Discover unparalleled coastal living in the heart of the Lantern Village of Dana Point with this exceptional four-unit property, perfectly situated to offer breathtaking ocean views from the top 2 units. This well-maintained street to street complex features 3 recently updated units, comfort, and the serene beauty of seaside living, making it an ideal opportunity to live by the beach while the other units help pay your mortgage or as a pure investment opportunity. The upper units (C & D) have been updated and feature 2 bedrooms and 2 baths with open concept living space. They boast large balconies with spectacular ocean views that provide ample outdoor entertaining space. Unit D has a two-car garage with direct access into the unit. Unit C has a single car garage. Both units C & D have washer/dryer hookups in their garages. Downstairs, units A & B are mirror images of each other with 1 bedroom and 1 bath. They offer open concept living spaces, balconies, and single car garages. Unit A has been recently updated with quartz countertops in the kitchen and bathroom and vinyl flooring and has a peek-a-boo ocean view from the balcony. Unit B has not been updated, but has a nice size patio and 2 parking spaces in the driveway. Units A & B have access to the shared laundry in the building. Set on a prime piece of coastal real estate, this property features low maintenance landscaping, 5 garage parking spaces, 7 driveway parking spaces and offers easy access to nearby beaches, shops and dining. Whether you’re seeking an income-generating property or a stunning home with rental income, this ocean-view gem is a rare find. Don’t miss the chance to own your own piece of paradise.
33372 Cheltam Way presents a rare four-unit investment opportunity in the highly desirable coastal community of Dana Point. Built in 1977, this property offers spacious units, each exceeding 1,000 square feet. The units are thoughtfully designed with tenant comfort in mind, offering washer and dryer hookups, private patios or balconies, and cozy fireplaces. Each residence is also assigned one garage parking space along with an additional open space, adding convenience and value. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. With solid fundamentals and clear upside potential, 33372 Cheltam Way represents an excellent value-add opportunity for investors seeking to enhance rents and maximize returns. The motivated seller further strengthens the appeal of this offering, making it a compelling acquisition in one of Southern California’s most sought-after rental markets.
Rare oceanfront property with direct beach access in the guard gated community of Beach Road in Dana Point. 6 bed 4 bath 2,354 square foot two units consisting of a 4 bed 2 bath and 2 bed, 2 bath home on one of the larger lots on the road of 7,841 sq.ft. with 39' of beachfront and over 200' of depth. In 2007 the owners took this home down to the studs and starting over from the copper plumbing all the way to a new roof and everything in between. Just down the beach from Dana Point Harbor which is going through a grand revitalization project. Panoramic ocean views, great rental history, currently holds short-term rental permits from the City of Dana Point.
Nice Fourplex, each with its own one car garage located in a highly desirable area of Dana Point surrounded by multi million $ homes. Property offers an ideal mix of one- and two-bedroom floorplans. Close to Monarch Beach, Doheny Beach, Dana Point Harbor, Dana Point Lantern District shopping and restaurants. This property offers strong rental and long-term appreciation potential. Neighboring Laguna Beach, San Clemente & Historic San Juan Capistrano just a very short drive near. Building Consits of: Apt #1 - 2 bdrms 1 ba, Apt #2 & 3 - 2 bdrm 2 ba Apt #4 - 1 bdrm 1 ba. On site coin op laundry Drive by only. Please do not disturb tenants.
Incredible Investment Opportunity! The Palisades Apartments are comprised of 15 units in cottage-style clusters and sits on an acre of prime real estate perched along the coastal blufftops between the luxurious revitalized Dana Point Harbor and the San Clemente Pier. These well-maintained single-story units offer stable income and feature a mix of one and two bedroom units with private patios. Tenants enjoy substantial parking with a blend of carports with storage cabinets, garages and perimeter parking. Some units include interior W&D systems and there is also a community on-site laundry room. The owner made a significant investment by just completing construction of a new electric service line with new individual meters and sub-panels. This beautiful coastal community is centrally located to multiple transit systems including the 5 FWY, Pacific Coast Hwy, Amtrak & Metrolink Trains, the Dana Point & San Clemente trolly systems and local parks and award-winning schools.
Dana Point is located in California. Dana Point, California has a population of 33,327. Dana Point is less family-centric than the surrounding county with 26.45% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Dana Point, California is $111,132. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Dana Point is 48.5 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 42.5 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.
