$1,950,000
SOLD JUL 25, 2024

33771 Copper Lantern St Dana Point, CA 92629

4 Beds
4 Baths
2,190 Sq Ft
4,061 Sq Ft Lot

Recently Sold

$890 Per Sq Ft

2% Below List Price

57 Days on Market

Highlights

  • Ocean View
  • Laundry Room
  • Rectangular Lot
  • Marco Forster Middle School Rated A-

About This Home

As of July 2024

Pleased to present 33771 Copper Lantern, a meticulously crafted triplex, situated in a prime location of Dana Point, CA. Where coastal living meets modern elegance, the subject property offers an exceptional investment opportunity comprised of (1) 2-bedroom/2-bath unit and (2) 1-bedroom/1-bath units, each boasting breathtaking ocean views. Each unit has undergone a complete transformation with high-end finishes and modern design elements, ensuring a seamless blend of sophistication and comfort. Residents can savor the coastal lifestyle in serene outdoor spaces, whether enjoying morning coffee on private balconies or hosting gatherings on the communal patio. Thoughtful landscaping enhances the overall appeal of the property. Don't miss the chance to own this turnkey triplex at 33771 Copper Lantern. Experience the epitome of coastal living with modern luxury, breathtaking ocean views, and timeless charm.

Last Agent to Sell the Property

Rick Applebaum

Morgan Skenderian Brokerage Email: rma@morganskenderian.com License #01273871 Listed on: 03/07/2024

Co-Listed By

Paul Espinosa

Morgan Skenderian Brokerage Email: rma@morganskenderian.com License #01942627

Last Buyer's Agent

Dee Shiohama

Berkshire Hathaway HomeService License #01720465

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,146

Year Built

  • Built in 1973

Lot Details

  • 4,061 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • Triplex

Interior Spaces

  • 2,190 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 29 / 5
  • Tax Tract Number 857
  • Assessor Parcel Number 68226528
  • $2,247 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $444
  • Fuel Expense $444
  • Gardener Expense $600
  • Insurance Expense $1,553
  • Maintenance Expense $3,125
  • Other Expense $300
  • Trash Expense $444
  • Water Sewer Expense $444
  • New Taxes Expense $22,393
  • Operating Expense $29,727
  • Gross Income $600
  • Net Operating Income $74,451

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,146

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 3.73
  • Price Per Unit: 665000
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 444.00
  • Zoning: RHD
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 68226528
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 890.41

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 444.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4061.00
  • Lot Size Acres: 0.0932
  • Latitude Manual: 33.47228100

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 1090 Square Feet
  • Electric Expense: 444.00
  • Fuel Expense: 444.00
  • Gross Income: 600.00
  • Gross Multiplier: 18.58
  • Gross Operating Income: 104178.00
  • Gross Scheduled Income: 107400.00
  • Insurance Expense: 1553.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 4061.0000 Square Feet
  • Maintenance Expense: 3125.00
  • Net Operating Income: 74451.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 29727.00
  • Other Expense: 300.00
  • Other Expense Description: admin
  • Rent Control: Yes
  • Total Actual Rent: 8900.00
  • Total Expenses: 29727.00
  • Vacancy Allowance: 3222

Tax Info

  • New Taxes Expense: 22393.00
  • Tax Block: 5
  • Tax Census Tract: 423.13
  • Tax Lot: 29
  • Tax Rate: 1.01
  • Tax Tract Number: 857
  • Tax Annual Amount: 20146.00
  • TaxOtherAnnualAssessmentAmount: 2247.00

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
07/08/2025 07/08/25 For Sale $2,349,000 +20.5% $1,073 / Sq Ft
07/25/2024 07/25/24 Sold $1,950,000 -2.3% $890 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $1,995,000 0.0% $911 / Sq Ft
06/02/2022 06/02/22 Rented $2,750 0.0% --
05/27/2022 05/27/22 For Rent $2,750 -- --
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: PW24046734

California Regional Multiple Listing Service (CRMLS)