33572 Blue Lantern Street

Dana Point, CA 92629
$2,585,000
0.22 acres | #PW24227021
Courtesy of Morgan Skenderian

Description

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

  • Interior Details
    • Interior Features
      • Interior:CeilingFans, StoneCounters
  • Property Details
    • Property
      • Stories:2
      • Lot description:FrontYard, Landscaped, SprinklerSystem
    • Measurements
      • Acres:0.22
    • Parking
      • Parking spaces:4
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1971
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:, Unknown
    • Location
      • County:Orange
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 585, 000
  • Other
    • Source
      • MLS #:PW24227021

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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