243 Avenida Madrid San Clemente, CA 92672
Historic 5-unit Mediterranean complex near San Clemente's beaches and downtown.
Lot size:
0.25 AcresProperty Features for 243 Avenida Madrid
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.25 Acres
Building Details
- Year built
- 1927
Source:
Elliman
Listing Agent: Will Wilson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
San Clemente Multifamily Investment Opportunity
The Warner Apartments, originally built in 1927, is a multi-unit property commissioned by Judge Warner. The Mediterranean-style complex is located above the T-Street Coastal Canyon. The property, situated on a 0.25-acre lot, spans approximately 10,790 sq ft and includes 5 distinct units. Each unit offers privacy. Interior features include hardwood and tile flooring with custom, hand-painted tile details, tongue-and-groove vaulted cathedral ceilings, and wood-burning fireplaces. The property has multiple private patios and balconies with canyon views. There is a driveway and off-street parking for up to 10 vehicles. Built as a multi-family residential property with five individual studios, it delivers rental income and flexibility. The property is located in San Clemente’s “Spanish Village by the Sea,” near downtown boutiques, gourmet dining, the pier, and T-Street beach. Local shopping plazas are minutes away, and beaches are within daily reach.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Clemente
- County
- Orange
- State
- California
- Longitude
- -117.6134401
- Latitude
- 33.4221404
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Historic 5-unit Mediterranean complex near San Clemente's beaches and downtown.
Where is this apartment building located?
The property is located at 243 Avenida Madrid San Clemente, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: - Prime location in San Clemente's 'Spanish Village by the Sea,' walking distance to downtown, beaches, and the pier.; - Substantial multi-unit property (5 units) generating rental income. Consider optimization or redevelopment.; - Rare off-street parking for up to 10 vehicles in a desirable coastal area.
