NOT LISTED FOR SALE
4 Beds
4 Baths
2,590 Sq Ft
3,960 Sq Ft Lot

Last Sold November 14, 2022

Last sale price $1,400,000 $541 Per Sq Ft

104 Days on Market

Highlights

  • City Lights View
  • Cathedral Ceiling
  • Ceramic Countertops
  • Marco Forster Middle School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of November 2022

Duplex located in the desirable Lantern District of Dana Point. The upper unit has been expanded to include a large living room with fireplace and large windows. Downstairs unit has been completely remodeled within the last two years. Kitchen has quartz countertops and new stainless steel appliances. Luxury vinyl floors throughout. Each unit has two bedrooms and two baths. Sliding glass doors off of both Primary bedrooms, downstairs to the yard and upstairs to a large deck. There is a large shared double garage. Separate laundry room is shared by tenants. Downstairs unit gets $3100 per month and upstairs is leased for $3200. There is parking on the driveway for 3 cars. Each unit has separate meters for electric and gas landlord pays trash and water.

Last Agent to Sell the Property

Lynne Suzanski

Coast to Canyon Real Estate License #01230012 Listed on: 07/02/2022

Co-Listed By

Tonianne Southron

Coast to Canyon Real Estate License #01908708

Last Buyer's Agent

Thomas Troli

Realty One Group West License #01193758

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 3,960 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,590 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Heating
  • Water Heater

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 8 / 8
  • Tax Tract Number 857
  • Assessor Parcel Number 68225208
  • $1,758 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lantern Village Central Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $3,600
  • Professional Management Expense $2,400
  • Trash Expense $500
  • Water Sewer Expense $360
  • Operating Expense $6,860
  • Gross Income $75,600
  • Net Operating Income $68,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 775000
  • Professional Management Expense: 2400.00
  • Property Attached: No
  • Subdivision Name Other: Lantern Village Central (LDC)
  • View: Yes
  • Water Sewer Expenses: 360.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 68225208
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceramic Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Price Per Square Foot: 540.54
  • Room Type: Master Bathroom, Master Bedroom

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3960.00
  • Lot Size Acres: 0.0909

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1200 Square Feet
  • Gross Income: 75600.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 3960.0000 Square Feet
  • Net Operating Income: 68740.00
  • 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
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 6860.00
  • Rent Control: No
  • Total Actual Rent: 3100.00
  • Total Expenses: 6860.00

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 423.13
  • Tax Lot: 8
  • Tax Tract Number: 857
  • TaxOtherAnnualAssessmentAmount: 1758.00

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
11/14/2022 11/14/22 Sold $1,400,000 -9.7% $541 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/11/2022 10/11/22 Price Changed $1,550,000 -6.1% $598 / Sq Ft
08/25/2022 08/25/22 Price Changed $1,650,000 -2.9% $637 / Sq Ft
07/02/2022 07/02/22 For Sale $1,700,000 0.0% $656 / Sq Ft
09/20/2021 09/20/21 Rented $3,100 0.0% --
09/16/2021 09/16/21 For Rent $3,100 +21.6% --
09/20/2018 09/20/18 Rented $2,550 +2.0% --
08/26/2018 08/26/18 Price Changed $2,500 -5.7% $2 / Sq Ft
08/08/2018 08/08/18 Price Changed $2,650 -7.0% $2 / Sq Ft
07/24/2018 07/24/18 For Rent $2,850 -- --
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: OC22144978

California Regional Multiple Listing Service (CRMLS)