NOT LISTED FOR SALE
3 Beds
2 Baths
1,532 Sq Ft
2,178 Sq Ft Lot

Last Sold April 17, 2019

Last sale price $910,000 $594 Per Sq Ft

41 Days on Market

Highlights

  • Peek-A-Boo Views
  • Open Floorplan
  • Cathedral Ceiling
  • Marco Forster Middle School Rated A-
  • Property is near public transit
  • Main Floor Bedroom

About This Home

As of April 2019

Own this amazing remodeled duplex in the heart of the highly desirable Lantern Village of Dana Point, with an upstairs 2 bedroom, 1 bath with large private deck off the living room with a peak ocean view and high vaulted ceilings and a 1 bedroom, 1 bath ground floor unit with a private back yard. Each unit has its own secure 1 car garage. Property is well maintained with new windows, new roof, has been re-piped, new appliances, new water heater, new wall heater, new furnace, new garage doors, and property has been recently tented. Great Investment opportunity to own a beach property in an excellent location, just a short stroll to Dana Point Harbor, local surf and beaches, shops and 5 star dining.

Last Agent to Sell the Property

Rochelle Sparling

Beach Cities Real Estate License #01239283 Listed on: 02/05/2019

Last Buyer's Agent

Rochelle Sparling

Beach Cities Real Estate License #01239283 Listed on: 02/05/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • Assigned Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,532 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room
  • Peek-A-Boo Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Mirrored Closets Doors
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 7
  • Tax Tract Number 968
  • Assessor Parcel Number 68213106

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $100
  • Insurance Expense $1,500
  • Trash Expense $240
  • Water Sewer Expense $600
  • New Taxes Expense $10,889
  • Operating Expense $13,329
  • Gross Income $36,471
  • Net Operating Income $36,471

Property Details

Home Type

Multi-Family

Year Built

Built in 1963 | Remodeled

Lot Details

2,178 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 3.70
  • Inclusions: All appliances
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: R2
  • Property Condition: Termite Clearance, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 68213106
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Formica Counters, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 593.99
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Vented Exhaust Fan
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: Common Area, Community, In Closet, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Level with Street, Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 632 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 36471.00
  • Gross Multiplier: 20.00
  • Gross Operating Income: 49800.00
  • Gross Scheduled Income: 49800.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2178.0000 Square Feet
  • Net Operating Income: 36471.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 13329.00
  • Rent Control: No
  • Total Expenses: 13329.00

Tax Info

  • New Taxes Expense: 10889.00
  • Tax Area: 28025
  • Tax Census Tract: 423.13
  • Tax Lot: 7
  • Tax Rate: 0.01
  • Tax Tract: 968
  • Tax Tract Number: 968
  • Tax Year: 2018
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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
04/17/2019 04/17/19 Sold $910,000 -4.2% $594 / Sq Ft
02/05/2019 02/05/19 For Sale $950,000 0.0% $620 / Sq Ft
03/10/2018 03/10/18 Rented $2,200 0.0% --
02/12/2018 02/12/18 Price Changed $2,200 -2.2% $2 / Sq Ft
02/03/2018 02/03/18 Price Changed $2,250 -4.3% $2 / Sq Ft
01/03/2018 01/03/18 For Rent $2,350 -- --
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 $11,761 $1,015,121 $958,018 $57,103
2024 $11,761 $995,217 $939,233 $55,984
2023 $11,391 $975,703 $920,816 $54,887
2022 $11,202 $956,572 $902,761 $53,811
2021 $10,910 $937,816 $885,060 $52,756
2020 $10,711 $928,200 $875,984 $52,216
2019 $4,234 $275,849 $196,939 $78,910
2018 $4,016 $270,441 $193,078 $77,363
2017 $3,960 $265,139 $189,292 $75,847
2016 $3,982 $259,941 $185,581 $74,360
2015 $3,503 $256,037 $182,793 $73,244
2014 $3,452 $251,022 $179,212 $71,810
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19026770

California Regional Multiple Listing Service (CRMLS)

APN: 682-131-06

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