$1,550,000 - 156 W Escalones, San Clemente

  • 2Beds
  • 1Baths
  • 3,024SQ. Feet
  • 0.14Acres

San Clemente Home For Sale

Welcome to 156 W. Escalones, a beach-close 4-unit investment opportunity located in the coastal community of San Clemente. The offering of 156 W. Escalones is perfectly located just over 2 blocks to direct beach access with prized surfing locations, easy access to San Clemente Historic Pier via San Clemente Beach Trail, Del Mar (Downtown) with countless shops, dining & entertainment, and Las Palmas Elementary School. 156 W. Escalones is comprised of an extremely desirable unit mix of (4) two bedroom/one bathroom, single story units, each with their own garage and community laundry. Recent capital improvements include new exterior paint, retaining wall and newer garage doors. Priced at 4% CAP rate on current rents and realistic expenses makes 156 W. Escalones one of best opportunities on the market. Obtaining a loan with a 10 year fixed rate and interest only payments will produce immediate cash flow for an investor with room to improve through rent increases. This is an exceptional opportunity to own an ideal unit mix in one of Orange County's best coastal communities. *All 2-Bedroom, Single Story Units, *Just Over 2 Blocks to Direct Beach Access, *Newer Garage Doors, *Steps to Las Palmas Elementary School & Max Berg Plaza Park, *New Exterior Paint & Retaining Wall, *10 Year Fixed, Interest Only Financing Available

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces4
  • # of Garages4

Additional Information

  • Date ListedApril 25th, 2019
  • Days on Market12
  • Short SaleN
  • RE / Bank OwnedN

Essential Information

  • MLS® #PW19094763
  • Price$1,550,000
  • Bedrooms2
  • Bathrooms1.00
  • Square Footage3,024
  • Acres0.14
  • Year Built1963
  • TypeResidential Income
  • StatusPending

Exterior

  • Lot Description2-5 Units/Acre

Community Information

  • Address156 W Escalones
  • AreaSan Clemente Central (SC)
  • SubdivisionOther (OTHR)
  • CitySan Clemente
  • CountyOrange
  • StateCA
  • Zip Code92672

Interior

  • # of Stories2
  • StoriesTwo

Price Change History for 156 W Escalones, San Clemente, CA (MLS® #PW19094763)

Date Details Price Change
Pending
Active Under Contract (from Active)

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Other (othr)

  • City:
    San Clemente
  • Price Range:
    $800,000 - $3,225,000
  • Current Listings:
    13
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $570

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Provided By: Rick Applebaum(01273871), Morgan Skenderian.

Based on information from California Regional Multiple Listing Service, Inc. as of May 22nd, 2019 at 5:42am PDT. 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. 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, 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.