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This rare "Street to Street" 4-unit Plus SFR ADU property in Dana Point is located on Ruby Lantern and Granada in the highly desirable downtown Lantern District. NO ONE ABOVE OR BELOW ANY OF THE UNITS! There are 6 beds and 5 baths on one parcel. The property will benefit from the Dana Point Revitalization program and substantial city development. This property perfectly fits Dana Point's rental solid market with four 1-bed/1-bath, a detached Guest Home 2-bed/1-bath, 5 garage spaces, and driveway parking for each unit. All but one of the Tenants pay their own gas and electricity, and this building is turn-key with great tenants - indeed a set-it-and-forget-it long-term investment—coin-op laundry on site. Light, bright, expansive interior courtyard, hardwood floors, Dual pane windows, beach close, and potential rent increases exist.
Last Updated | 8/3/2024 | Tract | ,other |
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Year Built | 1958 | Community | Lantern Village |
Garage Spaces | 4.0 | County | Orange |
Price History
Prior to Aug 3, '24 | $3,500,000 |
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Aug 3, '24 - Today | $3,300,000 |
Additional Details
AIR | None |
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APPLIANCES | Free-Standing Range, Gas Cooktop, Gas Range, Gas Water Heater, Water Heater |
AREA | Lantern Village |
CONSTRUCTION | Drywall, Stucco |
EXTERIOR | Rain Gutters |
GARAGE | Concrete, Door-Single, Driveway, Garage, Garage Faces Front, Yes |
HEAT | Wall Furnace |
HOA DUES | 0 |
INTERIOR | Granite Counters, High Ceilings, Main Level Primary, Tile Counters, Unfurnished |
LOT | 5789 sq ft |
LOT DESCRIPTION | Front Yard |
PARKING | Concrete,Door-Single,Driveway,Garage Faces Front,Garage |
POOL DESCRIPTION | None |
SEWER | Unknown |
STORIES | 1 |
STYLE | Spanish |
SUBDIVISION | ,other |
UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Standard |
VIEW | Yes |
VIEW DESCRIPTION | Neighborhood,Peek-A-Boo |
WATER | Public |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Ocean Side Of Freeway |
ZONING | R4 |
Location
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