244 W Escalones, San Clemente, CA 92672
- $4,162,000
- 7
- BD
- 8
- BA
- 5,071
- SqFt
- Sold Price
- $4,162,000
- List Price
- $4,250,000
- Closing Date
- Oct 24, 2025
- Status
- CLOSED
- MLS#
- 25589837
- Year Built
- 1965
- Bedrooms
- 7
- Bathrooms
- 8
- Living Sq. Ft
- 5,071
- Lot Size
- 12,636
- Acres
- 0.29
- Days on Market
- 8
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
244 W. Escalones is a fully renovated 7-unit apartment building just 220 ft. from beach access and the San Clemente Beach Trail. Offering the highest cap rate of any 5+ unit property in the city, this stabilized asset is fully occupied and cash flowing. Unit mix includes studios, one-bedrooms, and a free-standing 3-bedroom SFR. The property has over $1.3M invested in upgrades inside and out. Originally 6 units, the addition of a permitted ADU brings even more income potential. Expansion plans for the SFR's second story offer future value-add opportunity.
/u.realgeeks.media/ericengelbert/Realtor-Orange-County.png)
Additional Information
- Heat
- None
- Cooling Description
- None
- Garage Spaces Total
- 7
- Attached Structure
- Detached
- Number Of Units Total
- 7
Listing courtesy of Listing Agent: Michael O'Neill II (Mike.Oneill@cbre.com) from Listing Office: CB Richard Ellis, Inc..
Listing sold by Michael O'Neill II from CB Richard Ellis, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.