$1,850,000
$2,000,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
SOLD DATE : 10/19/2022
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22143126
Sold Date 10/19/22
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Priced to SELL! Fantastic Investment Opportunity! Remodeled Dana Pt. Triplex in historic and highly desirable Lantern Village, short walk to PCH and newly renovated, downtown Dana Pt. with great restaurants, sidewalk cafes, shopping, Harbor/Marina, and world class hotels and beaches. Three "single level" units as follows: "one" 2B/1B; , "two" separate 1/B/1B units. Each unit has its own interior laundry/washer & dryer. All three units have been upgraded with newer windows, doors, cabinets, appliances, flooring, blinds, bathrooms, and vanities. Front unit "A" includes large enclosed private patio great for outdoor living, entertaining, or possibly a pet. Parking is NOT a problem since each unit has its own detached 1-car garage PLUS oversized driveway effectively providing two parking spaces per unit. Lantern Village rentals are always is very high demand and they lease quickly. Very low maintenance building in a prime beach city location represents a tremendous opportunity as Dana Pt. and Harbor/Marina are in the midst of an extensive renovation/modernization. All three Tenants are currently significantly "below" Fair Market rental rates. Motivated Seller.
Location
State CA
County Orange
Zoning Public Rec
Direction PCH to Amber Lantern
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
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Bought with Wade Wright eXp Realty of California Inc








