NOT LISTED FOR SALE
3 Beds
2 Baths
2,676 Sq Ft
4,356 Sq Ft Lot

Last Sold December 30, 2020

Last sale price $1,650,000 $617 Per Sq Ft

251 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • Forced Air Heating System
  • Marco Forster Middle School Rated A-

About This Home

As of December 2020

Rare opportunity to own a 100% occupied 4-unit multifamily home in beautiful Dana Point. This investment property features 2 units with 1 bedroom and 1 bathroom and 2 units with 2 bedroom and 1 bathroom, private patio (select unit), attached garages, and on-site coin laundry. Unit D has been completely remodeled. The exterior of the property has all new vinyl siding, vinyl fascia, and paint. Located in the Lantern District close to Dana Point Harbor. You are not going to want to miss this opportunity!

Last Agent to Sell the Property

Bill Ruane

Estate Properties License #00972400 Listed on: 04/02/2020

Estate Properties

Last Buyer's Agent

Adam Hammodat

Keller Williams Realty Irvine License #01995901

Keller Williams Realty Irvine

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1972

Lot Details

  • 4,356 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Interior Spaces

  • 2,676 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 13 / 6
  • Tax Tract Number 857
  • Assessor Parcel Number 68225413

Community Details

Building Details

  • 1 Separate Water Meter
  • Electric Expense $120
  • Fuel Expense $414
  • Gardener Expense $550
  • Insurance Expense $2,318
  • Other Expense $920
  • Professional Management Expense $900
  • Trash Expense $744
  • Water Sewer Expense $777
  • New Taxes Expense $11,800
  • Operating Expense $21,335
  • Gross Income $85,800
  • Net Operating Income $59,291

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 900.00
  • Property Attached: No
  • Water Sewer Expenses: 777.00
  • Property Type: Residential Income
  • Gardener Expense: 550.00
  • Parcel Number: 68225413
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 616.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 744.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Electric Expense: 120.00
  • Fuel Expense: 414.00
  • Gross Income: 85800.00
  • Gross Operating Income: 83262.00
  • Gross Scheduled Income: 85800.00
  • Insurance Expense: 2318.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 59291.00
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 21335.00
  • Other Expense: 920.00
  • Other Expense Description: CUIns
  • Rent Control: No
  • Total Expenses: 21335.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11800.00
  • Tax Block: 6
  • Tax Census Tract: 423.13
  • Tax Lot: 13
  • Tax Tract Number: 857

Range of Values:

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List Price
Sold Price
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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
12/30/2020 12/30/20 Sold $1,650,000 0.0% $617 / Sq Ft
10/15/2020 10/15/20 For Sale $1,650,000 0.0% $617 / Sq Ft
10/04/2020 10/04/20 Off Market $1,650,000 -- --
04/02/2020 04/02/20 For Sale $1,650,000 -- $617 / 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: SB20067428

California Regional Multiple Listing Service (CRMLS)