NOT LISTED FOR SALE

Estimated Value: $1,836,000 - $2,044,000

4 Beds
3 Baths
1,747 Sq Ft
$1,095/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $1,486,000 $851 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $11,277/month

33 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Cul-De-Sac
  • Marco Forster Middle School Rated A-
  • Balcony
  • Two cooling system units

About This Home

As of May 2023

Introducing an exceptional ocean-view luxury residence or investment opportunity located in the highly coveted Lantern District in Dana Point! This immaculately maintained 4 bedroom beach residence boasts a host of desirable features that are sure to impress. The upstairs penthouse features 2 bedrooms, 2 bathrooms, and breathtaking views of the ocean. The reimagined bathrooms and beautiful flooring throughout add a touch of elegance to the space. The chef's kitchen is perfect for entertaining guests and comes equipped with top-tier stainless steel appliances, custom cabinets, a beautiful backsplash, breakfast bar, and a stunning stained glass accent. Step outside to the ocean-view balcony and enjoy the fresh sea breeze and stunning views. The primary suite is designed for ultimate relaxation and comfort and includes a walk-in closet and walk-in shower. Downstairs, you'll find an additional elegant 2 bedroom, 1 bathroom living space with a bonus kitchen and stainless steel appliances. This unit also features an enclosed private patio, perfect for intimate dining. Located in South County, just a short distance from the harbor, pristine beaches, legendary surf, fine dining, retail, and entertainment, this home offers the perfect combination of seaside luxury and rare investment opportunity. Whether you're looking for a private ocean-view residence or a lucrative investment property, this immaculate beach home is the perfect choice. Don't miss out on this one-of-a-kind opportunity to own a piece of paradise in the iconic Lantern District.

Last Agent to Sell the Property

James Desio

Rise Realty Listed on: 03/03/2023

Last Buyer's Agent

Judy Field

Berkshire Hathaway HomeServices California Properties License #01435325

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 2,169 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • South Facing Home

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Mountain

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,747 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Gas Range
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Utilities

  • Two cooling system units
  • Central Heating
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 173
  • Tax Tract Number 968
  • Assessor Parcel Number 68213651
  • $1,504 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Water Sports
  • Bike Trail

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $975
  • Insurance Expense $2,750
  • Operating Expense $3,725
  • Gross Income $70,800
  • Net Operating Income $67,075

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

2,169 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lantern Village Central (LDC)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 975.00
  • Parcel Number: 68213651
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Recessed Lighting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 850.60

Exterior Features

  • Direction Faces: South
  • View: Mountain(s), Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 2169.00
  • Lot Size Acres: 0.0498

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 70800.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 2750.00
  • Lot Size Area: 2169.0000 Square Feet
  • Net Operating Income: 67075.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3725.00
  • Rent Control: No
  • Total Actual Rent: 5900.00
  • Total Expenses: 3725.00

Tax Info

  • Tax Census Tract: 423.13
  • Tax Lot: 173
  • Tax Tract Number: 968
  • TaxOtherAnnualAssessmentAmount: 1504.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 17, 2023
Sold by
Prevost Ca Holdings Llc
Bought by
Wilezek Donna and Lebano Charles
Seller's Agent
James Desio
Rise Realty
Buyer's Agent
Judy Field
Berkshire Hathaway HomeServices California Properties
List Price
$1,550,000
Sold Price
$1,486,000
Premium/Discount to List
-$64,000
-4.13%
Views
271
Current Estimated Value
$1,912,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,315
Avg. Annual Appreciation
9.43%
Original Mortgage
$891,000
Outstanding Balance
$864,941
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,047,374

Purchase Details

Closed on
Aug 19, 2022
Sold by
Prevost Revocable Trust
Bought by
Prevost Ca Holdings Llc

