$2,175,000
SOLD JUN 16, 2022

34112 Ruby Lantern St Dana Point, CA 92629

6 Beds
6 Baths
3,075 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$707 Per Sq Ft

18% Above List Price

81 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ocean Side of Freeway
  • Open Floorplan
  • Marco Forster Middle School Rated A-
  • City Lights View
  • Property is near public transit

About This Home

As of June 2022

Super Triplex Opportunity in Lantern Village of Dana Point. Two, 2 Bedroom - 2 Bathroom Upper Units. One, 2 Bedroom - 2 Bathroom Lower Unit. Remodeled galley kitchens and bathrooms in upper two units about 1 1/2 years ago. Upper 2 Units interior walls have been painted a neutral paint color. Ceiling fans in Unit C. Lower unit has not been updated. Lower unit has a large patio area. Two upper units have decks and balconies. Two, 2 car garages with driveway for four cars. Laundry hookups in garages. Street to street lot. Close to Downtown Dana Point, Shopping, Restaurants, Beaches, Harbor, Public Transportation and much more!

Last Agent to Sell the Property

Bonnie Foley

First Team Real Estate License #01371482 Listed on: 03/17/2022

First Team Real Estate

Last Buyer's Agent

Cullen McKeown

Coldwell Banker Realty License #01749588

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,676

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Backyard Sprinklers
  • Private Yard

Parking

  • 4 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Triplex
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,075 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Blinds
  • Window Screens
  • Sliding Doors
  • Family Room
  • Living Room Balcony

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Freeway
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Central Heating
  • 220 Volts in Garage
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 120
  • Tax Tract Number 768
  • Assessor Parcel Number 68224112
  • $2,572 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $816
  • Gardener Expense $2,040
  • Insurance Expense $3,000
  • Other Expense $1,452
  • Trash Expense $730
  • Water Sewer Expense $900
  • Operating Expense $7,486
  • Net Operating Income $69,314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,676

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Ranges, dishwashers owned by landlord.
  • Price Per Unit: 700000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lantern District
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: R2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 2040.00
  • Parcel Number: 68224112
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Living Room Balcony, Open Floorplan, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 707.32
  • Room Type: Family Room, Galley Kitchen, Kitchen, Master Suite, Walk-In Closet
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Glass, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage Door Opener, Uncovered
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 730.44
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Rectangular Lot, Near Public Transit, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 816.00
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 69313.56
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Operating Expense: 7486.44
  • Other Expense: 1452.00
  • Other Expense Description: Gas
  • Rent Control: Yes
  • Total Expenses: 7486.44
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.13
  • Tax Lot: 120
  • Tax Tract Number: 768
  • Tax Annual Amount: 7676.00
  • TaxOtherAnnualAssessmentAmount: 2572.00

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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
04/01/2023 04/01/23 Rented $3,200 0.0% --
03/23/2023 03/23/23 Under Contract -- -- --
03/04/2023 03/04/23 For Rent $3,200 0.0% --
06/16/2022 06/16/22 Sold $2,175,000 +3.6% $707 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $2,100,000 +13.5% $683 / Sq Ft
05/19/2022 05/19/22 For Sale $1,850,000 0.0% $602 / Sq Ft
04/12/2022 04/12/22 For Sale $1,850,000 -14.9% $602 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/29/2022 03/29/22 Off Market $2,175,000 -- --
03/17/2022 03/17/22 For Sale $1,850,000 -- $602 / 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: OC22051986

California Regional Multiple Listing Service (CRMLS)

APN: 682-241-12