$1,800,000
SOLD NOV 30, 2020

33391 Cheltam Way Dana Point, CA 92629

9 Beds
6 Baths
4,080 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$441 Per Sq Ft

4% Below List Price

16 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • No HOA
  • Del Obispo Elementary School Rated A-
  • Private Yard
  • Neighborhood Views

About This Home

As of November 2020

GORGEOUS, updated triplex in prime location of Dana Point! All three units have been beautifully updated with hardwood flooring, new paint, new carpet, can lighting, new windows and doors, and a new roof! Perfect for the investor who wants a turn-key investment opportunity. Each unit is two stories with all bedrooms upstairs. First floor living space is an open floor plan with fireplaces in each living room, and laundry hook-ups off of the kitchen. Each unit boasts a large private back yard and a two car garage. Please Agents and all visitors are required to review the CA Department of Health best practices for showings and sign the Property Entry and Disclosure (PEAD). All parties entering home are required to wear a face mask and wash or sanitize hands before entry.

Last Agent to Sell the Property

Nicholette Blanchard

Nicholette Blanchard Realty License #01754875 Listed on: 10/24/2020

Last Buyer's Agent

Mehdi Taghiei

Mehdi Taghiei, Broker License #01706521

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wood Fence
  • Private Yard
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Triplex
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 4,080 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Panel Doors
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, pest control, telephone, trash collection
  • Tax Lot 35
  • Tax Tract Number 6928
  • Assessor Parcel Number 67308204

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,956
  • Maintenance Expense $1,200
  • Water Sewer Expense $960
  • New Taxes Expense $22,125
  • Operating Expense $26,241
  • Net Operating Income $90,650

Property Details

Home Type

Multi-Family

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 960.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 67308204
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Door Features: Panel Doors
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 441.18
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat, Other
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage Door Opener, Parking Space
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Yard
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Pest Control, Telephone, Trash Collection

Multi Family

  • Gross Scheduled Income: 111000.00
  • Insurance Expense: 1956.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 9583.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 90650.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 20350.00
  • Rent Control: No
  • Total Actual Rent: 5700.00
  • Total Expenses: 26241.00

Tax Info

  • New Taxes Expense: 22125.00
  • Tax Area: 28058
  • Tax Lot: 35
  • Tax Tract Number: 6928

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Range of Values:

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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 Change Sq Ft Price
12/11/2020 12/11/20 Rented $3,100 0.0% --
12/01/2020 12/01/20 For Rent $3,100 0.0% --
11/30/2020 11/30/20 Sold $1,800,000 -4.0% $441 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $1,875,000 +36.0% $460 / Sq Ft
08/12/2019 08/12/19 Sold $1,379,000 -8.1% $338 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $1,500,000 -5.4% $368 / Sq Ft
05/13/2019 05/13/19 For Sale $1,585,000 -- $388 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20221957

California Regional Multiple Listing Service (CRMLS)

APN: 673-082-04