Bob Arthur
Re/Max Coastal Homes
(949) 755-7664
55 Total Sales
2 in Central San Clemente
$1,730,000 Price Range
244 W Escalones San Clemente, CA 92672
Central San Clemente Neighborhood
7
Beds
8
Baths
5,071
Sq Ft
0.29
Acre Lot
Highlights
- 7 Car Garage
- Las Palmas Elementary School Rated A-
- 5-minute walk to Max Berg Park
About This Home
As of October 2025244 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 Agent to Sell the Property
CB Richard Ellis, Inc. License #02036937 Listed on: 09/09/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 12,636 Sq Ft Lot
- Lot Dimensions are 120x105
Parking
- 7 Car Garage
Interior Spaces
- 5,071 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 8 Bathrooms
Community Details
- 2 Buildings
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 692-082-33
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2025
Closed on
Oct 20, 2025
Sold by
244 W Escalones Llc
Bought by
Seller's Agent
Mike O’Neill
CB Richard Ellis, Inc.
Buyer's Agent
Mike O’Neill
CB Richard Ellis, Inc.
List Price
$4,250,000
Sold Price
$4,162,000
Premium/Discount to List
-$88,000
-2.07%
Views
13
Purchase Details
Closed on
Sep 18, 2024
Sold by
Ragsadale Family Residential Properties
Bought by
244 W Escalones Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,544,000
Interest Rate
6.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2022
Sold by
Ragsdale Family Residential Properties L
Bought by
Ragsdale Family Residential Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.78%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 4, 2003
Sold by
Frey Steve and Frey Debra
Bought by
Holdt Terry N and Holdt Sharon R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,700
Interest Rate
6.14%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 2, 2001
Sold by
Banyai Daniel J and Demmer Richard A
Bought by
Frey Steve and Frey Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,700
Interest Rate
7.71%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central San Clemente, CA
-
Bob Arthur
-
Candice Blair
Candice Blair
Coldwell Banker Realty
(949) 744-5263
108 Total Sales
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$1,875,000 Price Range
-
Cyd Panaccione
Cyd Panaccione
Brush Realty
(442) 222-3777
113 Total Sales
1 in Central San Clemente
$3,449,000 Price
-
Tony English
Tony English
Responds QuicklyEnglish Realty
(949) 541-8197
39 Total Sales
1 in Central San Clemente
$1,250,000 Price
-
Arianna Schwarz
Arianna Schwarz
Real Brokerage Technologies
(858) 585-4234
165 Total Sales
1 in Central San Clemente
$1,280,000 Price
-
Denise Mellor
Denise Mellor
First Team Real Estate
(657) 300-3913
44 Total Sales
1 in Central San Clemente
$2,600,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $4,162,000 | Chicago Title Company | ||
| 244 W Escalones Llc | $2,600,000 | Chicago Title Company | |
| Ragsdale Family Residential Properties Llc | -- | Ticor Title | |
| Holdt Terry N | $1,630,000 | United Title Company | |
| Frey Steve | $506,000 | Commonwealth Land Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $2,544,000 | ||
| Previous Owner | Ragsdale Family Residential Pr | $2,000,000 | |
| Previous Owner | Ragsdale Family Residential Properties Llc | $1,460,000 | |
| Previous Owner | Holdt Terry N | $814,700 | |
| Previous Owner | Frey Steve | $890,000 | |
| Previous Owner | Frey Steve | $80,000 | |
| Previous Owner | Frey Steve | $88,000 | |
| Previous Owner | Frey Steve | $200,000 | |
| Previous Owner | Frey Steve | $70,000 | |
| Previous Owner | Frey Steve | $371,700 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $4,162,000 | -2.1% | $821 / Sq Ft |
| 09/30/2025 09/30/25 | Pending | -- | -- | -- |
| 09/09/2025 09/09/25 | For Sale | $4,250,000 | -- | $838 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $26,261 | $4,162,000 | $3,720,649 | $441,351 |
| 2025 | $26,261 | $2,600,000 | $2,215,081 | $384,919 |
| 2024 | $23,655 | $2,334,657 | $2,010,989 | $323,668 |
| 2023 | $23,154 | $2,288,880 | $1,971,558 | $317,322 |
| 2022 | $22,714 | $2,244,000 | $1,932,900 | $311,100 |
| 2021 | $22,275 | $2,200,000 | $1,895,000 | $305,000 |
| 2020 | $21,458 | $2,118,494 | $1,767,449 | $351,045 |
| 2019 | $21,035 | $2,076,955 | $1,732,793 | $344,162 |
| 2018 | $20,631 | $2,036,231 | $1,698,817 | $337,414 |
| 2017 | $20,228 | $1,996,305 | $1,665,506 | $330,799 |
| 2016 | $19,841 | $1,957,162 | $1,632,849 | $324,313 |
| 2015 | $19,542 | $1,927,764 | $1,608,322 | $319,442 |
| 2014 | $19,168 | $1,890,002 | $1,576,817 | $313,185 |
Source: Public Records
Agents Affiliated with this Home
-
Mike O’Neill
Seller's Agent in 2025
Mike O’Neill
CB Richard Ellis, Inc.
(949) 725-8500
4 in this area
59 Total Sales
Map
Source: The MLS
MLS Number: 25589837
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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