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

251 Avenida Madrid, San Clemente, California 92672 home-pic-0
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
$845
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

We found 3 Cons,5 Pros. Rank: price - $3.30M(90th), sqft - 3904(83th), beds - undefined(50th), baths - undefined(50th).

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
Condition Rating
Excellent

Despite being built in 1977, this triplex has undergone extensive and very recent renovations, qualifying it for an 'Excellent' rating. The listing explicitly states 'Unit 1: Brand new kitchen & fully remodeled bathroom,' 'New flooring in Units 1 & 2,' and 'New paint and new ceiling fans throughout' all units. The images confirm modern white shaker cabinets, quartz-like countertops, mosaic tile backsplashes, and modern white appliances in the kitchens, along with a fully updated bathroom with contemporary fixtures and tiling. Major exterior improvements include a new roof, full exterior painting, professional landscaping, and upgraded outdoor lighting and electrical. These comprehensive updates, particularly the 'brand new' and 'fully remodeled' aspects, indicate that the property has been extensively renovated within the last 5 years, bringing it to current quality standards with minimal physical depreciation.
Pros & Cons

Pros

Prime Coastal Location: The property boasts an unbeatable location in the heart of San Clemente, walking distance to T-Street Beach, the Pier, and downtown amenities, enhancing tenant desirability and property value.
Turnkey Investment Opportunity: A meticulously maintained triplex offering significant income potential, ideal for owner-occupancy or as a high-performing asset in an investment portfolio.
Extensive Recent Capital Improvements: Significant upgrades including a new roof, full exterior painting, professional landscaping, and interior renovations (new kitchen/bath in Unit 1, new flooring in Units 1 & 2) minimize immediate maintenance concerns.
Abundant Private Parking & Storage: Each unit benefits from its own 2-car garage, plus an additional bonus 2-car garage, providing exceptional parking and storage capacity for residents.
Well-Appointed Units with Private Outdoor Spaces: All three units are fully appointed with modern amenities, including in-unit laundry, and feature private decks, with the upper unit boasting a sprawling private deck.

Cons

Original Construction Year (1977): Despite recent renovations, the property's 1977 construction year suggests that some underlying systems may be older, potentially requiring future capital expenditures not covered by recent updates.
Partial Ocean Views: The description notes 'Peek-A-Boo' ocean views, which, while present, are not expansive panoramic views, potentially limiting appeal for buyers prioritizing unobstructed coastal vistas.
Lack of Mentioned Central Air Conditioning: While common in coastal climates, the absence of explicit mention of central air conditioning could be a comfort concern for some tenants or future buyers during warmer months.

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