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Sold for $3,150,000
  • Listed by: HomeSmart Realty West • Laurie Garcia • Contact: 951-491-7800
    Bought with: Associated Realtors
    $3,150,000

    251 Avenida Madrid, San Clemente, CA 92672

    7beds
    4baths
    3,904sqft
    Triplex
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $807/sqft
    $5,565 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $5,565/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie Garcia DRE #01717293 951-757-9979,

    HomeSmart Realty West,

    Maria Santi DRE #02108098 323-646-8819,

    HomeSmart Realty West

    Bought with:

    Mei Su, DRE #02210188

    Associated Realtors

    Source: CRMLS,MLS#: SW25231642MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
    • Laundry: Inside
    Features
    • Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Storage
    • Flooring: Carpet, Laminate
    • Doors: Mirrored Closet Door(s), Sliding Doors
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: Item2CommonWalls
    Interior area
    • Total structure area: 3,904
    • Total interior livable area: 3,904 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned, Door-Single, Garage, Garage Door Opener, Private, Storage
    • Garage spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Street
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood, Ocean, Peek-A-Boo, Trees/Woods
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 8,276 Square Feet
    • Features: Item25UnitsAcre, Drip Irrigation/Bubblers, Sprinklers In Front
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 05810414
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Golf, Hiking, Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: San Clemente

    Financial & listing details

    • Price per square foot: $807/sqft
    • Tax assessed value: $2,601,000
    • Annual tax amount: $26,260
    • Date on market: 10/3/2025
    • Cumulative days on market: 228 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Item1031Exchange,Owner May Carry,Private Financing Available,Relocation Property
    • Total actual rent: 13092
    • Tenant pays: All Utilities
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/18/2026Sold$3,150,000-4.5%$807/sqft
    Source: CRMLS #SW25231642 Report a problem
    1/21/2026Contingent$3,300,000$845/sqft
    Source: CRMLS #SW25231642 Report a problem
    10/3/2025Listed for sale$3,300,000$845/sqft
    Source: CRMLS #SW25231642 Report a problem
    9/29/2025Listing removed$3,300,000$845/sqft
    Source: BHHS broker feed #SW25108007 Report a problem
    5/15/2025Listed for sale$3,300,000+29.4%$845/sqft
    Source: BHHS broker feed #SW25108007 Report a problem
    9/2/2023Sold$2,550,000$653/sqft
    Source: CRMLS #OC22220123 Report a problem
    8/22/2023Pending sale$2,550,000$653/sqft
    Source: CRMLS #OC22220123 Report a problem
    6/16/2023Price change$2,550,000-3.5%$653/sqft
    Source: CRMLS #OC22220123 Report a problem
    4/10/2023Price change$2,642,000-5.5%$677/sqft
    Source: CRMLS #OC22220123 Report a problem
    1/20/2023Price change$2,795,000-1.8%$716/sqft
    Source: CRMLS #OC22220123 Report a problem
    12/8/2022Price change$2,845,000-1.9%$729/sqft
    Source: CRMLS #OC22220123 Report a problem
    10/15/2022Listed for sale$2,900,000+820.6%$743/sqft
    Source: CRMLS #OC22220123 Report a problem
    4/18/2018Listing removed$2,600$1/sqft
    Source: Del Mar Rentals #OC18038987 Report a problem
    4/16/2018Listed for rent$2,600$1/sqft
    Source: Del Mar Rentals #OC18038987 Report a problem
    6/11/1997Sold$315,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,260 +1.7%$2,601,000 +2%
    2024$25,824 -27.1%$2,550,000 +26.6%
    2023$35,446 +621%$2,014,500 +316.7%
    2022$4,916 +2%$483,438 +2%
    2021$4,821 +2.5%$473,959 +1%
    2020$4,702 $469,100 +2%
    2019$4,702 +2%$459,902 +2%
    2018$4,609 +4.1%$450,885 +2%
    2017$4,429 $442,045 +2%
    2016$4,429 +2%$433,378 +1.5%
    2015$4,343 +3.6%$426,869 +2%
    2014$4,193 $418,508 +0.5%
    2013-- $416,617 +2%
    2012-- $408,449 +2%
    2011-- $400,441 +0.8%
    2010-- $397,449 -0.2%
    2009-- $398,394 +2%
    2008-- $390,583 +2%
    2007-- $382,925 +2%
    2006-- $375,417 +2%
    2005-- $368,056 +2%
    2004-- $360,840 +1.9%
    2003-- $354,227 +2%
    2002-- $347,282 +2%
    2001$3,694 +1.7%$340,473 +2%
    2000$3,630 $333,798
    Find assessor info on the county website

    Neighborhood: 92672

    Nearby schools

    GreatSchools rating