Seller's Agent in 2016
Rick Applebaum
Morgan Skenderian
(949) 251-8800
1 in this area
65 Total Sales
33951 Silver Lantern St Dana Point, CA 92629
Lantern Village Neighborhood
3
Beds
3
Baths
8,817
Sq Ft
0.32
Acres
About This Home
As of November 2016The Silver Lantern Apartments is prime located and exceptionally rare opportunity to own a mid-size apartment complex in the city of Dana Point which is currently engaged in a major revitalization. Projects such as the Town Center Development and Harbor Revitalization figure to drastically improve values of Real Estate and rental rates. Originally configured to operate as (6) 1BR/1BA's, (1) 2BR/1BA & (5) 2BR/2BA units. Each 2BR/2BA unit is being sub-leased as a Studio and a 1BR/1BA making the building function like 17 units. No modifications have been made to the property. An interior bedroom door has been locked to separate the units allowing an owner to easily change the units back to 2BR/2BA units with no extra costs. The property contains an onsite laundry facility, carport parking & storage for the tenants. The building is individually metered for Gas & Electric. It’s walking distance to the Town Center and Dana Point Harbor and minutes to Doheny State Beach.
Last Agent to Sell the Property
Morgan Skenderian License #01273871 Listed on: 01/14/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.32 Acre Lot
- 1 Common Wall
- Density is 11-15 Units/Acre
Home Design
- 8,817 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 14 Parking Spaces
- 10 Carport Spaces
- Parking Available
- Uncovered Parking
Listing and Financial Details
- Tax Lot 19
- Tax Tract Number 2666
- Assessor Parcel Number 68225119
Community Details
Overview
- 17 Units
Building Details
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,033
- Insurance Expense $3,000
- Maintenance Expense $15,266
- Other Expense $1,250
- Trash Expense $5,544
- Water Sewer Expense $5,544
- New Taxes Expense $39,901
- Gross Income $20,300
- Net Operating Income $159,954
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/09/2016 11/09/16 | Sold | $3,695,000 | 0.0% | $419 / Sq Ft |
| 08/12/2016 08/12/16 | Rented | $950 | -31.9% | -- |
| 08/11/2016 08/11/16 | Under Contract | -- | -- | -- |
| 08/08/2016 08/08/16 | For Rent | $1,395 | 0.0% | -- |
| 08/03/2016 08/03/16 | Pending | -- | -- | -- |
| 08/01/2016 08/01/16 | Rented | $950 | 0.0% | -- |
| 06/20/2016 06/20/16 | For Rent | $950 | -33.3% | -- |
| 05/01/2016 05/01/16 | Rented | $1,425 | 0.0% | -- |
| 05/01/2016 05/01/16 | For Rent | $1,425 | -1.7% | -- |
| 01/14/2016 01/14/16 | Rented | $1,450 | 0.0% | -- |
| 01/13/2016 01/13/16 | Off Market | $1,450 | -- | -- |
| 01/10/2016 01/10/16 | For Rent | $1,450 | +3.9% | -- |
| 12/21/2015 12/21/15 | Rented | $1,395 | +50.8% | -- |
| 12/03/2015 12/03/15 | Rented | $925 | -33.7% | -- |
| 12/02/2015 12/02/15 | Price Changed | $1,395 | +50.8% | $2 / Sq Ft |
| 12/01/2015 12/01/15 | For Rent | $925 | 0.0% | -- |
| 12/01/2015 12/01/15 | Off Market | $925 | -- | -- |
| 10/26/2015 10/26/15 | Price Changed | $925 | -2.6% | $2 / Sq Ft |
| 10/06/2015 10/06/15 | Price Changed | $950 | +2.7% | $2 / Sq Ft |
| 09/15/2015 09/15/15 | For Rent | $925 | 0.0% | -- |
| 08/25/2015 08/25/15 | For Sale | $3,750,000 | 0.0% | $425 / Sq Ft |
| 08/19/2015 08/19/15 | Rented | $1,395 | 0.0% | -- |
| 08/19/2015 08/19/15 | For Rent | $1,395 | 0.0% | -- |
| 07/25/2015 07/25/15 | Rented | $1,395 | 0.0% | -- |
| 06/25/2015 06/25/15 | Under Contract | -- | -- | -- |
| 06/24/2015 06/24/15 | For Rent | $1,395 | +55.0% | -- |
| 04/06/2015 04/06/15 | Rented | $900 | 0.0% | -- |
| 04/06/2015 04/06/15 | For Rent | $900 | -30.5% | -- |
| 02/07/2015 02/07/15 | Rented | $1,295 | +52.4% | -- |
| 01/15/2015 01/15/15 | Rented | $850 | 0.0% | -- |
| 01/15/2015 01/15/15 | For Rent | $850 | -38.2% | -- |
| 01/08/2015 01/08/15 | Under Contract | -- | -- | -- |
| 12/31/2014 12/31/14 | For Rent | $1,375 | +61.8% | -- |
| 05/17/2014 05/17/14 | Rented | $850 | 0.0% | -- |
| 05/17/2014 05/17/14 | For Rent | $850 | -22.4% | -- |
| 12/29/2013 12/29/13 | Rented | $1,095 | 0.0% | -- |
| 11/29/2013 11/29/13 | Under Contract | -- | -- | -- |
| 11/24/2013 11/24/13 | For Rent | $1,095 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Rick Applebaum
-
B
Seller's Agent in 2016
Brian MacGillivray
Charles Rea, Broker
-
Clark Smith
Buyer's Agent in 2016
Clark Smith
Realatrends
(949) 494-8830
1 in this area
17 Total Sales
-
Michelle Johnson
Buyer's Agent in 2016
Michelle Johnson
Conrad Realtors Inc
(949) 492-9400
1 in this area
8 Total Sales
-
Nancy Dresser
Buyer's Agent in 2015
Nancy Dresser
RAD Real Estate Co.
(949) 292-6215
1 in this area
9 Total Sales
-
Linda Yelverton
L
Buyer's Agent in 2015
Linda Yelverton
Bullock Russell RE Services
(949) 973-2713
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15187926
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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