NOT LISTED FOR SALE

33912 Amber Lantern St Unit A Dana Point, CA 92629

Lantern Village Neighborhood
6 Beds
6 Baths
2,330 Sq Ft
5,227 Sq Ft Lot

Last Sold September 14, 2020

Last sale price $1,242,000 $533 Per Sq Ft

47 Days on Market

Highlights

  • Ocean View
  • Laundry Room
  • 3-minute walk to Lantern Village Community Park
  • Marco Forster Middle School Rated A-

About This Home

As of September 2020

Located near downtown, the Marina, and Beach. The property is surrounded by substantial development within the city, which is creating jobs and increased tourism. This Duplex is located at the top of the street and situated for great ocean views. The interior has been updated and can be ideal for an investor or as a primary residence with income from renting the bottom unit. The duplex is ready for a new owner to add their specific touches to it, for market level rents. The unit mix of two 3 bedroom 3 baths. There is an additional room in each unit that can be used as a bonus room or office. Each level has spacious decks that are ocean facing with views of downtown Dana Point and the Marina. A quick 5 minutes drive or 10 minute bike ride to the Marina and shopping. There are 4 single car garage spaces, with an additional parking space along the driveway. Within those garages there is additional utility/storage space as well that can be used as a workshop or storage areas. Plenty of room to store equipment for an outdoor enthusiasts, recreational vehicles, and bikes. It is hard to find a duplex in Dana Point that provides this amount of storage and potential parking. The upper unit has access to a decent sized back yard from the master bedroom. Each unit is separately metered for Electrical and gas. Water is on one meter.

Last Agent to Sell the Property

Randy Combs

Keller Williams Realty Irvine License #01930012 Listed on: 05/22/2020

Keller Williams Realty Irvine

Co-Listed By

Katie Crill

Best Coast Properties License #01270590

Last Buyer's Agent

Katie Crill

Best Coast Properties License #01270590

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 5,227 Sq Ft Lot
  • No Common Walls
  • Irregular Lot

Parking

  • 1 Open Parking Space
  • 4 Car Garage
  • Parking Available
  • Three Garage Doors
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Harbor
  • City Lights

Interior Spaces

  • 2,330 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 20 / 1
  • Tax Tract Number 861
  • Assessor Parcel Number 68209137

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $27,716
  • Gross Income $79,188
  • Net Operating Income $47,513

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Lantern Village Central (LDC)
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 68209137
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 533.05

Exterior Features

  • View: City Lights, Coastline, Harbor, Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Three Door
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 79188.00
  • Gross Multiplier: 16.42
  • Gross Scheduled Income: 79188.00
  • Lot Size Area: 5227.0000 Square Feet
  • Net Operating Income: 47513.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 27716.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Expenses: 27716.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 423.13
  • Tax Lot: 20
  • Tax Tract Number: 861

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
09/14/2020 09/14/20 Sold $1,242,000 -4.5% $533 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $1,299,999 -- $558 / 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: PW20098007

California Regional Multiple Listing Service (CRMLS)