33572 Blue Lantern Street
Dana Point, CA 92629
0.22 acres | #PW24227021
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
- InteriorCeilingFans, StoneCounters
Property Details
- Lot DescriptionFrontYard, Landscaped, SprinklerSystem
- Stories2
Measurements
- Acres0.22
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1971
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- Subdivision, Unknown
Location
- CountyOrange
Financial Details
- Original List Price$2,585,000
Other
- MLS #PW24227021
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Rick Applebaum (#PAPPLRIC)
Listing Office: Morgan Skenderian (#PB8846)
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.
