243 Avenida MadridSan Clemente, CA 92672

Multi-Family · 3,000 Sq. ft. | 0.25 Acres
$2,980,000 Active

243 Avenida Madrid Overview

Time on Site:
68 days
Visits:
1

Presenting a rare and storied slice of San Clemente’s heritage—The Warner Apartments. Originally erected in 1927, this iconic multi-unit property was purchase and developed by Judge Warner. Notably, Judge Warner was the brother of the legendary youth football pioneer Pop Warner, adding a unique touch to the property’s legacy. This large quarter acre lot is Perched above acres of the serene T-Street Coastal Canyon. This Mediterranean-style complex exudes timeless prestige, and is comprised of 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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243 Avenida Madrid Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,000
  • Price/Sq.ft. $993
  • Lot 0.25 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Gardener Expense: 1800.0
  • Gross Income: 163200.0
  • Gross Scheduled Income: 163200.0
  • Insurance Expense: 1961.0
  • Net Operating Income: 150069.0
  • New Taxes Expense: 6823.0
  • Operating Expense: 13131.0
  • Trash Expense: 639.0
  • Water Sewer Expense: 1728.0

Listing Information

  • Contingency: none

Building Information

  • New Construction: No
  • Year Built: 1927

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: SC - San Clemente Central
  • Postal City: SAN CLEMENTE
  • Subdivision Name: other

Community/Development

  • Community Features: Curbs,Ravine

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Disclosures: Coastal Commission Restrictions,Coastal Zone
  • Listing Terms: Cash,Cash to Existing Loan,Cash to New Loan,Contract,1031 Exchange,Owner Will Carry,Owner May Carry
  • Parcel Number: 05810410
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 3000.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Built-In Range,Electric Range,Disposal,Gas Oven,Gas Range,Refrigerator,Range Hood,Water Heater
  • Common Walls: 2+ Common Walls,End Unit
  • Electric: Standard
  • Entry Level: 1
  • Entry Location: other
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet,Laminate,Tile,Vinyl,Wood
  • Foundation Details: Slab
  • Interior Features: Block Walls,Ceiling Fan(s),Ceramic Counters,Cathedral Ceiling(s),High Ceilings,Living Room Deck Attached,Tile Counters,Bedroom on Main Level
  • Laundry Features: Common Area
  • Levels: One,Two
  • Security Features: Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1
  • Window Features: Wood Frames

Exterior

Parking Information

  • Open Parking Spaces: 8.0
  • Parking Features: Paved,Private
  • Parking Total: 8.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Bluff,Back Yard,Front Yard,Garden,Greenbelt,Landscaped
  • Lot Size Acres: 0.2531
  • Lot Size Area: 11025.0
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 11025.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Ocean Side Of Freeway

Building Exterior/Construction

  • Construction Materials: Stucco
  • Property Attached: Yes
  • Roof: Tile

General Information

  • Carport Spaces: 8.0
  • Carport: Yes
  • Exterior Features: Barbecue
  • Fencing: Block,Wood
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Electricity Available,Natural Gas Available,Sewer Connected,Water Connected

243 Avenida Madrid Neighborhood

Community

92672 (San Clemente) Demographics

46
Median Age
3,915
Population Density (per sq. mile)
56%
College Educated
$89,029
Estimated Median Income
7,702
Estimated Total Home Owners
6,778
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

243 Avenida Madrid Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

243 Avenida Madrid Market Data

Based on the last 30 days in this zip code

$2,545,961
Average List Price
$1,122
Average Price per Square Foot
28
Properties Sold
61
Average Days on Market
237
Properties for Sale
Calculations provided by Reliance Network

243 Avenida Madrid History

Date Event Value Agent
5/18/2026Source: CRMLS Price Reduction
$2,980,000 -0.7%
4/22/2026Source: CRMLS Added to Database
April 22, 2026
Listing provided courtesy of William R. Wilson, RealtyWill Wilson- MLS# OC26087155MLS ProviderContact Information: 949-498-9755
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