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243 Avenida Madrid San Clemente, CA $ 3,600,000
243 Avenida Madrid
$ 3,600,000
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243 Avenida Madrid

San Clemente, CA, 92672
$ 3,600,000
Baths1.0 Sq 3,000

Monthly Estimate*

$ 22,459

Listed by William R. Wilson, Realty
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Studio

Multi-Family Home for sale in San Clemente, CA

for $3,600,000 with 1 full bath. This 3,000 square foot home was built in 1927 on a lot size of 0.25.

About the Property Presenting a rare and storied slice of San Clemente’s heritage—The Warner Apartments. Originally erected in 1927, this iconic multi-unit property was commissioned by Judge Warner after acquiring the land from Ole Hanson in 1926 for $5,000—and securing $10,000 in financing the very next day. Notably, Judge Warner was the brother of the legendary youth football pioneer Pop Warner, adding a unique touch to the property’s legacy Perched above the serene T-Street Coastal Canyon, this Mediterranean-style complex exudes timeless prestige. Spanning approximately 10,790 sq ft on a striking 0.25-acre lot, it comprises 5 distinct units, each offering privacy and charm Interior & Architectural Highlights Rich hardwood and tile flooring, featuring custom, hand-painted tile details that whisper elegance. Dramatic tongue-and-groove vaulted cathedral ceilings, adding volume and architectural interest. Multiple wood-burning fireplaces, perfectly suited for creating cozy and inviting living spaces. Outdoor & Lot Features Multiple private patios and balconies with sweeping vistas overlooking the verdant canyon—ideal for enjoying morning coffee or tranquil evenings. A generous driveway and off-street parking accommodating up to 10 vehicles, rare for coastal San Clemente. Investment Potential & Layout Built as a multi-family residential property with five individual studios, delivering solid rental income and flexibility. Exceptional long-term value with potential for modernization, rental optimization, or creative redevelopment. Location & Lifestyle Nestled in the heart of San Clemente’s “Spanish Village by the Sea,” celebrated for its lovely Spanish Colonial architecture and coastal charm. Within a short stroll to downtown boutiques, gourmet dining, the pier, and T-Street beach—a coveted location for renters and lifestyle seekers alike. Exceptional walkability and access to nearby amenities, with local shopping plazas just minutes away and beaches within daily reach. Summary: A heritage-rich, architecturally distinctive multi-family property perched on the canyon edge—offering unparalleled investment opportunity and coastal living in one of Southern California’s most desirable enclaves.

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Multi-Family Active

Price

$ 3,600,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.25

Year Built

1927

Town/City

San Clemente

County/Region

Orange

MLS | Web ID

OC25182601

Days on Market

130

Features
General
Sewer Public Sewer
Heating Electric
Cooling None
Utilities Cable Connected Electricity Available Natural Gas Available Sewer Connected Water Connected
Roof Tile
Appliances Built-In Range Electric Range Disposal Gas Oven Gas Range Refrigerator Range Hood Water Heater
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Fire Detection System Smoke Detector(s)
Construction Materials Stucco
Year Built 1927
Electric Standard
Tenant Pays Electricity Gas
View Canyon Ocean Peek-A-Boo Trees/Woods
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 1512000
Waterfront Features Ocean Side Of Freeway
Community Features Curbs Ravine
County Orange
Net Operating Income 136425
Operating Expense 13575
Insurance Expense 1961
New Construction 0
Property Type Residential Income
Contingency none
Subdivision Name other
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions Avenida Del Mar go past the Pier 3 blocks left hand side . corner of Avenida Madrid and Avenida Monteray
City San Clemente
Disclosures Coastal Commission Restrictions Coastal Zone
Entry Location other
Senior Community Y/N 0
Open Parking Spaces 6
Number Of Units Total 4
MLS Area SC - San Clemente Central
Lot Size Units Square Feet
Lot Size Square Feet 10890
Carport Spaces 6
Carport Y/N 1
Number of Units Leased 4
Listing Terms Cash Cash to Existing Loan Cash to New Loan Contract 1031 Exchange Owner Will Carry Owner May Carry
Spa Features None
Property Attached Y/N 1
Land Lease Y/N 0
Fuel Expense 444
Property Condition Repairs Cosmetic
Trash Expense 639
Water Sewer Expense 1728
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 28
Total Actual Rent 125000
Property Sub Type Additional Quadruplex
Taxes 6823
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Interior
Interior Amenities Block Walls Ceiling Fan(s) Ceramic Counters Cathedral Ceiling(s) High Ceilings Living Room Deck Attached Tile Counters Bedroom on Main Level
Flooring Carpet Laminate Tile Vinyl Wood
Fireplace Features Living Room
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N 0
Heating Y/N 1
Window Features Wood Frames
Fireplace Y/N 1
Laundry Features Common Area
Entry Level 1
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Exterior
Exterior Amenities Barbecue
Fencing Block Wood
Parking Features Paved Private
Lot Features Back Yard Front Yard Garden Greenbelt Landscaped
Water Source Public
Total Parking 12
Lot Size Area 10890
Foundation Details Slab
Number of Buildings 2
Spa 0
Building Area Total 3000
Lot Size Acres 0.25
Road Surface Type Paved
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
William R. Wilson, Realty

Broker

sanokid@sbcglobal.net

Email

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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,600,000 Listed Price

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243 Avenida Madrid, San Clemente, CA, 92672 is a Multi-Family Home for sale at $3,600,000 with 3,000 sqft and a lot size of 0.25. 243 Avenida Madrid is a studio with 1.0 baths and was built in 1927. The property's zip code is 92672 which is in San Clemente, CA