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Key Details
Sold Price $1,975,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Lantern Village Central (Ldc)
MLS Listing ID OC20101281
Sold Date 02/11/21
HOA Y/N No
Year Built 1972
Annual Tax Amount $24,200
Lot Size 4,791 Sqft
Property Description
PRICE REDUCTION!!! RARE 4 plex located close to the Beach, Ocean and Downtown Dana Point. This 4 unit multifamily home is in the Lantern district of Dana Point. Each unit is separately metered. Very large units with a Cap Rate of 3.47%. This is a value add opportunity. Just 5 buildings up from PCH and a short distance to Doheny State Beach & Dana Point Harbor & Restaurants. Units have been upgraded/remodeled with vinyl wood flooring throughout, Quartz countertops in the kitchen & each bathroom and new tub & tile to the ceiling in the shower/tub area in the upper units. Three units come with a refrigerator, stove, dishwasher and microwave. Smaller unit has full kitchen refrigerator, stove and microwave. There are ceiling fans in each unit. A single car garage for each unit with new rollup garage door and new garage door opener with remote control. Additional parking in front of each garage for off street parking. Smaller unit has an assigned parking area in the back of the building. Three units have a living/family room, dining area and kitchen and one upper unit has a full balcony and one of the lower unit has an attached patio. Convenient community laundry located in the back of the building & a soft water unit has been installed that services all the units. This building has been well maintained and shows pride of ownership. Termite Clearance completed. Turn key...Don't miss this one.
Location
State CA
County Orange
Area Lt - Lantern Village
Interior
Interior Features Balcony, Ceiling Fan(s), Stone Counters, Multiple Master Suites
Flooring Wood
Fireplace No
Appliance Built-In Range, Dishwasher, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
Laundry Common Area
Exterior
Garage Assigned, Door-Single, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Garage Door Opener, Off Street, Paved, One Space
Garage Spaces 3.0
Garage Description 3.0
Fence Block, Wood
Pool None
Community Features Biking, Curbs, Dog Park, Hiking, Street Lights, Sidewalks, Park
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
View Y/N No
View None
Roof Type Composition
Parking Type Assigned, Door-Single, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Garage Door Opener, Off Street, Paved, One Space
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre, Near Park, Paved
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 68228110
Security Features Carbon Monoxide Detector(s),Resident Manager,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Craig Delahooke • Berkshire Hathaway HomeServices
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935