Dana Point Multifamily Properties for Sale

Coastal Harbor Market with Premium Rents and Scarcity Value

Dana Point Multifamily: Coastal Scarcity and Premium Rental Rates

As a local broker, I position Dana Point multifamily as a coastal scarcity play with strong long-term fundamentals. Dana Point Harbor is undergoing a major renovation that will add significant retail, dining, and marine employment to a market that already benefits from the Ritz-Carlton, Waldorf Astoria, and Monarch Beach Resort employment base. The coastal lifestyle and harbor access drive rental demand from high-income tenants who command premium rents.

Dana Point residential income property for sale

Residential income property in the Dana Point market

Multifamily inventory in Dana Point is among the most limited in South Orange County. When income properties come to market, they tend to attract buyers focused on land value, ADU potential, and long-term coastal appreciation rather than current cap rates. 1031 Exchange buyers rotating out of inland or lower-quality assets frequently target Dana Point for its stability and lifestyle premium.

Want to discuss cap rates, zoning, or off-market opportunities in Dana Point? Call or text me directly: 949-430-7500

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Multifamily inventory in Dana Point is often sold via pocket listings before ever hitting the MLS. Off-market access is the difference between finding a deal and watching someone else close it.

Dana Point Multifamily Investment FAQ

What is the rental market like in Dana Point?

Dana Point benefits from a coastal lifestyle premium that supports some of the strongest rents in South OC relative to the size of the rental stock. The harbor, Doheny State Beach, and the concentration of luxury resort employment attract professional and hospitality-sector tenants who are willing to pay for proximity to the water. The Dana Point Harbor renovation is expected to further strengthen local employment and renter demand as new retail and marine amenities come online. Vacancy rates in Dana Point multifamily are structurally low due to the limited supply of income properties relative to demand.

What is house hacking and how does it work in Dana Point?

House hacking is the strategy of purchasing a multifamily property, living in one unit, and renting the others to offset your mortgage. In Dana Point, fourplexes are the most common house hacking vehicle because they qualify for owner-occupied FHA financing, which allows lower down payments than conventional investment loans. The rental income from the other three units can significantly reduce or eliminate the owner's housing cost. FHA loan limits for 4-unit properties in Orange County are updated annually. Contact us for the current figure before running your numbers.

Does Dana Point have rent control?

Dana Point does not have local rent control, but California's AB 1482 statewide rent cap applies to most multifamily properties that are more than 15 years old and not single-family homes or condos. AB 1482 limits annual rent increases to 5% plus local CPI, with a maximum of 10%. Properties built within the last 15 years are exempt. Buyers should review current AB 1482 applicability for any specific property with a real estate attorney before closing, as the rules have nuance around exemptions and just cause eviction requirements.

Are Dana Point multifamily properties good for a 1031 exchange?

Yes, for the right buyer profile. Dana Point multifamily offers a combination of rental demand fundamentals and ADU upside that makes it a credible 1031 exchange destination. The key is identifying properties with genuine value-add potential rather than paying a premium for cap rate compression that has already occurred. Working with an agent who has off-market access is essential in this segment, as the best opportunities rarely hit the public MLS.

Dana Point Multi-Family Properties for Sale

$1,295,000
OC26142403 MLS ⋅ Active Status
Income-producing duplex with additional workspace uniquely positioned on the border of Dana Point and Capistrano Beach! Situated in a great location just minutes from Dana Point Harbor and local beaches, 34244 Via Santa Rosa presents a rare investment opportunity with multiple income possibilities. The property features two 1-bedroom, 1-bathroom units, including one beautifully remodeled residence with modern finishes and updated interiors. Adding to its versatility is a separate third unit that has been converted into a workspace/studio complete with its own bathroom and kitchenette, ideal for a home office, creative studio, workshop, or additional rental potential (buyer to verify permitted use). The exterior has been freshly painted and thoughtfully updated with tasteful modern finishes, creating excellent curb appeal and a clean, contemporary look. 4 Private off-street parking spaces, low-maintenance grounds, and a desirable coastal location further enhance the property's long-term investment value. Whether you're looking to expand your portfolio with an income-producing property or capitalize on the property's flexible-use potential, this is an exceptional opportunity in one of South Orange County's most sought-after coastal communities.

