NOT LISTED FOR SALE
6 Beds
4 Baths
3,180 Sq Ft
1971 Built

Last Sold June 15, 2018

Last sale price $1,500,000 $472 Per Sq Ft

33 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Balcony
  • Marco Forster Middle School Rated A-
  • Neighborhood Views
  • 4-minute walk to Lantern Village Community Park

About This Home

As of June 2018

Amazing opportunity to own a piece of the Dana Point lifestyle. This 4-plex is located less than a mile from the iconic Dana Point Harbor with it's endless shops, dining and recreational opportunities! See pics and supplements for details regarding the $200 million dollar harbor renovation that is making what is already great, even better! These units have been recently updated - some with upgraded kitchens, baths and flooring! The entire building enjoys new retrofit windows, a community laundry with LEASED coin-operated machines, 4 single-car garages, 3 uncovered parking spaces and so much more. DO NOT MISS THIS OPPORTUNITY.

Last Agent to Sell the Property

Jimmy Reed

First Team Real Estate License #01263988 Listed on: 03/29/2018

First Team Real Estate

Last Buyer's Agent

Jimmy Reed

First Team Real Estate License #01263988 Listed on: 03/29/2018

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 4,844 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,180 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Neighborhood Views
  • Gas Cooktop
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 66
  • Tax Tract Number 768
  • Assessor Parcel Number 68228224

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $164
  • Insurance Expense $1,848
  • Other Expense $85
  • Trash Expense $720
  • Water Sewer Expense $890
  • New Taxes Expense $5,674
  • Operating Expense $9,363
  • Net Operating Income $64,593

Property Details

Home Type

Multi-Family

Year Built

Built in 1971 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 890.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 68228224
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 471.70
  • Room Type: Entry, Family Room

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4844.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 1200 Square Feet
  • Electric Expense: 164.00
  • Gross Scheduled Income: 73956.00
  • Insurance Expense: 1848.00
  • Net Operating Income: 64593.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 2
  • Number With Refrigerator: 1
  • Operating Expense: 9363.00
  • Other Expense: 85.00
  • Other Expense Description: Fire Pro
  • Rent Control: No
  • Total Actual Rent: 6163.00
  • Total Expenses: 9363.00

Tax Info

  • New Taxes Expense: 5674.00
  • Tax Census Tract: 423.13
  • Tax Lot: 66
  • Tax Tract Number: 768

Range of Values:

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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 Change Sq Ft Price
06/15/2018 06/15/18 Sold $1,500,000 -3.2% $472 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $1,550,000 -- $487 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18071837

California Regional Multiple Listing Service (CRMLS)

APN: 682-282-24