33621 Blue Lantern Street new

Dana Point,CA 92629

$ 3495000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25136340

Lot Size 7,405 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Welcome to 33621 Blue Lantern a recently Remodeled and Turnkey, Luxury Duplex in the Heart of Dana Point. The 3,800 square foot structure is situated on a 7,405 square foot lot and comprised of two units, each with the exact same floor plan. Each unit is 1,900 square feet, boasting 3 Bedrooms and 3 Full Bathrooms, equipped with two car garages, plenty of additional driveway parking and great sized backyards. The top unit also has multiple patio/view decks. Each unit has vinyl plank laminate flooring, recessed lighting, dual pane vinyl windows, central Air Conditioning/Heating and a list of newer features which include: appliances, ceiling fans, backsplashes, cabinets, quartz countertops, vanities, showers and baths, exhaust fans, plumbing fixtures, doorhandles and locks, baseboards, washers/dryers and much more. The top unit pays $5,150 per month in rent and the bottom unit pays $4,900 a month in rent currently. Both units have not had rental increases in nearly 4 years of occupancy, leaving potential upside for an investor looking to add value right away. In addition, each Tenant is currently on Month-to-Month leases making the property ideal and flexible for an Owner/User who wants to occupy one unit and rent out the other. The Location is ideal with walking distance to Dana Points Downtown, The Lantern District, Dana Hills High School, Salt Creek and Strands Beach, The Waldorf Astoria Monarch Beach Resort/Spa, Monarch Beach Golf Links, Ritz Carlton, and the Dana Point Harbor which is undergoing nearly $300,000,000 dollar revitalization project with new Restaurants, Retai
Welcome to 33621 Blue Lantern a recently Remodeled and Turnkey, Luxury Duplex in the Heart of Dana Point. The 3,800 square foot structure is situated on a 7,405 square foot lot and comprised of two units, each with the exact same floor plan. Each unit is 1,900 square feet, boasting 3 Bedrooms and 3 Full Bathrooms, equipped with two car garages, plenty of additional driveway parking and great sized backyards. The top unit also has multiple patio/view decks. Each unit has vinyl plank laminate flooring, recessed lighting, dual pane vinyl windows, central Air Conditioning/Heating and a list of newer features which include: appliances, ceiling fans, backsplashes, cabinets, quartz countertops, vanities, showers and baths, exhaust fans, plumbing fixtures, doorhandles and locks, baseboards, washers/dryers and much more. The top unit pays $5,150 per month in rent and the bottom unit pays $4,900 a month in rent currently. Both units have not had rental increases in nearly 4 years of occupancy, leaving potential upside for an investor looking to add value right away. In addition, each Tenant is currently on Month-to-Month leases making the property ideal and flexible for an Owner/User who wants to occupy one unit and rent out the other. The Location is ideal with walking distance to Dana Points Downtown, The Lantern District, Dana Hills High School, Salt Creek and Strands Beach, The Waldorf Astoria Monarch Beach Resort/Spa, Monarch Beach Golf Links, Ritz Carlton, and the Dana Point Harbor which is undergoing nearly $300,000,000 dollar revitalization project with new Restaurants, Retail, Marina and Two - 5 Star Hotels making it the most high end Harbor/Marina in all of California. The possibilities and upside to this property and location are truly endless. You will not want to miss out on this opportunity to own in Dana Point

Location

State CA

County Orange

Area Oc - Dana Point (92629)

Zoning Assessor

Interior

Cooling Central Forced Air

Building

Lot Description Curbs,Sidewalks

Story 2

Others

Monthly Total Fees $241

Acceptable Financing Cash,Conventional,VA

Listing Terms Cash,Conventional,VA

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