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Listed by Ilona Nanda • Coorg Realty

$3,250,000

Est. payment - /mo

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5 Beds

4 Baths

2,412 SqFt

New

34051 Silver Lantern Street Dana Point, CA 92629

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Dolores Park

dpark4re@gmail.com +1(805) 328-1838

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,412 sqft

Price per Sqft $1,347

Subdivision Lantern Village Central

MLS Listing ID PW-25110110

Bedrooms 5

Full Baths 4

Year Built 1977

Lot Size 3,964 Sqft

Property Sub-Type Duplex

Property Description

Super duplex opportunity in the heart of Lantern Village, Dana Point! This property features a 3-bedroom, 2-bathroom upper unit all on one level, and a 2-bedroom, 2-bathroom lower unit, also all on one level. Both units have fireplaces in the living rooms and ceiling fans. The upper unit includes vaulted ceilings and a peek-a-boo ocean view from the deck. The 3-bedroom unit comes with a 2-car garage, and the 2-bedroom unit has a single-car garage. Both garage doors have been replaced and include remote openers. Each unit has inside laundry hook-ups. Major upgrades were completed in December 2020, including new windows, decking, roof, exterior paint, and gutters. Located close to Downtown Dana Point, shopping, restaurants, parks, the harbor, beaches, and the ocean. Also convenient to public transportation, freeway access, and the train station. The upper unit tenant is vacating after 14 years, and the current rent is significantly below market value - presenting an opportunity to secure a new market-rate tenant or occupy the unit as an owner. The lower unit is occupied by a long-term, reliable, and very friendly tenant who is also below market rent. Potential to add two ADUs above the existing garage without extensive city approvals (buyer to verify with the City).

Location

State CA

County Orange

Area Lt - Lantern Village

Zoning R-2

Interior

Interior Features Balcony, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings

Heating Central

Cooling None

Fireplaces Type Family Room, Living Room

Laundry Electric Dryer Hookup, Inside, Washer Hookup

Exterior

Garage Spaces 2.0

Pool None

Community Features Sidewalks, Storm Drains, Street Lights, Suburban, Watersports

View Y/N Yes

View Ocean

Building

Lot Description Landscaped, Rectangular Lot, Sloped Down

Sewer Public Sewer