NOT LISTED FOR SALE
6 Beds
6 Baths
3,752 Sq Ft
0.59 Acre Lot

Sale Details

Date Sold: July 18, 2024

Last sale price $2,151,000 $573 Per Sq Ft

7 Days on Market

Highlights

  • 0.59 Acre Lot
  • Del Obispo Elementary School Rated A-
  • 4 Car Garage

About This Home

As of July 2024

Cheltam Apartments offers a prime value-add investment opportunity in the coveted coastal community of Dana Point, CA. Situated on a massive 25,700 square foot lot with ADU potential, this four-unit multifamily property includes two one-bedroom units and two two-bedroom units, all recently renovated with modern amenities. The property's desirable location, combined with below-market current rents, provides substantial upside potential through strategic property enhancements and rent optimization. With 8 surface parking spaces and 4 garages, Cheltam Apartments appeals to a broad tenant base, attracting young professionals, families, and retirees, ensuring robust demand for rental properties.

Last Agent to Sell the Property

Cory Bergamini

COAR Advisors License #02143616 Listed on: 06/24/2024

Last Buyer's Agent

Ryan Zhou

GoGo Realtors R.H. Corp License #02010574

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.59

Parking

  • 4 Car Garage

Interior Spaces

  • 3,752 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 25,700 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 673-231-10

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0.59 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3752
  • Lot Acreage: 0.5900
  • Stories: 2
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 559.70

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Private Garage, Parking Space
  • Total Parking: 12

Utilities

  • Heating: Radiant

Lot Info

  • Assessed Improvement Percent: 65.87
  • Assessed Improvement Value: 192956
  • Assessed Land Percent: 34.13
  • Assessed Land Value: 99965
  • Total Assessed Value: 292921
  • Assessor Parcel Number: 673-231-10
  • Lot Size Area: 25700

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.64
  • Number Of Units: 4
  • Type Of Units: Income

MLS Schools

  • School District: Capistrano Unified
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $2,151,000 +2.4% $573 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $2,100,000 -- $560 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,804 $2,151,000 $1,904,519 $246,481
2024 $7,804 $298,779 $101,964 $196,815
2023 $6,974 $292,921 $99,965 $192,956
2022 $2,937 $287,178 $98,005 $189,173
2021 $2,880 $281,548 $96,084 $185,464
2020 $2,852 $278,662 $95,099 $183,563
2019 $2,796 $273,199 $93,235 $179,964
2018 $2,743 $267,843 $91,407 $176,436
2017 $2,688 $262,592 $89,615 $172,977
2016 $2,643 $257,444 $87,858 $169,586
2015 $4,400 $253,577 $86,538 $167,039
2014 $4,350 $248,610 $84,843 $163,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-406727

The MLS

APN: 673-231-10

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