$2,600,000

34091 Ruby Lantern St Dana Point, CA 92629

Lantern Village Neighborhood

Estimated payment $16,209/month

Total Views 92
6 Beds
6 Baths
3,765 Sq Ft
$691 Price per Sq Ft

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Private Yard
  • Marco Forster Middle School Rated A-
  • Custom Home
  • No HOA

About This Home

Perched above the coast in Dana Point, this well-maintained duplex captures sweeping panoramic ocean views from both levels and offers an exceptional location just moments from the vibrant Lantern District, Strands Beach, and the scenic Dana Point Headlands trails. The property consists of two spacious residences, with opposing street entrances—each with generous parking and thoughtfully designed layouts. The upper unit at 34092 Seville features direct access to a two-car garage along with two additional driveway spaces, while the lower unit at 34091 Ruby Lantern includes its own two-car garage (non-direct access) plus two driveway spaces. An additional single-car garage is currently leased separately. This rare coastal investment opportunity blends walkability, ocean views, and convenience in one of Dana Point’s most desirable neighborhoods.

Listing Agent

Robyn Robinson

Compass Brokerage Phone: 949-295-5676 License #00849269 Listed on: 10/31/2025

Compass

Co-Listing Agent

Eliyahu Appel

Marcus & Millichap Brokerage Phone: 949-295-5676 License #01918652

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 4,680 Sq Ft Lot
  • Property fronts a highway
  • 1 Common Wall
  • Wrought Iron Fence
  • Vinyl Fence
  • Stucco Fence
  • Private Yard

Parking

  • 5 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener
  • Driveway Down Slope From Street
  • Driveway Up Slope From Street

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Custom Home
  • Cape Cod Architecture
  • Entry on the 2nd floor
  • Interior Block Wall
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,765 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Utility Room
  • Carbon Monoxide Detectors

Kitchen

  • Galley Kitchen
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Ocean Side of Freeway
  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Solar owned by a third party
  • Suburban Location

Listing and Financial Details

  • Tax Lot 141
  • Tax Tract Number 768
  • Assessor Parcel Number 68224210
  • $2,131 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Built by Custom
  • Lantern Village Central Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,800
  • Insurance Expense $3,765
  • Other Expense $3,000
  • Pest Control $720
  • Trash Expense $25
  • Water Sewer Expense $600
  • New Taxes Expense $32,500
  • Operating Expense $43,610
  • Gross Income $2,400
  • Net Operating Income $47,026

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 1.81
  • Property Attached: Yes
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Lantern Village Central (LDC)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Architectural Style: Cape Cod, Custom Built
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 68224210
  • Year Built: 1978
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Block Walls, Living Room Balcony, Recessed Lighting, Sunken Living Room, Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 690.57
  • Room Type: All Bedrooms Up, Foyer, Galley Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Utility Room

Exterior Features

  • View: City Lights, Coastline, Neighborhood, Ocean
  • Fence: Yes
  • Fencing: Stucco Wall, Vinyl, Wrought Iron
  • Builder Name: Custom
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Driveway Down Slope From Street, Driveway Up Slope From Street, Garage, Garage Faces Front, Garage - Single Door, Garage - Two Door, Garage Door Opener, Side by Side
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Refrigerator, Water Heater
  • Electric: Electricity - On Property, Photovoltaics Third-Party Owned
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Pest Control Expense: 720.00
  • Sewer: Public Sewer
  • Trash Expense: 25.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Utilities - Overhead, Yard
  • Lot Size Sq Ft: 4680.00
  • Lot Size Acres: 0.1074

Rental Info

  • Garage Rental Rate: 200.00
  • Tenant Pays: All Utilities, Electricity, Gas, Sewer

Multi Family

  • Electric Expense: 1800.00
  • Garage Income: 2400.00
  • Gross Income: 2400.00
  • Gross Multiplier: 29.47
  • Gross Operating Income: 90636.00
  • Gross Scheduled Income: 88236.00
  • Insurance Expense: 3765.00
  • Lot Size Area: 4680.0000 Square Feet
  • Net Operating Income: 47026.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 43610.00
  • Other Expense: 3000.00
  • Other Expense Description: util/res
  • Other Income1: 2400.00
  • Other Income Description: garage
  • Rent Control: No
  • Total Actual Rent: 90024.00
  • Total Expenses: 43610.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 32500.00
  • Tax Lot: 141
  • Tax Tract Number: 768
  • TaxOtherAnnualAssessmentAmount: 2131.00

Map

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 List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $2,600,000 -- $691 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25234805

California Regional Multiple Listing Service (CRMLS)

APN: 682-242-10

California Orange County Dana Point 92629 Lantern Village

34091 Ruby Lantern St, Dana Point, CA

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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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Robyn Robinson
Listing Agent
Robyn Robinson
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Compass
(949) 295-5676