$3,100,000
UNDER CONTRACT

Estimated payment $17,190/month

Total Views 1,875
6 Beds
6 Baths
4,802 Sq Ft
$646 Price per Sq Ft

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Property is near public transit
  • Marco Forster Middle School Rated A-
  • Open Floorplan
  • Main Floor Bedroom

About This Home

Discover unparalleled coastal living in the heart of the Lantern Village of Dana Point with this exceptional four-unit property, perfectly situated to offer breathtaking ocean views from the top 2 units. This well-maintained street to street complex features 3 recently updated units, comfort, and the serene beauty of seaside living, making it an ideal opportunity to live by the beach while the other units help pay your mortgage or as a pure investment opportunity.
The upper units (C & D) have been updated and feature 2 bedrooms and 2 baths with open concept living space. They boast large balconies with spectacular ocean views that provide ample outdoor entertaining space. Unit D has a two-car garage with direct access into the unit. Unit C has a single car garage. Both units C & D have washer/dryer hookups in their garages.
Downstairs, units A & B are mirror images of each other with 1 bedroom and 1 bath. They offer open concept living spaces, balconies, and single car garages. Unit A has been recently updated with quartz countertops in the kitchen and bathroom and vinyl flooring and has a peek-a-boo ocean view from the balcony. Unit B has not been updated, but has a nice size patio and 2 parking spaces in the driveway. Units A & B have access to the shared laundry in the building.
Set on a prime piece of coastal real estate, this property features low maintenance landscaping, 5 garage parking spaces, 7 driveway parking spaces and offers easy access to nearby beaches, shops and dining. Whether you’re seeking an income-generating property or a stunning home with rental income, this ocean-view gem is a rare find. Don’t miss the chance to own your own piece of paradise.

Listing Agent

Nicole Derleth

VonKeith Properties Brokerage Phone: 949-899-5262 License #02172921 Listed on: 06/01/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Stucco Fence
  • Paved or Partially Paved Lot

Parking

  • 5 Car Garage
  • 7 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Quadruplex
  • Entry on the 3rd floor
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 4,802 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 142
  • Tax Tract Number 768
  • Assessor Parcel Number 68224211
  • $3,084 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lantern Village Central Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $300
  • Fuel Expense $920
  • Insurance Expense $5,000
  • Professional Management Expense $8,150
  • Trash Expense $1,160
  • Water Sewer Expense $1,225
  • Operating Expense $19,430
  • Gross Income $169,260
  • Net Operating Income $143,259

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

4,792 Sq Ft Lot

Parking

5

Listing Details

  • Inclusions: 1 refrigerator, 4 ranges, 4 dishwashers, 3 microwaves
  • Professional Management Expense: 8150.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lantern Village Central (LDC)
  • View: Yes
  • Water Sewer Expenses: 1225.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 68224211
  • Year Built: 1973
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Open Floorplan
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 645.56
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • Exterior Features: Lighting
  • View: Coastline, Ocean, City Lights
  • Fence: Yes
  • Fencing: Stucco Wall
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage, Concrete, Assigned, Asphalt, Garage Faces Front, Driveway
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Microwave, Gas Range, Dishwasher
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1160.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Near Public Transit
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Electric Expense: 300.00
  • Fuel Expense: 920.00
  • Gross Income: 169260.00
  • Gross Operating Income: 162689.00
  • Gross Scheduled Income: 169260.00
  • Insurance Expense: 5000.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 143259.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 2
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 1
  • Operating Expense: 19430.00
  • Rent Control: No
  • Total Actual Rent: 162689.00
  • Total Expenses: 19430.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 142
  • Tax Tract Number: 768
  • TaxOtherAnnualAssessmentAmount: 3084.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,347 $224,372 $41,110 $183,262
2024 $5,061 $219,973 $40,304 $179,669
2023 $4,783 $215,660 $39,513 $176,147
2022 $4,755 $211,432 $38,738 $172,694
2021 $4,512 $207,287 $37,979 $169,308
2020 $4,534 $205,162 $37,590 $167,572
2019 $4,379 $201,140 $36,853 $164,287
2018 $4,082 $197,197 $36,131 $161,066
2017 $3,988 $193,331 $35,423 $157,908
2016 $3,786 $189,541 $34,729 $154,812
2015 $3,696 $186,694 $34,207 $152,487
2014 $3,658 $183,037 $33,537 $149,500
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
06/10/2026 06/10/26 For Sale $3,100,000 0.0% $646 / Sq Ft
06/09/2026 06/09/26 Off Market $3,100,000 -- --
06/01/2026 06/01/26 For Sale $3,100,000 -- $646 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Title365
Interfamily Deed Transfer -- Title365
Interfamily Deed Transfer -- None Available
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 Loan Amount Loan Type
Closed $750,000 New Conventional
Closed $450,000 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26118209

California Regional Multiple Listing Service (CRMLS)

APN: 682-242-11

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