Sold
314 Avenida Madrid sold on December 30, 2024 for $1,875,000, 2.6% below the $1,925,000 asking price after 48 days on the market, including an earlier listing. The buyer paid cash. The details are below for reference.
314 Avenida Madrid, San Clemente, CA 92672
- 5 beds
- 3 baths
- 2,856 sq ft
- Built 1971
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$1,875,000
The home
About 314 Avenida Madrid
Attention investors seeking strong cash flow and significant appreciation potential: this rare coastal triplex in San Clemente is the opportunity you've been waiting for. Perfectly positioned just one block from the sand and the iconic San Clemente Pier, this prime property combines immediate rental income with long-term growth in one of the most desirable areas of Southern California. With proximity to world-class surfing, scenic oceanfront trails, and a thriving downtown featuring trendy dining spots and a popular farmers market, tenant demand here is strong. The property features two vacant two-bedroom, one-bath units that are ready to rent at market rates for immediate income or can be updated to maximize returns. Additionally, it includes an oversized one-bedroom, one-bath unit with a partial ocean view, currently rented and generating consistent cash flow. For added convenience, there are three single-car garages each with their own driveway- level with the street, an essential feature for beachside tenants. The property also includes a separate laundry room equipped with a washer and dryer, offering the potential to convert it into a coin-operated facility for additional revenue. Recent upgrades, such as new furnaces in each unit, add further value and appeal. This property offers exceptional flexibility for investors seeking steady rental income or those looking to renovate and enhance value. Alternatively, it provides an excellent opportunity for owner-occupants to enjoy the ultimate beach lifestyle by living in one unit while renting out the others. With an excellent cap rate, low-maintenance design, and an unbeatable location in one of the most sought-after areas of San Clemente, this property is priced to sell quickly. Whether you’re an experienced investor or looking to enter the coastal real estate market, this triplex offers immediate returns and long-term growth potential. Don’t let this chance to own a piece of San Clemente’s coveted coastal paradise slip away!
Property details for 314 Avenida Madrid
This 5-bedroom, 3-bath triplex sits in San Clemente in Orange County. It has 2,856 square feet of living space. The home was built in 1971. The MLS record lists the assessor parcel number as 692-043-12. Highlights include an attached three-car garage, a turnkey home, and traditional architecture.
Specifications
Home Details
General Features
- Property Type
- Triplex
- MLS Number
- OC24243470
- Year Built
- 1971
- Living Area (sq ft)
- 2,856
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 3,485
- Lot Size (acres)
- 0.08
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 3
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- None
- Parcel Number
- 69204312
- On Market Date
- 2024-12-03
- Listing Terms
- Standard
Interior Features
- Interior Features
- Ceiling Fans, Bedroom On Main Level, Main Level Primary
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
- Flooring
- Bamboo, Carpet
- Heating
- Forced Air
- Cooling
- None
- Fireplace
- None
- Laundry
- Common Area, Laundry Room, Outside
- Main Level Bedrooms
- 2
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- Two Common Walls Or More
- Windows
- Screens
- Accessibility
- Safe Emergency Egress From Home, No Stairs
Exterior Features
- Architectural Style
- Traditional
- Roof
- Flat, Shingle
- Construction
- Drywall, Stucco
- Foundation
- Slab
- Lot Features
- Zero To One Unit Acre
- Patio and Porch
- Deck, Patio
- Parking
- Door Multi, Driveway Level, Door Single, Driveway, Garage Faces Front, Garage, Side By Side
- Fencing
- Block, Wood
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
- Condition
- Turnkey
- Units
- 3
Community Features
- Community Features
- Storm Drains, Street Lights, Suburban, Sidewalks
- Security
- Carbon Monoxide Detectors, Smoke Detectors
The record
Property History for 314 Avenida Madrid
| Date | Event | Price | Note |
|---|---|---|---|
| Dec 30, 2024 | Sold | $1,875,000 | |
| Dec 16, 2024 | Status changed to Pending | From Active | |
| Dec 15, 2024 | Status changed to Active | From Active Under Contract | |
| Dec 9, 2024 | Status changed to Active Under Contract | From Active | |
| Dec 3, 2024 | Relisted | $1,925,000 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 314 Avenida Madrid
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0536K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, San Clemente quadrangle, released June 21, 2002. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, San Clemente quadrangle, released June 21, 2002. Checked October 15, 2026.
- Tsunami hazard area
Outside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 19 of 19 residential locations in this census block. Cable: Cox Communications, up to 2,000 Mbps, at 19 of 19. Fixed wireless: AT&T, up to 25 Mbps, at 13 of 19.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590421164002, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.4 miles away (ViaLynk, 2 Level 2 ports). 108 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
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The neighborhood
About San Clemente
San Clemente is the southernmost city in Orange County, founded in the 1920s by Ole Hanson as a Spanish Village by the Sea of white-stucco, red-tile-roofed homes overlooking the Pacific. Landmarks include the 1928 pier, the Beach Trail from North Beach to Calafia Beach, Avenida Del Mar, and the Capistrano Unified School District.
Schools
Schools for 314 Avenida Madrid
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Clarence Lobo
- Middle
- Shorecliff
- High
- San Clemente
- District
- Capistrano Unified
Living in San Clemente covers its schools, parks and beaches.
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Listed by Candice Blair of Coldwell Banker Realty
Listing information updated Jan 13, 2025 at 4:53 PM PT. Source: CRMLS.
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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.