Homes for sale - 33572 Blue Lantern ST, Dana Point, CA 92629

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$2,585,000

Est. payment - /mo

9,583 Sqft Lot

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UPDATED:

11/05/2024 02:27 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision ,Unknown

MLS Listing ID PW24227021

HOA Y/N No

Year Built 1971

Lot Size 9,583 Sqft

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

Location

State CA

County Orange

Area Dh - Dana Hills

Interior

Interior Features Ceiling Fan(s), Stone Counters

Heating Forced Air

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Water Heater

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 12

Private Pool No

Building

Lot Description Front Yard, Landscaped, Sprinkler System

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 68204318

Energy Description 1150.0

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Rick Applebaum • Morgan Skenderian • rma@morganskenderian.com

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

33572 Blue Lantern ST Dana Point, CA 92629