$1,185,000
SOLD DEC 19, 2014

33371 Cheltam Way Unit 1 Dana Point, CA 92629

6 Beds
3 Baths
4,080 Sq Ft
8,200 Sq Ft Lot

Recently Sold

$290 Per Sq Ft

1% Below List Price

1 Day on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Carpet
  • Del Obispo Elementary School Rated A-
  • Central Heating

About This Home

As of March 2025

Beautifully maintained triplex near high school. Each unit is townhouse styled which includes 2bedrooms, den (used as 3rd bedroom), living room with fireplace, large kitchen area with separate eating and inside laundry hookups. Each unit has a large patio yard that separates the living structure from the two car garage. Two of the three units have been refurbished with new oak kitchen cabinets and granite countertops. The exterior has also recently been updated. Each unit is more than 1300 sq. ft. These units are stable investments for any investor. Tenants rarely move.
Property is professionally managed for more than 20 years. Each unit has a separate AP number because they were converted to legal condominiums during the 1980's however have never been sold individually. Additional legal work will be required to sell them as townhomes.

Last Agent to Sell the Property

Cheryl Saltus

Salome’ Ollangg Real Estate Broker License #00344671

Last Buyer's Agent

Cheryl Saltus

Salome’ Ollangg Real Estate Broker License #00344671

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,947

Year Built

  • Built in 1976

Lot Details

  • 8,200 Sq Ft Lot
  • 1 Common Wall
  • Front Yard Sprinklers

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Cape Cod Architecture
  • Property Attached

Interior Spaces

  • 4,080 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 93947074

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Professional Management Expense $3,420
  • Trash Expense $516
  • Water Sewer Expense $2,400
  • New Taxes Expense $13,000
  • Gross Income $5,700
  • Net Operating Income $22,036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,947

Year Built

Built in 1976

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: 949 291 0793
  • Other Phone Number: 949 291 0793
  • Professional Management Expense: 3420.00
  • Property Attached: Yes
  • Subdivision Name Other: Golden Lantern Income (GLI)
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Cape Cod
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 93947074
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 290.44
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 516.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 8200.00
  • Lot Size Acres: 0.1880

Multi Family

  • Gross Income: 5700.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8200.0000 Square Feet
  • Net Operating Income: 22036.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 22036.00
  • Rent Control: No
  • Total Actual Rent: 5700.00

Tax Info

  • New Taxes Expense: 13000.00
  • Tax Lot: 1
  • Tax Tract Number: 190H2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Mendoza Margarita Aranda
Bought by
Segura Fernando Fabian
Total Days on Market
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2024
Sold by
Millennium Trust Company Llc and Millennium Trust Co Llc
Bought by
Segura Fernando Fabian and Calderon Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2014
Closed on
Nov 20, 2014
Sold by
Thakur Narayan Singh and Thakur Vasavi
Bought by
Millennium Trust Co Llc and Glen Ehresmann Sep Ira
Seller's Agent
Cheryl Saltus
Salome’ Ollangg Real Estate Broker
Buyer's Agent
Cheryl Saltus
Salome’ Ollangg Real Estate Broker
List Price
$1,195,000
Sold Price
$1,185,000
Premium/Discount to List
-$10,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.78%

Purchase Details

Closed on
Sep 17, 2004
Sold by
Almarzouk Kais and Almarzouk Martha Garcia
Bought by
Thakur Narayansingh J and Thakur Vasavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
2.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 24, 2002
Sold by
Cotten Victoria L
Bought by
Almarzouk Kais and Almarzouk Martha Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
5.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 12, 2000
Sold by
Liudzius Anthony
Bought by
Cotten Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
7.13%

Purchase Details

Closed on
Sep 15, 1998
Sold by
Anthony Liudzius
Bought by
Liudzius Anthony and Anthony Liudzius Revocable Trust

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Consumers Title
Grant Deed $800,000 Consumers Title
Grant Deed $1,185,000 Lawyers Title
Grant Deed $885,000 Stewart Title Irvine
Grant Deed $675,000 Stewart Title
Grant Deed $490,000 First American Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $720,000 New Conventional
Previous Owner $565,000 Negative Amortization
Previous Owner $455,000 Stand Alone First
Previous Owner $367,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $800,000 -5.9% $606 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $850,000 -28.3% $644 / Sq Ft
12/19/2014 12/19/14 Sold $1,185,000 -0.8% $290 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $1,195,000 -- $293 / 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
2024 $5,947 $465,417 $368,437 $96,980
2023 $5,773 $456,292 $361,213 $95,079
2022 $5,561 $447,346 $354,131 $93,215
2021 $5,074 $438,575 $347,187 $91,388
2020 $5,039 $434,078 $343,627 $90,451
2019 $5,226 $425,567 $336,889 $88,678
2018 $5,092 $417,223 $330,283 $86,940
2017 $4,993 $409,043 $323,807 $85,236
2016 $4,763 $401,023 $317,458 $83,565
2015 $4,349 $395,000 $312,690 $82,310
2014 $3,746 $335,439 $244,927 $90,512
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14235081

California Regional Multiple Listing Service (CRMLS)

APN: 939-470-74