boasts a sprawling private deck, enhancing tenant appeal. The property also exhibits unbeatable curb appeal with professionally designed landscaping and upgraded exterior aesthetics.

Cons

Age of Core Structure: Despite extensive renovations, the property was built in 1977, meaning the underlying infrastructure (e.g., plumbing, electrical beyond lighting upgrades, foundation) is nearly 50 years old, which could lead to unforeseen maintenance or upgrade needs in the future.
Absence of Financial Performance Data: While marketed as an investment property with 'tremendous upside potential,' the listing lacks specific financial details such as current rental income, occupancy rates, or a cap rate, making it difficult for potential investors to immediately assess its financial viability.
No Mention of Air Conditioning: The description highlights new ceiling fans but does not mention central air conditioning. While San Clemente enjoys a coastal climate, the absence of AC could be a comfort drawback for some tenants during warmer periods, potentially affecting tenant retention or rental rates.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State