NOT LISTED FOR SALE
9 Beds
9 Baths
5,228 Sq Ft
0.26 Acres

Last Sold December 01, 2020

Last sale price $2,150,000 $411 Per Sq Ft

143 Days on Market

Highlights

  • Ocean Side of Freeway
  • View of Trees or Woods
  • Property is near public transit
  • Del Obispo Elementary School Rated A-
  • Open Floorplan
  • Traditional Architecture

About This Home

As of December 2020

Dana Point's largest fourplex building centrally located in a highly sought after area. Directly next to Dana Point's City Hall and across from Dana Hills High School. This four unit property has 3 townhouse style light & bright units, each with very large private fenced back yards. Plenty of space to create your own sustainable gardens. Enough hardscape area to set up patio furniture to entertain or simply relax. Single car individual garages with roll up doors and 6 additional assigned parking spaces on the premises. The 4th dwelling is a single level unit which sits over the garage structure and has a huge patio outdoor deck area. The A unit has been recently remodeled 3 bedrooms, 2 1/2 bathrooms. Features a fireplace in the living room, large dining area and laundry hookups inside. Unit B, has also been upgraded and is a 2 story with 2 bedrooms, 1 1/2 bathrooms, den, fireplace and laundry hookups. Unit C, was reconfigured into 2 master suites on the upper level, lower level has a guest bath, spacious living room, fireplace and open kitchen to dining area with plenty of windows to flood the home with natural lighting. The D unit has 2 bedrooms and 2 baths and is the only single level unit in the building. Easy access to all conveniences and enjoy the close proximity to Dana Point Harbor, Restaurants, beaches, trails and The Lantern District shops. This is your chance to own income property in the up coming vibrant beautified coastal city of Dana Point. This is a Must Have!

Last Agent to Sell the Property

Martucci Angiano

First Team Real Estate License #01145304 Listed on: 06/21/2020

First Team Real Estate

Last Buyer's Agent

Martucci Angiano

First Team Real Estate License #01145304 Listed on: 06/21/2020

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Wood Fence
  • Corner Lot
  • Front Yard Sprinklers
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 6 Open Parking Spaces
  • 4 Car Garage
  • Detached Carport Space
  • Parking Available
  • Single Garage Door
  • Off-Street Parking

Property Views

  • Woods
  • Neighborhood

Home Design

  • Traditional Architecture
  • Quadruplex
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,228 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Utility Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Upper Level Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Freeway
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, security
  • Tax Lot 9
  • Tax Tract Number 9632
  • Assessor Parcel Number 67308108

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Golden Lantern Income Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,712
  • Trash Expense $728
  • Water Sewer Expense $1,800
  • New Taxes Expense $24,400
  • Operating Expense $32,840
  • Gross Income $118,200
  • Net Operating Income $85,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1977 | Remodeled

Lot Details

0.26 Acres

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Golden Lantern Income (GLI)
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 67308108
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 411.25
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Master Bathroom, Utility Room
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • View: Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Glass, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport, Garage - Single Door, Off Street
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 728.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Lot 10000-19999 Sqft, Near Public Transit, Sprinklers In Front
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Security

Multi Family

  • Gross Income: 118200.00
  • Gross Scheduled Income: 118200.00
  • Insurance Expense: 2712.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 85360.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 32840.00
  • Rent Control: No
  • Total Actual Rent: 7350.00
  • Total Expenses: 32840.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 24400.00
  • Tax Census Tract: 423.39
  • Tax Lot: 9
  • Tax Tract Number: 9632
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2020 12/01/20 Sold $2,150,000 -4.4% $411 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $2,250,000 -1.1% $430 / Sq Ft
07/16/2020 07/16/20 Price Changed $2,275,000 -3.2% $435 / Sq Ft
06/21/2020 06/21/20 For Sale $2,350,000 0.0% $450 / Sq Ft
11/17/2016 11/17/16 Rented $2,495 0.0% --
11/03/2016 11/03/16 For Rent $2,495 0.0% --
05/12/2016 05/12/16 Sold $1,500,000 +1.7% $287 / Sq Ft View Prior Sale
03/09/2016 03/09/16 Pending -- -- --
03/06/2016 03/06/16 For Sale $1,475,000 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,314 $2,327,228 $2,045,796 $281,432
2024 $27,314 $2,281,597 $2,005,683 $275,914
2023 $26,275 $2,236,860 $1,966,356 $270,504
2022 $22,194 $2,193,000 $1,927,800 $265,200
2021 $21,766 $2,150,000 $1,890,000 $260,000
2020 $16,450 $1,623,648 $1,367,876 $255,772
2019 $16,127 $1,591,812 $1,341,055 $250,757
2018 $15,817 $1,560,600 $1,314,759 $245,841
2017 $15,508 $1,530,000 $1,288,979 $241,021
2016 $12,820 $1,261,095 $993,722 $267,373
2015 $14,470 $1,242,153 $978,796 $263,357
2014 $14,233 $1,217,821 $959,622 $258,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20118828

California Regional Multiple Listing Service (CRMLS)

APN: 673-081-08

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