About 244 Escalones
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.
Features of 244 Escalones
| MLS® # | 25589837 |
|---|---|
| Price | $4,250,000 |
| Sold Price | $4,162,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 5,071 |
| Lot Sqft | 12,636 |
| Acres | 0.29 |
| Year Built | 1965 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 7 |
Community Information
| Address | 244 Escalones |
|---|---|
| Area | SC - San Clemente Central |
| City | San Clemente |
| County | Orange |
| Zip Code | 92672 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | Garage |
| # of Garages | 7 |
| Garages | Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | September 9th, 2025 |
|---|---|
| Date Sold | October 24th, 2025 |
| Days on Market | 21 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Michael O'neill Ii |
|---|---|
| Office | CB Richard Ellis, Inc. |
