NOT LISTED FOR SALE

34121 Amber Lantern St Dana Point, CA 92629

4 Beds
5 Baths
2,538 Sq Ft
4,487 Sq Ft Lot

Last Sold April 19, 2021

Last sale price $1,794,000 $707 Per Sq Ft

5 Days on Market

Highlights

  • Fishing
  • No HOA
  • Laundry Room
  • Marco Forster Middle School Rated A-
  • Hiking Trails
  • 3-minute walk to La Plaza Park

About This Home

As of April 2021

This FAVORABLE FOUR-PLEX is located in the heart of Dana Point with great walkability. FOUR SINGLE CAR GARAGES, with plenty of storage, including 4 driveway spaces. Units are in good condition. This is an OPPORTUNE time to invest in the Dana Point Lantern District!! Shopping, Surfing, Whale Watching, Restaurants and Beach Walks/Trails all close for your tenants to enjoy! Consider this INCREDIBLE opportunity for income AND appreciating value -- It's TRULY a fabulous location for convenient and enjoyable strolls to all the new, trendy attractions and restaurants. Including the breath-taking views of Catalina, Dana Point Harbor and the beautiful Coastline, which aren't far from this 4-unit building. Nestled between Laguna Beach and San Clemente, this charming city is slated to receive a $330M renovation of the harbor over the next few years.. Dana point is rapidly emerging as South County's hottest new destination.

Last Agent to Sell the Property

Holly McKhann

First Team Real Estate License #01956721 Listed on: 02/25/2021

First Team Real Estate

Co-Listed By

Sydney Kohler

Inhabit Collective License #02100957

Last Buyer's Agent

Damien Breaux

Morgan Skenderian License #01460301

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,487 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Front Facing Garage
  • Driveway
  • On-Street Parking
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,538 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Additional Features

  • Accessible Parking
  • Central Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 47
  • Tax Tract Number 768
  • Assessor Parcel Number 68228213

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,106
  • Insurance Expense $1,000
  • Maintenance Expense $9,500
  • Pest Control $948
  • Professional Management Expense $5,400
  • Trash Expense $607
  • Water Sewer Expense $800
  • New Taxes Expense $18,000
  • Operating Expense $37,361
  • Gross Income $88,800
  • Net Operating Income $51,376

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Other Phone Description: 949-295-7770
  • Professional Management Expense: 5400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 800.00
  • Zoning: R
  • Property Type: Residential Income
  • Gardener Expense: 1106.00
  • Parcel Number: 68228213
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 706.86

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Assigned, Driveway, Garage, Garage Faces Front, Street
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Pest Control Expense: 948.00
  • Sewer: Public Sewer
  • Trash Expense: 607.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4487.00
  • Lot Size Acres: 0.1030

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 88800.00
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4487.0000 Square Feet
  • Maintenance Expense: 9500.00
  • Net Operating Income: 51376.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 37361.00
  • Rent Control: Yes
  • Total Expenses: 37361.00

Tax Info

  • New Taxes Expense: 18000.00
  • Tax Census Tract: 423.13
  • Tax Lot: 47
  • Tax Tract Number: 768

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 Change Sq Ft Price
04/19/2021 04/19/21 Sold $1,794,000 -0.3% $707 / Sq Ft
02/25/2021 02/25/21 For Sale $1,799,990 +18.4% $709 / Sq Ft
10/19/2016 10/19/16 Sold $1,520,000 -2.6% $599 / Sq Ft
09/17/2016 09/17/16 For Sale $1,560,000 0.0% $615 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $1,560,000 -- $615 / 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: OC21031228

California Regional Multiple Listing Service (CRMLS)

APN: 682-282-13