33972 Alcazar Dr Dana Point, CA 92629
Lantern Village NeighborhoodEstimated payment $14,790/month
Highlights
- Fishing
- No HOA
- Laundry Room
- Marco Forster Middle School Rated A-
- Hiking Trails
- Rectangular Lot
About This Home
This well-maintained 4-unit apartment complex, built in 1972, features significant recent capital improvements, including new HVAC systems (2 units), a refurbished main sewer line and is fully SB721 compliant with new stairs, decks and railings. Select units have received significant upgrades to the interiors all contributing to long-term stability and reduced maintenance risk. With a desirable unit mix dominated by spacious two-bedrooms and projected upside of 29%, this property stands out as a turnkey opportunity with obtainable upside in one of Orange County’s most sought-after coastal markets. Located just minutes from the vibrant Lantern District and the newly revitalized Dana Point Harbor, 33972 Alcazar Drive offers the ideal blend of coastal lifestyle and strong investment appeal. Residents enjoy effortless access to Dana Point’s best entertainment, boutique shopping, acclaimed dining, and year-round outdoor activities from harbor walks and beaches to community festivals and waterfront recreation.
Listing Agent
Morgan Skenderian Brokerage Email: rma@morganskenderian.com License #01273871 Listed on: 12/05/2025
Co-Listing Agent
Morgan Skenderian Brokerage Email: rma@morganskenderian.com License #01942627
Property Details
Home Type
- Apartment
Year Built
- Built in 1972
Lot Details
- 5,117 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,156 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 14 / 6
- Tax Tract Number 857
- Assessor Parcel Number 68225414
- $3,659 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Fishing
- Park
- Water Sports
- Hiking Trails
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,100
- Fuel Expense $1,100
- Gardener Expense $600
- Insurance Expense $2,603
- Maintenance Expense $3,693
- Trash Expense $1,100
- Water Sewer Expense $1,100
- New Taxes Expense $28,058
- Operating Expense $39,854
- Gross Income $126,900
- Net Operating Income $83,239
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,046 | $1,249,144 | $1,014,823 | $234,321 |
| 2024 | $16,046 | $1,224,651 | $994,924 | $229,727 |
| 2023 | $15,541 | $1,200,639 | $975,416 | $225,223 |
| 2022 | $11,929 | $1,177,098 | $956,291 | $220,807 |
| 2021 | $11,699 | $1,154,018 | $937,540 | $216,478 |
| 2020 | $11,583 | $1,142,185 | $927,926 | $214,259 |
| 2019 | $11,355 | $1,119,790 | $909,732 | $210,058 |
| 2018 | $11,137 | $1,097,834 | $891,894 | $205,940 |
| 2017 | $10,919 | $1,076,308 | $874,406 | $201,902 |
| 2016 | $10,710 | $1,055,204 | $857,260 | $197,944 |
| 2015 | $12,335 | $1,039,354 | $844,383 | $194,971 |
| 2014 | $12,132 | $1,018,995 | $827,843 | $191,152 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2026 01/12/26 | Pending | -- | -- | -- |
| 12/05/2025 12/05/25 | For Sale | $2,535,000 | -- | $610 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25271422
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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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