33572 Blue Lantern Street

Active

33572 Blue Lantern Street

Dana Point CA, 92629

$2,585,000

$638.59 per sqft

Active

4,048 sqft

Multi-family

Built in 1971

Listed by Rick Applebaum with Morgan Skenderian [email protected]

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

PW24227021

MLSⓇ ID

November 4, 2024

Listed

November 5, 2024

Updated

Map

33572 Blue Lantern Street
Dana Point CA, 92629

Interior Features

Total Stories: 2
Interior Features: Ceiling Fan(s), Stone Counters
Appliances: Dishwasher, Gas Range, Microwave, Water Heater
Laundry Description: Common Area
Floor Description: Tile, Vinyl
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.22 Acres
Lot Features: Front Yard, Landscaped, Sprinkler System
Sewer: Public Sewer

Other Property Details

Area Name: DH - Dana Hills
Days on Market: 1
Garage: Yes
Garage Spaces: 4
Parking Total: 12
View: No
View Description: None
County: Orange
Water Source: Public
Pool: No
Pool Features: None

Listing Contact: 949-251-8800

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/5/2024 at 2:50 PM UTC