NOT LISTED FOR SALE
10 Beds
6 Baths
6,400 Sq Ft
9,570 Sq Ft Lot

Last Sold May 23, 2013

Last sale price $1,600,000 $250 Per Sq Ft

4 Days on Market

Highlights

  • 0.22 Acre Lot
  • Laundry Room
  • Stacked Washer and Dryer
  • Marco Forster Middle School Rated A-
  • 5 Car Garage
  • 4-minute walk to Lantern Village Community Park

About This Home

As of May 2013

This lovely 5 unit complex is located within minutes of the beach in the heart of Dana Point. Four units have two bedrooms, full bath, stackable washer/dryer and a small balcony off the front bedroom. Downstairs is the living/dining room with fireplace, half bath, kitchen with range, microwave, dishwasher and hardwood floor. These are all approximately 1200 s.f.

The largest rear apartment has two upstairs bedrooms, two full baths, stackable washer/dryer and a small balcony off front bedroom. Downstairs is the living/dining room with fireplace, wet bar and a half bath. The kitchen has a range, microwave, dishwasher and hardwood floor. This unit is approximately 1600 s.f.

Parking is all under the building with remote control. The patio in the back is shared by all tenants.

Excellent investment opportunity. Fabulous location!

Drive by only. Please do not disturb tenants.

Last Agent to Sell the Property

Kelly Sawyer

Vizz Realty, Inc License #01281092 Listed on: 04/24/2013

Last Buyer's Agent

Reine Shih Briggs

Pacific City Properties License #00858845

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 9,570 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • 6,400 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1150
  • Assessor Parcel Number 68225130

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $214
  • Insurance Expense $1,882
  • Maintenance Expense $8,806
  • Trash Expense $815
  • Water Sewer Expense $1,383
  • New Taxes Expense $19,290
  • Gross Income $7,400
  • Net Operating Income $61,754

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 1383.00
  • Property Type: Residential Income
  • Parcel Number: 68225130
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 250.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Stackable
  • Trash Expense: 815.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9570.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1200
  • Electric Expense: 214.00
  • Gross Income: 7400.00
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 1882.00
  • Lot Size Area: 9570.0000 Square Feet
  • Maintenance Expense: 8806.00
  • Net Operating Income: 61754.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Carpet: 5
  • Number With Dishwasher: 5
  • Number With Range: 5
  • Operating Expense: 27046.00
  • Rent Control: No
  • Total Actual Rent: 7400.00

Tax Info

  • New Taxes Expense: 19290.00
  • Tax Lot: 1150

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/23/2013 05/23/13 Sold $1,600,000 0.0% $250 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $1,599,900 -- $250 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13075433

California Regional Multiple Listing Service (CRMLS)