33572 Blue Lantern ST Active

Dana Point,CA 92629

$ 2585000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision ,Unknown

MLS Listing ID PW24227021

Year Built 1971

Lot Size 9,583 Sqft

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

Location

State CA

County Orange

Area Dh - Dana Hills

Interior

Heating Forced Air

Flooring Tile,Vinyl

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs,Gutter(s),Street Lights,Sidewalks

View Y/N No

View None

Building

Lot Description Front Yard,Landscaped,Sprinkler System

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan,Conventional

Listing Terms Cash to New Loan,Conventional

Special Listing Condition Standard

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