33572 Blue Lantern Street
Dana Point, CA 92629
- – beds
- – baths
- – sqft
- 9,583 sqft lot
- 1971 build
- – on site
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 & 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 & 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
Listed By CRMLS_CA / Rick Applebaum / Morgan Skenderian / rma@morganskenderian.com
Last checked:
Checking…
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Last updated Nov 7, 2024
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MLS# PW24227021 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1971
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:No Common Walls
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Building Area Total:4048.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Features:Ceiling Fan(s), Stone Counters
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Levels:Two
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Entry Location:1
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Flooring:Tile, Vinyl
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Laundry:Community
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Laundry:1
Location
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Directions:South of Stonehill Drive and west of Golden Lantern
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Latitude:33.47506500
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Longitude:-117.70281500
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Lot Features:Front Yard, Landscaped, Lot 6500-9999, Sprinkler System
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Lot Size Area:9583.0000
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Lot Size Acres:0.2200
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Lot Size SqFt:9583.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:423.39
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Tax Tract:7503
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Tax Lot:19
The Listing
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Special Listing Conditions:Standard
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Parcel Number:68204318
Heating & Cooling
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Heating:1
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Heating:Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Gas Range, Microwave, Water Heater Central
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Included:Yes
The Community
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Subdivision:Other (OTHR)
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Subdivision:Unknown
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Senior Community:No
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Features:Curbs, Gutters, Sidewalks, Street Lights
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Pool:None
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Private Pool:No
Parking
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Parking Spaces:12.00
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Garage Spaces:4.00
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Uncovered Spaces:8.00
Extra Units
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Average 2 Bed Area:850
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Average 3 Bed Area:1561
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Number With Dishwasher:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/4/24
Nov 4, 2024
|
Listed / Active | CRMLS_CA | $2,585,000 |