NOT LISTED FOR SALE

33412 Cheltam Way Dana Point, CA 92629

8 Beds
6 Baths
3,752 Sq Ft
0.31 Acres

Last Sold October 30, 2012

Last sale price $1,152,000 $307 Per Sq Ft

3 Days on Market

Highlights

  • Ocean View
  • 0.31 Acre Lot
  • Double Pane Windows
  • Del Obispo Elementary School Rated A-
  • Contemporary Architecture
  • Tile Flooring

About This Home

As of October 2012

Beautiful 4 unit complex with breathtaking views from individual balconies overlooking the canyon, some units have an ocean view from their decks. Completely repainted inside and out. Ceilings have been scraped and new carpet has been installed in two of the units. Every window and all of the sliding glass doors have been replaced. Each unit has a one car garage and one reserved space in the parking lot which is in the process of being slurried. Great income in a great area of Dana Point.

Last Listed By

Stephen Doughty

Coldwell Banker Platinum Prop License #01502374 Listed on: 10/06/2012

Coldwell Banker Platinum Prop

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 0.31

Parking

  • 4 Car Garage
  • Assigned Parking

Property Views

  • Ocean
  • City Lights
  • Bluff
  • Canyon
  • Hills

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,752 Sq Ft Home
  • Double Pane Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • 0.31 Acre Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 6928
  • Assessor Parcel Number 67323104

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,000
  • Water Sewer Expense $2,200
  • New Taxes Expense $12,423
  • Gross Income $6,400
  • Net Operating Income $59,577

Property Details

Home Type

Multi-Family

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.99
  • View: Yes
  • Water Sewer Expenses: 2200.00
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 67323104
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 307.04
  • Window Features: Double Pane Windows

Exterior Features

  • View: City Lights, Canyon, Hills, Ocean
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Assigned
  • Total Parking Spaces: 9.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Bluff
  • Lot Size Sq Ft: 13457.00
  • Lot Size Acres: 0.3090

Multi Family

  • Gross Income: 6400.00
  • Gross Multiplier: 15.56
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 13457.0000 Square Feet
  • Net Operating Income: 59577.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17223.00

Tax Info

  • New Taxes Expense: 12423.00
  • Tax Area: 28058
  • Tax Lot: 28
  • Tax Tract Number: 6928

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
10/30/2012 10/30/12 Sold $1,152,000 -3.6% $307 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
10/06/2012 10/06/12 For Sale $1,195,000 -- $318 / 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: S714181

California Regional Multiple Listing Service (CRMLS)

APN: 673-231-04