34001 Violet Lantern Street, Dana Point, CA 92629

$1,750,000
3,120
SqFt
List Price
$1,750,000
Price Change
▼ $45,000 1553814267
Status
ACTIVE
MLS#
OC19004922
Year Built
1948
Living Sq. Ft
3,120
Lot Size
4,356
Acres
0.1
Lot Location
Landscaped
Days on Market
139
Property Type
Multifamily

Property Description

34001 Violet Lantern Street is a 6-unit multifamily investment property located in Dana Point, one of the premier coastal housing markets in Southern California. The unique seaside city of Dana Point is in Orange County, halfway between Los Angeles and San Diego. Dana Point is bordered by the cities of Laguna Niguel, Laguna Beach, San Juan Capistrano, San Clemente, and the Pacific Ocean. Just steps from Pacific Coast Highway, 34001 Violet Lantern Street offers residents convenient access to beaches, boutique shops, and renowned restaurants. The property’s prime location attracts a wide range of renters. Built between 1946 to 1951, 34001 Violet Lantern Street offers investors the opportunity to capitalize on these strong market trends that should increase rental income by approximately 34 percent. Situated on a 0.10-acre lot, the 3,120 square foot property consists of studio, one-, and two-bedroom floor plans and offers on-site laundry.

Additional Information

Tract Number
842
Lot Description
Sidewalks, Street Lights
Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Total Number of Units
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Kurt Hediger from Marcus & Millichap RE Invest

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.