34051 Silver Lantern St Dana Point, CA 92629
Lantern Village NeighborhoodEstimated payment $12,106/month
Highlights
- Ocean View
- Cathedral Ceiling
- No HOA
- Marco Forster Middle School Rated A-
- Main Floor Primary Bedroom
- 5-minute walk to La Plaza Park
About This Home
Super duplex opportunity in the heart of Lantern Village, Dana Point! This property features a 3-bedroom, 2-bathroom upper unit all on one level, and a 2-bedroom, 2-bathroom lower unit, also all on one level. Both units include fireplaces in the living rooms and ceiling fans. The upper unit offers vaulted ceilings and a peek-a-boo ocean view from the deck. The 3-bedroom unit comes with a 2-car garage, while the 2-bedroom unit has a single-car garage. Both garage doors have been replaced and include remote openers. Each unit has inside laundry hook-ups. The upstairs unit has been fully remodeled, making it ideal to rent at top market rates or as a prime opportunity for an owner-occupied duplex, paired with a very stable long-term tenant downstairs. Major upgrades were completed in December 2020, including new windows, decking, roof, exterior paint, and gutters. Located close to Downtown Dana Point, shopping, restaurants, parks, the harbor, beaches, and the ocean. Also convenient to public transportation, freeway access, and the train station. The lower unit is occupied by a long-term, reliable, and friendly tenant who is paying below market rent. Additional upside: potential to add two ADUs without extensive city approvals (buyer to verify with the City).
Listing Agent
Coorg Realty Brokerage Phone: 714-920-8810 License #01092875 Listed on: 03/03/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Lot Details
- 3,964 Sq Ft Lot
- No Common Walls
- Landscaped
- Rectangular Lot
- Lot Sloped Down
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 12th floor
Interior Spaces
- 2,412 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Family Room with Fireplace
- Living Room with Fireplace
- Ocean Views
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Balcony
- Exterior Lighting
Additional Features
- Suburban Location
- Central Heating
Listing and Financial Details
- Legal Lot and Block 18 / 11
- Tax Tract Number 857
- Assessor Parcel Number 68229218
- $2,200 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
- Lantern Village Central Subdivision
Recreation
- Water Sports
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Operating Expense $26,600
- Gross Income $96,600
- Net Operating Income $70,000
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 | $20,350 | $1,830,344 | $1,669,024 | $161,320 |
| 2024 | $20,350 | $1,794,455 | $1,636,298 | $158,157 |
| 2023 | $19,746 | $1,759,270 | $1,604,214 | $155,056 |
| 2022 | $8,478 | $682,119 | $525,131 | $156,988 |
| 2021 | $8,534 | $668,745 | $514,835 | $153,910 |
| 2020 | $8,446 | $661,888 | $509,556 | $152,332 |
| 2019 | $8,220 | $648,910 | $499,564 | $149,346 |
| 2018 | $7,959 | $636,187 | $489,769 | $146,418 |
| 2017 | $7,716 | $623,713 | $480,165 | $143,548 |
| 2016 | $7,495 | $611,484 | $470,750 | $140,734 |
| 2015 | $7,245 | $602,299 | $463,678 | $138,621 |
| 2014 | $7,128 | $590,501 | $454,595 | $135,906 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | Pending | -- | -- | -- | |
| 03/03/2026 03/03/26 | For Sale | $1,950,000 | +13.1% | $808 / Sq Ft | |
| 03/01/2022 03/01/22 | Sold | $1,724,775 | -2.8% | $715 / Sq Ft | View Prior Sale |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- | |
| 01/26/2022 01/26/22 | Price Changed | $1,775,000 | -1.3% | $736 / Sq Ft | |
| 01/13/2022 01/13/22 | For Sale | $1,799,000 | -- | $746 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26046795
APN: 682-292-18
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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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