33572 Blue Lantern Street, Dana Point, CA 92629

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Glen Henderson

[email protected] +1(619) 889-7646

$2,585,000

Est. payment - /mo

9 Beds

6 Baths

9,583 Sqft Lot

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UPDATED:

11/06/2024 02:54 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24227021

Bedrooms 9

HOA Y/N No

Lot Size 9,583 Sqft

Type of Financing Conventional

Property Description

33572 Blue Lantern, a charming 4-unit apartment building offering a rare opportunity to invest in one of the most sought-after rental locations within the city. Built in 1971 and situated on a larger lot, offering ample parking space in addition to the (4) garages. The subject property features spacious 2 & 3 bedroom units including 3 of the 4 units being townhouse style layouts. Owned and operated by current ownership for over 50 years, the property has been well-maintained and received many upgrades including newer windows, hot water heater, forced air units, washer & dryer machines and the property was fumigated approximately 1 year ago. Various upgrades to the interiors and a plethora of amenities also enhance their appeal to tenants. With a projected rental upside of 38%, this multifamily gem presents a promising avenue for significant investment returns
33572 Blue Lantern, a charming 4-unit apartment building offering a rare opportunity to invest in one of the most sought-after rental locations within the city. Built in 1971 and situated on a larger lot, offering ample parking space in addition to the (4) garages. The subject property features spacious 2 & 3 bedroom units including 3 of the 4 units being townhouse style layouts. Owned and operated by current ownership for over 50 years, the property has been well-maintained and received many upgrades including newer windows, hot water heater, forced air units, washer & dryer machines and the property was fumigated approximately 1 year ago. Various upgrades to the interiors and a plethora of amenities also enhance their appeal to tenants. With a projected rental upside of 38%, this multifamily gem presents a promising avenue for significant investment returns

Location

State CA

County Orange

Area Oc - Dana Point (92629)

Zoning Assessor

Interior

Appliance Forced Air Unit

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $276

Acceptable Financing Conventional

Space Rent $2,200

Listing Terms Conventional

CFD/Mello-Roos Fee $3, 322

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Listed by Rick Applebaum • Morgan Skenderian

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

33572 Blue Lantern Street Dana Point, CA 92629

Glen Henderson

Glen Henderson

Key Details

Location

Interior

Building

Others

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