Purchase Details

Listed on
Jul 14, 2021
Closed on
Nov 18, 2021
Sold by
Ork Pros
Bought by
Prevost Jeremy J
Seller's Agent
Kerie Edmead
Circle Real Estate
Buyer's Agent
James Desio
Rise Realty
List Price
$1,485,000
Sold Price
$1,450,000
Premium/Discount to List
-$35,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 21, 2020
Sold by
Ork Savedey
Bought by
Ork Pros
Seller's Agent
Brandon Hobbs
Arbor Real Estate
Buyer's Agent
Kerie Edmead
Circle Real Estate
List Price
$1,380,000
Sold Price
$1,360,000
Premium/Discount to List
-$20,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$1,156,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2020
Closed on
Aug 11, 2020
Sold by
Ball Stephen Lee and Ball Minou
Bought by
Ork Pros
Seller's Agent
Brandon Hobbs
Arbor Real Estate
Buyer's Agent
Kerie Edmead
Circle Real Estate
List Price
$1,380,000
Sold Price
$1,360,000
Premium/Discount to List
-$20,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,156,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2017
Closed on
Nov 7, 2017
Sold by
Qin Caifei
Bought by
Qu Yang Charles
Seller's Agent
Mike Lovullo
Lantern Bay Realty
Buyer's Agent
Matthew Blashaw
Redfin
List Price
$989,900
Sold Price
$875,000
Premium/Discount to List
-$114,900
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Original Mortgage
$636,150
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2017
Closed on
Oct 18, 2017
Sold by
Rulon Linda L
Bought by
Ou Yang Chalres and Bell Stephen Lee
Seller's Agent
Mike Lovullo
Lantern Bay Realty
Buyer's Agent
Matthew Blashaw
Redfin
List Price
$989,900
Sold Price
$875,000
Premium/Discount to List
-$114,900
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,150
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Wilezek Donna $1,486,000 Socal Title Company
Prevost Ca Holdings Llc -- --
Prevost Revocable Trust -- --
Prevost Jeremy J $1,450,000 Orange Coast Title Company
Ork Pros -- First American Title Company
Ork Pros $1,360,000 First American Ttl Santa Ana
Qu Yang Charles -- Stewart Title
Ou Yang Chalres $875,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilezek Donna $891,000
Previous Owner Ork Pros $1,156,000
Previous Owner Ou Yang Chalres $636,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $1,486,000 -4.1% $851 / Sq Ft
03/03/2023 03/03/23 For Sale $1,550,000 +6.9% $887 / Sq Ft
12/21/2021 12/21/21 Sold $1,450,000 -2.4% $830 / Sq Ft View Prior Sale
11/19/2021 11/19/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $1,485,000 0.0% $850 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $1,485,000 +2.4% $850 / Sq Ft
08/17/2021 08/17/21 Off Market $1,450,000 -- --
07/23/2021 07/23/21 Price Changed $1,485,000 -3.9% $850 / Sq Ft
07/14/2021 07/14/21 For Sale $1,545,000 +13.6% $884 / Sq Ft
09/29/2020 09/29/20 Sold $1,360,000 -1.4% $778 / Sq Ft View Prior Sale
08/02/2020 08/02/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $1,380,000 +57.7% $790 / Sq Ft
11/21/2017 11/21/17 Sold $875,000 -0.6% $501 / Sq Ft View Prior Sale
09/18/2017 09/18/17 Pending -- -- --
09/03/2017 09/03/17 Price Changed $879,900 -2.2% $504 / Sq Ft
07/18/2017 07/18/17 Price Changed $899,900 -5.3% $515 / Sq Ft
06/20/2017 06/20/17 Price Changed $949,900 -4.0% $544 / Sq Ft
05/24/2017 05/24/17 For Sale $989,900 -- $567 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,117 $1,546,034 $1,324,033 $222,001
2024 $17,117 $1,515,720 $1,298,071 $217,649
2023 $16,295 $1,450,000 $1,270,116 $179,884
2022 $16,154 $1,450,000 $1,270,116 $179,884
2021 $15,172 $1,360,000 $1,195,253 $164,747
2020 $10,999 $978,057 $825,667 $152,390
2019 $10,229 $892,500 $809,477 $83,023
2018 $10,017 $875,000 $793,604 $81,396
2017 $2,402 $144,242 $49,798 $94,444
2016 $2,321 $141,414 $48,821 $92,593
2015 $2,099 $139,290 $48,087 $91,203
2014 $2,071 $136,562 $47,145 $89,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG23035983

California Regional Multiple Listing Service (CRMLS)

APN: 682-136-51

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