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Apartment & condo for sale in Dana Point

USD 5,499,601

Apartment & Condo (For sale)

6,506 sqft
lot 7,405 sqft
Reference: EDEN-T103602247 / 103602247
PANORAMIC OCEAN VIEW DUPLEX! A Rare INVESTMENT OPPORTUNITY! FULLY REMODELED tri-level duplex offering breathtaking views from Dana Point Harbor to San Clemente, located just 5 BLOCKS from Doheny State Beach. This exceptional property features 2 identical units, each with 4 bedrooms, 3.5 baths, and approximately 3,253 sqft, for a total of approximately 6,506 sqft combined. Each unit includes a first-floor MOTHER-IN-LAW Suite with a SEPARATE ENTRANCE, perfect for extended family or rental as an ADU. The second floor includes the Primary bedroom and 2 other bedrooms with shared bath, and shared private balcony, and finally third floors include spacious living areas, kitchens, and private decks with stunning ocean views. Unit A offers an additional ocean view from the master bedroom. Parking includes an oversized 2-car garage for each unit, with driveway space for 6 additional vehicles and RV parking next to Unit B. Extensive UPGRADES include NEW KITCHEN with quartz countertops and modern cabinets, NEW BATHROOMS, NEW VINYL FLOORING, 4 New HVAC Systems (2 per unit), RE-PIPED PLUMBING, and a NEW ROOF. Additionally, it includes Recessed Lighting, New Breaker Boxes, and Meters. The property can function as 4 RENTABLE UNITS, with first-floor suites rentable as ADUs and the second and third floors as 3-bedroom, 2.5-bath units with ocean views. Unit B, RV parking location, has **PLANS IN PROGRESS** for an attached 2 Bed/2 Bath ADU (1,200 sqft) with a garage underneath for additional rental income. Estimated total rental income, based on the most recent comps, is $22,000 to $24,000 after adding the ADU. (Estimated rental income is based on recent MLS comparisons in the area.) The 7,405 sqft lot is under **SUBDIVISION PROCESS** for Unit A and Unit B, with the city, with submission expected by the end of January, which will further increase the property's value in the case of a resale. This is a rare opportunity to own a TURNKEY, income-generating property in one of California's most sought-after beachside locations. Perfect for rental investment, multi-generational living, or a combination of both. DON'T MISS OUT! View more View less PANORAMIC OCEAN VIEW DUPLEX! A Rare INVESTMENT OPPORTUNITY! FULLY REMODELED tri-level duplex offering breathtaking views from Dana Point Harbor to San Clemente, located just 5 BLOCKS from Doheny State Beach. This exceptional property features 2 identical units, each with 4 bedrooms, 3.5 baths, and approximately 3,253 sqft, for a total of approximately 6,506 sqft combined. Each unit includes a first-floor MOTHER-IN-LAW Suite with a SEPARATE ENTRANCE, perfect for extended family or rental as an ADU. The second floor includes the Primary bedroom and 2 other bedrooms with shared bath, and shared private balcony, and finally third floors include spacious living areas, kitchens, and private decks with stunning ocean views. Unit A offers an additional ocean view from the master bedroom. Parking includes an oversized 2-car garage for each unit, with driveway space for 6 additional vehicles and RV parking next to Unit B. Extensive UPGRADES include NEW KITCHEN with quartz countertops and modern cabinets, NEW BATHROOMS, NEW VINYL FLOORING, 4 New HVAC Systems (2 per unit), RE-PIPED PLUMBING, and a NEW ROOF. Additionally, it includes Recessed Lighting, New Breaker Boxes, and Meters. The property can function as 4 RENTABLE UNITS, with first-floor suites rentable as ADUs and the second and third floors as 3-bedroom, 2.5-bath units with ocean views. Unit B, RV parking location, has **PLANS IN PROGRESS** for an attached 2 Bed/2 Bath ADU (1,200 sqft) with a garage underneath for additional rental income. Estimated total rental income, based on the most recent comps, is $22,000 to $24,000 after adding the ADU. (Estimated rental income is based on recent MLS comparisons in the area.) The 7,405 sqft lot is under **SUBDIVISION PROCESS** for Unit A and Unit B, with the city, with submission expected by the end of January, which will further increase the property's value in the case of a resale. This is a rare opportunity to own a TURNKEY, income-generating property in one of California's most sought-after beachside locations. Perfect for rental investment, multi-generational living, or a combination of both. DON'T MISS OUT!
Reference: EDEN-T103602247
Country: US
City: Dana Point
Postal code: 92624
Category: Residential
Listing type: For sale
Property type: Apartment & Condo
Property size: 6,506 sqft
Lot size: 7,405 sqft

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SALE PRICE PER SQFT IN DANA POINT

Average sale price per sqft
Jun 2023
3 months
1 year
House
USD 1,398
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Apartment
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REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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