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$4,250,000
34 Days On Site
244 W EscalonesSan Clemente, CA92672
For Sale|Residential Income|Pending
7
Beds
8
Total Baths
5,071
SqFt
$838
/SqFt
1965
Built
County:
Orange
Listed by Michael O'Neill II of CB Richard Ellis, Inc. [email protected]
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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.
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Listing Snapshot
Price
$4,250,000
Days On Site
34 Days
Bedrooms
7
Inside Area (SqFt)
5,071 sqft
Total Baths
8
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2901 Acres
Year Built
1965
MLS® Number
25589837
Status
Pending
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Pending | |
| a month ago | Listing first seen on site |
General Features
Acres
0.2901
Garage
Yes
Garage Spaces
7
Levels
Two
Number Of Stories
2
Parking
Garage
Parking Spaces
7
Special Circumstances
Standard
SqFt Total
5071
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Community Features
MLS Area
SC - San Clemente Central
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. The 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, the 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.
Neighborhood & Commute
Source: Walkscore
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