34051 Silver Lantern Street
Dana Point, CA, 92629
$3,250,000
5 Beds
4 Baths
2,412 SqFt
0.09 Acres
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Super duplex opportunity in the heart of Lantern Village, Dana Point! This property features a 3-bedroom, 2-bathroom upper unit all on one level, and a 2-bedroom, 2-bathroom lower unit, also all on one level. Both units have fireplaces in the living rooms and ceiling fans. The upper unit includes vaulted ceilings and a peek-a-boo ocean view from the deck. The 3-bedroom unit comes with a 2-car garage, and the 2-bedroom unit has a single-car garage. Both garage doors have been replaced and include remote openers. Each unit has inside laundry hook-ups. Major upgrades were completed in December 2020, including new windows, decking, roof, exterior paint, and gutters. Located close to Downtown Dana Point, shopping, restaurants, parks, the harbor, beaches, and the ocean. Also convenient to public transportation, freeway access, and the train station. The upper unit tenant is vacating after 14 years, and the current rent is significantly below market value – presenting an opportunity to secure a new market-rate tenant or occupy the unit as an owner. The lower unit is occupied by a long-term, reliable, and very friendly tenant who is also below market rent. Potential to add two ADUs above the existing garage without extensive city approvals (buyer to verify with the City).

Property Details

Price:
$3,250,000
MLS #:
PW25110110
Status:
Active
Beds:
5
Baths:
4
Address:
34051 Silver Lantern Street
Type:
Single Family
Subtype:
Duplex
Subdivision:
Lantern Village Central LDC
Neighborhood:
ltlanternvillage
City:
Dana Point
Listed Date:
May 16, 2025
State:
CA
Finished Sq Ft:
2,412
ZIP:
92629
Lot Size:
3,964 sqft / 0.09 acres (approx)
Year Built:
1977
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Schools

School District:
Other

Interior

Cooling
None
Fireplace Features
Family Room, Living Room
Heating
Central
Interior Features
Balcony, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings

Exterior

Community Features
Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
Garage Spaces
2.00
Lot Features
Sloped Down, Landscaped, Rectangular Lot
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
Ocean
Water Source
Public

Financial

Association Fee
0.00

Map

Community

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34051 Silver Lantern Street
Dana Point, CA