$2,690,000
SOLD FEB 18, 2025

34141 Ruby Lantern St Dana Point, CA 92629

7 Beds
7 Baths
3,893 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$691 Per Sq Ft

7% Below List Price

21 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Custom Home
  • Marco Forster Middle School Rated A-
  • Ocean Side of Freeway
  • Open Floorplan

About This Home

As of February 2025

Discover unparalleled coastal living in the heart of the Lantern District of Dana Point with this exceptional four-unit property, perfectly situated to offer breathtaking ocean views from the penthouse as well as from two of the other units. This well maintained four-unit complex combines updated units, comfort, and the serene beauty of seaside living, making it an ideal investment opportunity or private retreat.

The two bedroom, two bath penthouse (unit D) features an open concept living space flooded with natural light, accentuating the panoramic ocean and city lights vistas visible through oversized windows in the living room and on the large private deck. The gorgeous bathroom on the main floor has been fully renovated, featuring sleek finishes that provide functionality and elegance as well as washer/dryer hookups for stackable laundry. The spacious bedrooms offer the ultimate in relaxation and the practical kitchen is equipped with high-end smart appliances, plenty of storage and counter space. The penthouse unit also offers a second full bath downstairs as well as incorporates a converted garage space.

Units A & B are mirror images of each other, with two levels and two bedrooms, one- and one-half baths each. They offer open concept living spaces, personal balconies, and ocean views from one of the bedrooms. Both units have been updated with quartz countertops in both bathrooms and the kitchen.

Unit C is a loft studio with floor to ceiling windows allowing in amazing natural light and has also been updated with quartz counters in the kitchen and on the vanity.

Set on a prime piece of coastal real estate, this property has a laundry room on site and offers ample parking with 5 garages and driveways. This property is street to street, features low maintenance landscaping and offers easy access to nearby beaches, shops and dining. Imagine waking up to stunning sunrises each day and ending the day with the glow of the sunset off the water!

Whether you’re seeking a lucrative income-generating property or a stunning home with rental potential, this ocean-view gem is a rare find.

Last Agent to Sell the Property

Nicole Derleth

VonKeith Properties Brokerage Phone: 949-899-5262 License #02172921

Last Buyer's Agent

Gaetano LoGrande

Bullock Russell RE Services License #01861815

Bullock Russell RE Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Two or More Common Walls
  • Southeast Facing Home
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Custom Home
  • Quadruplex
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,893 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Skylights
  • Window Screens
  • Sliding Doors
  • Living Room with Attached Deck
  • Loft

Kitchen

  • Gas Range
  • Microwave
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Beach Access
  • Ocean Side of Freeway
  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 146
  • Tax Tract Number 768
  • Assessor Parcel Number 68224215
  • $3,147 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $7,075

Property Details

Home Type

Multi-Family

Year Built

Built in 1970 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Inclusions: washer & dryer for shared laundry, 4 ranges, 4 microwaves, 1 refrigerator in unit D, Ring camera for unit D
  • Price Per Unit: 725000
  • 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
  • Architectural Style: Custom Built
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 68224215
  • Year Built: 1970
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Quartz Counters, Tile Counters
  • Stories: 3
  • Entry Location: Varies by unit
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 690.98
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Loft
  • Window Features: Screens, Skylight(s)

Exterior Features

  • Direction Faces: Southeast
  • Foundation: Concrete Perimeter
  • Exterior Features: Lighting
  • View: City Lights, Coastline, Hills, Neighborhood, Ocean
  • Fence: No
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Private
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Microwave, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 7075.00
  • Gross Scheduled Income: 7075.00
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Carpet: 3
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 1
  • Rent Control: Yes
  • Waterfront Features: Beach Access, Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.13
  • Tax Lot: 146
  • Tax Tract Number: 768
  • TaxOtherAnnualAssessmentAmount: 3147.00

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 Change Sq Ft Price
02/18/2025 02/18/25 Sold $2,690,000 -7.2% $691 / Sq Ft
12/12/2024 12/12/24 For Sale $2,900,000 -- $745 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24248498

California Regional Multiple Listing Service (CRMLS)

APN: 682-242-15