NOT LISTED FOR SALE
5 Beds
4 Baths
2,670 Sq Ft
3,920 Sq Ft Lot

Last Sold December 15, 2016

Last sale price $875,000 $328 Per Sq Ft

42 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Marco Forster Middle School Rated A-
  • Private Yard
  • Living Room Balcony

About This Home

As of December 2016

Below Market Value!!! Great Duplex with excellent rental potential in Dana Point Lantern Village. Just blocks from shopping, beaches and harbor. Upper unit has 3 bedrooms 2 Baths, large deck, view balcony; Wood flooring throughout, fireplace and full-size laundry hook up. Lower unit RENOVATED in 2005. 2 Bedrooms 2 Baths, new kitchen countertops, stainless steel appliances, laminate wood flooring throughout, new paint, new bathroom vanity; fireplace, and full-size laundry hook up. Large 3 car garage, driveway, private yard. Close to historic Dana point Harbor.

Last Agent to Sell the Property

Arash Sadeghian

Alta Realty Group CA, Inc License #01497018 Listed on: 09/09/2016

Alta Realty Group CA, Inc

Last Buyer's Agent

Christian Walsh

Berkshire Hathaway HomeServices California Properties License #01804983

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Turnkey
  • Slab Foundation
  • Wood Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,670 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Shed

Utilities

  • Whole House Fan
  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 857
  • Assessor Parcel Number 68229403

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $150
  • Insurance Expense $200
  • Trash Expense $200
  • Water Sewer Expense $400
  • New Taxes Expense $375
  • Operating Expense $15,900
  • Gross Income $1,500
  • Net Operating Income $2,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1975 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Lantern Village Central (LDC)
  • View: Yes
  • Water Sewer Expenses: 400.00
  • Zoning: R2
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 150.00
  • Parcel Number: 68229403
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Living Room Balcony
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 327.72
  • Room Type: Primary Bedroom

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Neighborhood, Ocean
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Construction Materials: Stucco, Vinyl Siding, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Electric Cooktop, Disposal, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Washer Hookup
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 3920.00
  • Price Per Lot Square Foot: 243.88
  • Lot Size Acres: 0.0900

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 200.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 2100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 15900.00
  • Rent Control: No
  • Total Expenses: 15900.00

Tax Info

  • New Taxes Expense: 375.00
  • Tax Lot: 3
  • Tax Tract Number: 857

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
12/15/2016 12/15/16 Sold $875,000 -2.8% $328 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
10/11/2016 10/11/16 Price Changed $899,900 -3.9% $337 / Sq Ft
09/23/2016 09/23/16 Price Changed $935,995 -2.1% $351 / Sq Ft
09/09/2016 09/09/16 For Sale $956,000 +9.3% $358 / Sq Ft
09/08/2016 09/08/16 Off Market $875,000 -- --
09/06/2016 09/06/16 For Sale $956,000 -- $358 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $12,233 $1,015,509 $850,563 $164,946
2024 $12,233 $995,598 $833,886 $161,712
2023 $11,803 $976,077 $817,535 $158,542
2022 $11,475 $956,939 $801,505 $155,434
2021 $11,253 $938,176 $785,789 $152,387
2020 $11,069 $928,557 $777,732 $150,825
2019 $10,836 $910,350 $762,482 $147,868
2018 $10,548 $892,500 $747,531 $144,969
2017 $10,314 $875,000 $732,873 $142,127
2016 $5,028 $339,111 $182,772 $156,339
2015 $4,527 $334,018 $180,027 $153,991
2014 $4,462 $327,476 $176,501 $150,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16197354

California Regional Multiple Listing Service (CRMLS)

APN: 682-294-03