$ 2,585,000
33572 Blue Lantern Street Dana Point, CA 92629
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$ 2,585,000
Est. payment | /mo
9 Beds
4,048 SqFt
$ 2,585,000
Est. payment | /mo
9 Beds
4,048 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,048 sqft
Price per Sqft $638
MLS Listing ID CRPW24227021
Bedrooms 9
HOA Y/N No
Year Built 1971
Lot Size 9,583 Sqft
Acres 0.22
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 Listing
Interior
Heating Forced Air
Flooring Tile, Vinyl
Fireplace No
Laundry Community Facility
Exterior
Exterior Feature Front Yard
View Y/N false
View None
Total Parking Spaces 12
Building
Lot Description Other, Front Yard, Landscape Misc
New Construction No
Others
Tax ID 68204318
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Rick Applebaum • Morgan Skenderian
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "