33572 Blue Lantern Street

Dana Point, CA 92629

$2,585,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1971

calendar_month Built

Property 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

Listing Information

List Price $2,585,000
Status Active
MLS PW24227021
Type Residential Income
Subtype Quadruplex
Year Built 1971
Lot Size 9,583
Structure Size N/A
DOM 1
Courtesy Of Morgan Skenderian
Listing Agent Rick Applebaum DRE#01273871
Co-Listing Agent Paul Espinosa DRE#01942627

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Tile, Vinyl
Additional Information
Additional Features Ceiling Fan(s), Stone Counters

Exterior Information

Maps

Listing information courtesy of: Rick Applebaum, Paul Espinosa, Morgan Skenderian . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 5th, 2024 at 2:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.