244 W Escalones, San Clemente, CA 92672

About this property

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.

Listing description from the October 2025 sale, as reported to CRMLS.

Sale history

$4,162,000

Sold October 2025 · listed $4,250,000, on market September 2025 · MLS #25589837 · Source: CRMLS

Listing Agent: Michael O'Neill II · Listing Office: CB Richard Ellis, Inc. · Bought with: Michael O'Neill II · CB Richard Ellis, Inc.

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