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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).
Property Type(s):
Multi Family
| Last Updated | 5/20/2025 | Tract | Lantern Village Central (LDC) |
|---|---|---|---|
| Year Built | 1977 | Community | Lantern Village |
| Garage Spaces | 2.0 | County | Orange |
SCHOOLS
| School District | Other |
|---|
Additional Details
| AIR | None |
|---|---|
| AREA | Lantern Village |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Balcony, Bedroom on Main Level, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Main Level Primary |
| LOT | 3964 sq ft |
| LOT DESCRIPTION | Landscaped, Rectangular Lot, Sloped Down |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Lantern Village Central (LDC) |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean |
| WATER | Public |
| ZONING | R-2 |
Location
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Listed with Coorg Realty
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