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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.
Last Updated | 9/9/2025 | Year Built | 1965 |
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Community | SC - San Clemente Central | Garage Spaces | 7.0 |
County | Orange |
Additional Details
AIR | None |
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AREA | SC - San Clemente Central |
GARAGE | Yes |
HEAT | None |
LOT | 0.2901 acre(s) |
LOT DIMENSIONS | 120x105 |
PARKING | Garage |
STORIES | 2 |
Location
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