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$4,162,000
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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.
Full Property Details
Full Property Details for 244 W Escalones
General
- Sold For: $4,162,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25589837
- Added to Site: 129 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 7
- Garage Description: Garage
Location
- Area: San Clemente Central
- County: Orange
- Driving Directions: From I-5 S, Take exit 75 for Ave Palizada toward San Clemente, Turn right onto E Avenida Palizada, Turn right onto N El Camino Real, Pass by Wells Fargo Bank (on the right), Turn left onto W Escalones, Turn left to stay on W Escalones, Property on the right
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- # Buildings: 2
- Stories/Levels: 2
- Square Feet: 5,071
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1965
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 7
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.29
- Lot Size: 12636
- Lot Size Source: Assessor
- Lot Dimensions: 120 x 105
Financial Considerations
- Price Per Sq. Ft.: $838.1
- Assessment Year: 1965
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 692-082-33
Listed and Sold by CB Richard Ellis, Inc., Michael O'Neill II
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Schools
Schools serving 244 W Escalones
School District:Capistrano Unified School District
| Name | Grades | Distance |
|---|---|---|
Las Palmas Elementary School 1101 Calle Puente, San Clemente, CA 92672 | PK-5 | 0.2 mi |
Bernice Ayer Middle School 1271 Calle Sarmentoso, San Clemente, CA 92673 | 6-8 | 2.8 mi |
San Clemente High School 700 Avenida Pico, San Clemente, CA 92673 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 244 W Escalones
Date
Details
Price
Change
Source
10/24/2025
Sold
$4,162,000
-2.07%
MLS
9/09/2025
Listed
$4,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
244 W Escalones, San Clemente, CA 92672 (MLS# 25589837) is a Multi-Family property that was sold at $4,162,000 on October 24, 2025. Want to learn more about 244 W Escalones? Do you have questions about finding other Multi-Family real estate for sale in San Clemente Central? You can browse all San Clemente Central real estate or contact a Coldwell Banker agent to request more information.

