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243 Avenida Madrid

San Clemente, CA 92672
  • $3,250,000
  • STATUS: Active
  • ON SITE: 208 Days
  • ID#: OC25182601
UPDATED: 158 min ago
$3,250,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

Listing Agent(s): Will Wilson of William R. Wilson, Realty (949-498-9755)


Description

About the PropertyPresenting 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 legacyPerched 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 charmInterior & Architectural HighlightsRich 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 FeaturesMultiple 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 & LayoutBuilt 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 & LifestyleNestled 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/166871035
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243 Avenida Madrid San Clemente, CA 92672

  • Price: $3,250,000
  • Status: Active
  • On Site: 208 Days
  • Updated: 158 min ago
  • ID#: OC25182601
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1927
Built
Neighborhood:
Other
County:
Orange
Area:
SC - San Clemente Central
Property Description
About the PropertyPresenting 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 legacyPerched 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 charmInterior & Architectural HighlightsRich 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 FeaturesMultiple 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 & LayoutBuilt 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 & LifestyleNestled 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.
Exterior Features

Carport Spaces 6 Carport YN Yes Construction Materials Stucco Entry Level 1 Entry Location other Exterior Features Barbecue Fencing BlockWood Foundation Details Slab Lot Features Back YardFront YardGardenGreenbeltLandscaped Number Of Separate Electric Meters 4 Open Parking Spaces 6 Parking Features PavedPrivate Parking Total 12 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Tile Spa Features None Spa YN No View CanyonOceanPeek-A-BooTrees/Woods View YN Yes Waterfront Features Ocean Side Of Freeway

Interior Features

Appliances Built-In RangeElectric RangeDisposalGas OvenGas RangeRefrigeratorRange HoodWater Heater Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminateTileVinylWood Heating Electric Heating YN Yes Interior Features Block WallsCeiling Fan(s)Ceramic CountersCathedral Ceiling(s)High CeilingsLiving Room Deck AttachedTile CountersBedroom on Main Level Window Features Wood Frames

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsRavine Contingency none Disclosures Coastal Commission RestrictionsCoastal Zone Electric Standard Fuel Expense 444 Garage YN No Gross Income 1512000 Gross Scheduled Income 150000 Insurance Expense 1961 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanContract1031 ExchangeOwner Will CarryOwner May Carry Net Operating Income 136425 New Construction YN No New Taxes Expense 6823 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 13575 Pest Control Expense 120 Property Condition Repairs Cosmetic Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Fire Detection SystemSmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 125000 Trash Expense 639 Utilities Cable ConnectedElectricity AvailableNatural Gas AvailableSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 1728 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Will Wilson of William R. Wilson, Realty (949-498-9755)