UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 2,412 sqft
Price per Sqft $1,347
MLS Listing ID PW25110110
Style Townhome
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1977
Lot Size 3,964 Sqft
Acres 0.091
Property Sub-Type Townhome
Type of Financing Cash,Conventional,Exchange,Cash To New Loan,Submit
Property Description
Super duplex opportunity in the heart of Lantern Village, Dana Point! This property features a 3-bedroom, 2-bathroom upper unit all on one level, and a 2-bedroom, 2-bathroom lower unit, also all on one level. Both units have fireplaces in the living rooms and ceiling fans. The upper unit includes vaulted ceilings and a peek-a-boo ocean view from the deck. The 3-bedroom unit comes with a 2-car garage, and the 2-bedroom unit has a single-car garage. Both garage doors have been replaced and include remote openers. Each unit has inside laundry hook-ups. Major upgrades were completed in December 2020, including new windows, decking, roof, exterior paint, and gutters. Located close to Downtown Dana Point, shopping, restaurants, parks, the harbor, beaches, and the ocean. Also convenient to public transportation, freeway access, and the train station. The upper unit tenant is vacating after 14 years, and the current rent is significantly below market value - presenting an opportunity to secure a new market-rate tenant or occupy the unit as an owner. The lower unit is occupied by a long-term, reliable, and very friendly tenant who is also below market rent. Potential to add two ADUs above the existing garage without extensive city approvals (buyer to verify with the City).
Location
State CA
County Orange
Area Oc - Dana Point (92629)
Zoning R-2
Interior
Interior Features Balcony
Fireplaces Type FP in Family Room, FP in Living Room
Laundry Inside
Exterior
Garage Spaces 2.0
View Ocean
Total Parking Spaces 2
Building
Lot Description Sidewalks, Landscaped
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $183
Miscellaneous Storm Drains,Suburban
Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan, Submit
Listing Terms Cash, Conventional, Exchange, Cash To New Loan, Submit
Special Listing Condition Standard
CFD/Mello-Roos Fee $2, 200

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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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