Multifamily

156 West Escalones

Listing Price: $1,699,000

Cap Rate
4.45%
Number of Units
4
Price/Unit
$424,750
Price/Gross SF
$561.84
Gross SF
3,024

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 156 West Escalones, a 4-unit multifamily investment property located in San Clemente, California. Built in 1963, the 3,024 square foot property consists exclusively of two-bedroom units and offers amenities including a large sundeck, garage parking, and on-site laundry. In recent years, current ownership has completed significant capital improvements including new exterior paint, a new retaining wall, and new garage doors. Located just a few blocks from the beach, 156 West Escalones places its residents a short walk away from direct beach access or a half mile drive to the San Clemente Pier. Additionally, the property is just over a quarter of a mile away from the shops and restaurants along Avenida Del Mar and El Camino Real. 156 West Escalones' central position within San Clemente allows its residents to sample some of the city's eclectic boutiques and popular local restaurants, such as Nick's San Clemente and Vine Restaurant & Bar. The property's strategic location, less than three-quarters of a mile from El Camino Real, Interstate 5, and the San Clemente Metrolink Station, provides residents with convenient access to employment hubs throughout Los Angeles, Orange, and San Diego Counties.

Investment Highlights

  • A 4-Unit Multifamily Investment Property Located in San Clemente
  • The Property Consists of 100% Two-Bedroom Units
  • Amenities Include a Spacious Sundeck, Garage Parking, and On-Site Laundry
  • Current Ownership has Completed Significant Capital Improvements: New Exterior Paint, New Retaining Wall, and New Garage Doors
  • Located in a Federal Opportunity Zone, the Property is also Within Walking Distance from San Clemente Pier, San Clemente City Beach, and Downtown San Clemente

Exclusively Listed By

Listing Price: $1,699,000

Cap Rate
4.45%
Number of Units
4
Price/Unit
$424,750
Price/Gross SF
$561.84
Gross SF
3,024

Investment Highlights

  • A 4-Unit Multifamily Investment Property Located in San Clemente
  • The Property Consists of 100% Two-Bedroom Units
  • Amenities Include a Spacious Sundeck, Garage Parking, and On-Site Laundry
  • Current Ownership has Completed Significant Capital Improvements: New Exterior Paint, New Retaining Wall, and New Garage Doors
  • Located in a Federal Opportunity Zone, the Property is also Within Walking Distance from San Clemente Pier, San Clemente City Beach, and Downtown San Clemente

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 156 West Escalones, a 4-unit multifamily investment property located in San Clemente, California. Built in 1963, the 3,024 square foot property consists exclusively of two-bedroom units and offers amenities including a large sundeck, garage parking, and on-site laundry. In recent years, current ownership has completed significant capital improvements including new exterior paint, a new retaining wall, and new garage doors. Located just a few blocks from the beach, 156 West Escalones places its residents a short walk away from direct beach access or a half mile drive to the San Clemente Pier. Additionally, the property is just over a quarter of a mile away from the shops and restaurants along Avenida Del Mar and El Camino Real. 156 West Escalones' central position within San Clemente allows its residents to sample some of the city's eclectic boutiques and popular local restaurants, such as Nick's San Clemente and Vine Restaurant & Bar. The property's strategic location, less than three-quarters of a mile from El Camino Real, Interstate 5, and the San Clemente Metrolink Station, provides residents with convenient access to employment hubs throughout Los Angeles, Orange, and San Diego Counties.

Exclusively Listed By

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