NOT LISTED FOR SALE
6 Beds
4 Baths
3,180 Sq Ft
4,844 Sq Ft Lot

Sale Details

Date 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 in unit

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

4,844 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,150
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2018
Closed on
Apr 19, 2018
Sold by
Bought by
Seller's Agent
Jimmy Reed
First Team Real Estate
Buyer's Agent
Jimmy Reed
First Team Real Estate
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,500
Interest Rate
0.0617%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,500
Interest Rate
0.0617%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Premium Title Of Ca Inc
-- None Listed On Document
$1,500,000 Lawyers Title
-- None Available
-- --
-- Lawyers Title
-- Lawyers Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $729,150
Closed $750,000
Closed $216,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,648 $1,706,742 $1,547,417 $159,325
2024 $20,648 $1,673,277 $1,517,076 $156,201
2023 $19,743 $1,640,468 $1,487,329 $153,139
2022 $16,286 $1,608,302 $1,458,165 $150,137
2021 $15,972 $1,576,767 $1,429,573 $147,194
2020 $15,813 $1,560,600 $1,414,915 $145,685
2019 $15,502 $1,530,000 $1,387,171 $142,829
2018 $5,788 $568,992 $394,993 $173,999
2017 $5,675 $557,836 $387,248 $170,588
2016 $5,567 $546,899 $379,655 $167,244
2015 $7,268 $538,685 $373,953 $164,732
2014 $7,162 $528,133 $366,627 $161,506
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

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