24851 Sherwood Way, Dana Point, CA 92629

$1,525,000
3,174
SqFt
Sold Price
$1,525,000
List Price
$1,550,000
Closing Date
Apr 02, 2020
Status
CLOSED
MLS#
PW20030075
Year Built
1975
Living Sq. Ft
3,174
Lot Size
7,920
Acres
0.1818
Lot Location
2-5 Units/Acre
Days on Market
15
Property Type
Multifamily
Stories
Two Level

Property Description

We are pleased to offer 24851 Sherwood Way, a 3-unit apartment building located in one of the most desirable rental locations in the quaint seaside city of Dana Point. In 2014, Sherwood Way underwent a $200,000 overhaul with completely remodeled interiors and exterior, bringing the building to model home standards. Renovations included: new kitchens with new cabinets and quartz countertops, stainless steel appliances, new porcelain tile flooring, LED lighting, and new bathrooms with new vanities, fixtures and marble sinks. Capital improvements included: new forced air units, new vinyl windows and doors and fresh exterior paint. Sherwood Way offers its tenants on-site laundry, garage parking and a huge back yard for the downstairs unit, all while being in close proximity to the harbor (which is approved for a $330 million renovation), and the newly upgraded Lantern District with fresh dining, shopping and entertainment options and numerous parks and schools. This property can be sold separately, or together with 33346 Cheltam Way, Dana Point, which is located around the corner in the same neighborhood.

Additional Information

Tract Number
6928
Lot Description
Curbs, Sidewalks, Storm Drains, Street Lights
Pool Description
None
Heat
Central
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$86,940
Operating Expense
25183

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Damien Breaux from Morgan Skenderian

Listing sold by Maryam Alizadeh Samini from First Team Real Estate