33861 Copper Lantern Street, Dana Point, CA 92629

$1,600,000
3,223
SqFt
List Price
$1,600,000
Status
ACTIVE
MLS#
OC20190275
Year Built
1973
Living Sq. Ft
3,223
Lot Size
4,413
Acres
0.1013
Lot Location
Corner Lot
Days on Market
9
Property Type
Multifamily
Stories
Two Levels

Property Description

This is a rare opportunity to own not one, but TWO four-plexes, side-by side and street-to-street with ocean views from the top units! Both 33861 Copper Lantern and 33862 Alcazar are for sale ($3.2 for both) in the Lantern District of beautiful Dana Point. These investment properties feature 2 units with 1 bedroom and 1 bathroom and 2 units with 2 bedrooms and 1 bathroom. One upper unit has a private patio (with an ocean view) and one lower unit has a private backyard space. Each unit has a garage and there are on-site laundry hookups for added income potential. Each unit has a separate gas and electric meter. These properties are located in the Lantern District close to Dana Point Harbor and Doheny State Beach. You are not going to want to miss this opportunity! Dana Point Harbor is currently undergoing an exciting $330M redevelopment, with new shops, hotels and restaurants.

Additional Information

Tract Number
857
Lot Description
Curbs, Park, Sidewalks
Pool Description
None
Fireplace Description
None
Cooling Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Private
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$78,000
Operating Expense
26591
Unit One Total Units
2
Unit One Beds
1
Unit One Baths
1
Unit One Garage Spaces
2.00
Unit One Actual Rent
1550.00
Unit One Total Rent
3100.00
Unit One Pro Forma
3400
Unit One Furnished
Unfurnished
Unit Two Total Units
2
Unit Two Beds
2
Unit Two Baths
1
Unit Two Garage Spaces
2.00
Unit Two Actual Rent
1700.00
Unit Two Total Rent
3400.00
Unit Two Pro Forma
4400
Unit Two Furnished
Unfurnished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Leilani SerraoBaker from Douglas Elliman of California

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.