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
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
47536477
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Ceiling Fan(s),Stone Counters
- Property Appliances: Dishwasher,Gas Range,Microwave,Water Heater
- Flooring: Tile,Vinyl
Heating Source
- Forced Air
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1971
- Building Area Total: 4,048
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.22
- Lot Size Source: Assessor
- Lot Size Square Feet: 9583
-
Listing Information
Listing Price Information
- Original List Price: 2,585,000
- Listing Contract Date: 2024-11-04
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 68204318
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: DH - Dana Hills
- Postal Code Plus 4: 1723
- Directions: South of Stonehill Drive and west of Golden Lantern
- Source Property Type: Residential Income
- Area: DH - Dana Hills
- Property SubType: Quadruplex
Building and Construction
- Property Age: 53
- Common Walls: No Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2
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BuyOwner last updated this listing 12/23/2024 @ 19:52
- MLS: PW24227021
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 9 bedrooms which is for sale, it has 4,048 sqft, 9,583 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Dana Point , in zip code 92629, this Orange County Home , it is in the Lantern Village South (LDS) Subdivision, are nearby neighborhoods.