NOT LISTED FOR SALE
5 Beds
4 Baths
2,460 Sq Ft
4,088 Sq Ft Lot

Last Sold August 09, 2012

Last sale price $725,000 $295 Per Sq Ft

72 Days on Market

Highlights

  • Ocean View
  • Tile Flooring
  • Gentle Sloping Lot
  • Marco Forster Middle School Rated A-
  • Laundry Facilities
  • Wood Siding

About This Home

As of August 2012

JUST REDUCED! STANDARD SALE DUPLEX IN LANTERN VILLAGE WITH OCEAN VIEW! The Seller's Loss is your Gain! After First Investing $925,000 in Purchasing this Property the Seller then Invested Another $80,000 Improving it. Whether you Enjoy Stand-up Paddle Boarding, Sailing out of Beautiful Dana Point Harbor, Surfing Famous Doheny Beach, or just Enjoying the Quaint Dana Point Harbor, this is the Property for You! The Beautiful upstairs Residence Features 3 Bedrooms & Baths, Ocean Views and Breezes, Separate Entrance to Den, 3rd Bedroom & 3rd Bath, Laundry Hook-ups and Stacked Washer & Dryer in Kitchen, and 2-car Garage with Garage Door Opener. Great for Owner Occupant or Rent Out for $2,200-$2,500 per month. Fantastic Rental Unit Below Features 2 Bedrooms, 1 Bathroom, Living Room, Dining Area, and a Beautiful Backyard with Patio Slab and Flower Planters All Around, One-car Garage, and is Occupied by Great Tenants for $1,795 per month. Great Dana Hills High School!

Last Agent to Sell the Property

Thomas C. Santoro

Crane Real Estate License #00794403 Listed on: 05/14/2012

Co-Listed By

Steven Hehn

Crane Real Estate License #01894308

Last Buyer's Agent

Steven Sachse

Nova Real Estate Services License #01474417

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 4,088 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • 3 Car Garage
  • Front Facing Garage

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,460 Sq Ft Home
  • Ocean Views

Kitchen

  • Gas Oven or Range
  • Range
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Overhead Utilities
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Tax Tract Number 857
  • Assessor Parcel Number 68226402

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $8,539
  • Gross Income $3,995
  • Net Operating Income $47,940

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 6.61
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 68226402
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 294.72

Exterior Features

  • Foundation: Block, Slab
  • View: Ocean
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Disposal, Gas Water Heater, Range
  • Heating Type: Electric, Wall Furnace
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Gentle Sloping, Utilities - Overhead
  • Lot Size Sq Ft: 4088.00
  • Lot Size Acres: 0.0940

Multi Family

  • Gross Income: 3995.00
  • Gross Multiplier: 15.26
  • Gross Scheduled Income: 47490.00
  • Lot Size Area: 4088.0000 Square Feet
  • Net Operating Income: 47940.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Refrigerator: 1
  • Total Actual Rent: 3995.00

Tax Info

  • New Taxes Expense: 8539.00
  • Tax Area: 28025
  • Tax Block: 4
  • Tax Lot: 2
  • Tax Tract Number: 857
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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
08/09/2012 08/09/12 Sold $725,000 -3.2% $295 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $749,000 -- $304 / 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 $10,934 $892,780 $720,386 $172,394
2024 $10,934 $875,275 $706,261 $169,014
2023 $11,014 $858,113 $692,413 $165,700
2022 $10,599 $841,288 $678,837 $162,451
2021 $10,415 $824,793 $665,527 $159,266
2020 $10,085 $816,336 $658,703 $157,633
2019 $9,916 $800,330 $645,787 $154,543
2018 $9,595 $784,638 $633,125 $151,513
2017 $9,571 $769,253 $620,710 $148,543
2016 $9,081 $754,170 $608,539 $145,631
2015 $8,612 $742,842 $599,398 $143,444
2014 $8,466 $728,291 $587,656 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P822040

California Regional Multiple Listing Service (CRMLS)