33951 Silver Lantern Street, Dana Point, CA 92629

$3,695,000 Approx. USD 0 beds, 0 baths
8,817 sqft

Agent Remarks

The Silver Lantern Apartments is prime located and exceptionally rare opportunity to own a mid-size apartment complex in the city of Dana Point which is currently engaged in a major revitalization. Projects such as the Town Center Development and Harbor Revitalization figure to drastically improve values of Real Estate and rental rates. Originally configured to operate as (6) 1BR/1BA's, (1) 2BR/1BA & (5) 2BR/2BA units. Each 2BR/2BA unit is being sub-leased as a Studio and a 1BR/1BA making the building function like 17 units. No modifications have been made to the property. An interior bedroom door has been locked to separate the units allowing an owner to easily change the units back to 2BR/2BA units with no extra costs. The property contains an onsite laundry facility, carport parking & storage for the tenants. The building is individually metered for Gas & Electric. It’s walking distance to the Town Center and Dana Point Harbor and minutes to Doheny State Beach.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# PW15187926
List price is $3,695,000 Reduced by $30,000 on 1/26/2016
Beds: 0
Baths: 0
Built in 1960
8,817 sqft
2 stories
0.31 acres
Lot size: 13823.000
County: Orange
Parking description: Carport,Uncovered
MLS area: LT - Lantern Village

Last Updated: 8/4/2016

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This listing belongs to the LT - Lantern Village MLS area

Lat/Long: 33.469619, -117.696800.
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Broker: Courtesy of Morgan Skenderian
Listing Agent: Rick Applebaum

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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