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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!
Property Type(s):
Residential Income
| Last Updated | 1/14/2025 | Tract | n/a |
|---|---|---|---|
| Year Built | 1983 | Community | Capistrano Beach |
| Garage Spaces | 4.0 | County | Orange |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Capistrano Beach |
| EXTERIOR | Fire Pit |
| FIREPLACE | Yes |
| GARAGE | Covered, Driveway, Garage, RV Access/Parking, Shared Driveway, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Balcony, Open Floorplan, Primary Suite, Quartz Counters, Recessed Lighting |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Covered,Driveway,Garage,RV Access/Parking,Shared Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | n/a |
| VIEW | Yes |
| VIEW DESCRIPTION | Coastline,Harbor,Ocean,Water |
| WATER | Public |
Location
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Listed with Coldwell Banker Realty
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