33572 Blue Lantern Street
Dana Point, CA, 92629
$2,585,000
Beds
0 Baths
SqFt
0.22 Acres
Add
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 &#38' 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 &#38' 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

Property Details

Price:
$2,585,000
MLS #:
PW24227021
Status:
Active
Baths:
0
Address:
33572 Blue Lantern Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
dhdanahills
City:
Dana Point
Listed Date:
Nov 4, 2024
State:
CA
ZIP:
92629
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1971
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Schools

Interior

Appliances
Dishwasher, Gas Range, Microwave, Water Heater Central
Flooring
Tile, Vinyl
Heating
Forced Air
Interior Features
Ceiling Fan(s), Stone Counters

Exterior

Community Features
Curbs, Gutters, Sidewalks, Street Lights
Garage Spaces
4.00
Lot Features
Front Yard, Landscaped, Lot 6500-9999, Sprinkler System
Parking Spots
12.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public

Financial

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Community

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33572 Blue Lantern Street
Dana Point, CA