NOT LISTED FOR SALE
4 Beds
2 Baths
1,620 Sq Ft
4,792 Sq Ft Lot

Last Sold June 09, 2020

Last sale price $1,249,000 $771 Per Sq Ft

35 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • No HOA
  • Marco Forster Middle School Rated A-
  • Main Floor Primary Bedroom
  • Galley Kitchen

About This Home

As of June 2020

SURF's UP at the is lovely OCEAN VIEW DUPLEX located in the heart of the Lantern District COMPLETELY REMODELED down to the studs in 2018, this TURNKEY duplex features: Two 2 bedroom 1 bath side by side units, tastefully remodeled in the latest design trends with a comfortable open single level floor plan, property is perched on a gentle hillside with each unit having their own landscaped walkways, new windows & flooring, updated electrical, heating and air conditioning, interior sprinkler system, light and bright living room open to kitchen, quartz counters, pendant lighting, kitchen island with seating level counter, ceiling fans, bathroom with dual sinks, glass enclosed tiled shower, master with walk in closet, full size washer and dryer area, one car garage for each unit, overly spacious outdoor patio area in front, private patios in rear, street to street lot with private parking in rear and ample street parking. Nearby access to beach, harbor, parks, city center, Starbucks, shopping, PCH and freeway. Ideal beach close multi-generational family, owner occupied or tenant lease property. Dana Point is an excellent investment city with over $150M is being spent on the downtown Lantern District area alone and another $350M on the Harbor revitalization. These infrastructure investments will transform Dana Point into a true destination coastal city with something for everybody. Take advantage of this opportunity now – it won’t last long!

Last Agent to Sell the Property

Michael Didelot

HomeSmart, Evergreen Realty License #01740391 Listed on: 04/05/2020

HomeSmart, Evergreen Realty

Last Buyer's Agent

Tracy Bowie

Pacific Sotheby's Int'l Realty License #01234314

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Turnkey
  • Raised Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 139
  • Tax Tract Number 768
  • Assessor Parcel Number 68224208

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,323
  • Water Sewer Expense $204
  • New Taxes Expense $14,289
  • Operating Expense $16,535
  • Gross Income $70,044
  • Net Operating Income $53,508

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 4.12
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lantern Village Central (LDC)
  • View: Yes
  • Water Sewer Expenses: 204.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 68224208
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 770.99
  • Room Type: Family Room, Galley Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet

Exterior Features

  • Foundation: Raised
  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 70044.00
  • Gross Multiplier: 18.55
  • Gross Scheduled Income: 70044.00
  • Insurance Expense: 1323.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 53508.00
  • 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: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 16536.00
  • Rent Control: No
  • Total Actual Rent: 5937.00
  • Total Expenses: 16535.00

Tax Info

  • New Taxes Expense: 14289.00
  • Tax Census Tract: 423.13
  • Tax Lot: 139
  • Tax Tract Number: 768
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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 Prior Sale
06/09/2020 06/09/20 Sold $1,249,000 -3.8% $771 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $1,299,000 +52.8% $802 / Sq Ft
07/11/2017 07/11/17 Sold $850,000 0.0% $525 / Sq Ft View Prior Sale
06/10/2017 06/10/17 Pending -- -- --
06/09/2017 06/09/17 Off Market $850,000 -- --
06/02/2017 06/02/17 For Sale $800,000 -- $494 / 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 $15,240 $1,365,961 $1,203,010 $162,951
2024 $15,240 $1,339,178 $1,179,422 $159,756
2023 $14,856 $1,312,920 $1,156,296 $156,624
2022 $14,486 $1,287,177 $1,133,624 $153,553
2021 $14,132 $1,261,939 $1,111,396 $150,543
2020 $10,023 $867,000 $815,634 $51,366
2019 $9,927 $850,000 $799,641 $50,359
2018 $9,962 $850,000 $799,641 $50,359
2017 $9,370 $800,000 $741,267 $58,733
2016 $1,868 $61,954 $29,755 $32,199
2015 $1,529 $61,024 $29,308 $31,716
2014 $1,517 $59,829 $28,734 $31,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20069431

California Regional Multiple Listing Service (CRMLS)

APN: 682-242-08