34244 Via Santa Rosa, Dana Point
$1,595,000
OC26142962 MLS ⋅ Active Status
Tucked along one of Capistrano Beach's quiet interior streets, this vintage duplex offers a rare opportunity to own a classic coastal income property surrounded by the established character that has made this neighborhood so enduringly desirable. Framed by mature eucalyptus trees and set within a peaceful residential setting, the property reflects the timeless appeal of one of South Orange County's most sought after coastal communities. The duplex features two 2 bedroom, 1 bath residences, each with a single car garage. The front residence has had some updates over the years while maintaining its welcoming character. The rear residence remains largely in its original condition, presenting an opportunity for future improvements, and enjoys the added benefit of a spacious private backyard. Both residences are currently occupied by long term tenants, providing immediate rental income while offering flexibility for future plans. The property will be sold As-Is. Whether you're looking to expand an investment portfolio, preserve a classic coastal property, or thoughtfully renovate over time, this duplex presents a variety of possibilities in an exceptional location. Capistrano Beach continues to be one of the area's most beloved coastal neighborhoods, known for its relaxed atmosphere, tree lined streets, and convenient access to the best of Southern California's coastal lifestyle. Beaches, Dana Point Harbor, restaurants, shopping, parks, and scenic coastal trails are all just minutes away, while nearby freeway access provides convenient connections throughout Orange County. Offered in its present condition, this is an opportunity to invest in a property with enduring character, dependable tenancy, and outstanding long term potential in one of the coast's most sought after communities.

34528 Via Verde, Dana Point
$2,550,000
PW26147427 MLS ⋅ Active Status
We are pleased to present a rare 4-unit coastal investment opportunity located in the heart of Dana Point. The property consists of two one-bedroom units and two two-bedroom units, offering a desirable unit mix in one of Southern California’s most sought-after beach communities. Select units feature highly coveted outdoor living amenities, including an ocean-view unit and a spacious private patio, providing residents with a premium coastal living experience. The property offers investors meaningful rental upside through the continued repositioning of rents to market levels. Situated within a high-barrier-to-entry coastal submarket characterized by limited multifamily inventory, strong demand, and historically high occupancy, Alcazar Avenue presents a compelling opportunity to capture significant future income growth and long-term appreciation.

33872 Alcazar, Dana Point
$4,950,000
LG26100734 MLS ⋅ Active Status
NEW LISTING AND SELLER MOTIVATED! Panoramic Ocean Views from this updated OCEANFRONT Duplex with a heated Pool and direct beach access to the sand on 24-hour Guard-Gated Beach Road. Situated on one of the larger lots in this exclusive community with over 8,276 sq.ft. Completely Remodeled 6 bedroom Pool home features high-end finishes, is fully furnished, and accommodates 13 guests comfortably (Upper 3 Bdrm + 2 Bath with Ocean View Deck rents for $20k/mo ($5,000-5,500 weekly with current short-term permit) and the Lower 3 Bdrm + 3 Baths with a Pool at rents for $11-15k/mo - making this 6 Bdrm + 5 Bath Beach a property that can be rented together or separately, generating up to $35,000+/mo. The nicely equipped and updated kitchens both have casual bar seating and are open to great room/living spaces with ample entertaining areas and sweeping ocean views. All six bedrooms are beautifully furnished, and baths all include a walk-in shower or tub/shower combination; there is convenient inside laundry for each unit. Enjoy a morning or evening walk along the sand, or step out to your private, Heated Pool with an Oceanfront Cabana. Hallmarks of the Beach Road community in Capistrano Beach include beachfront living and 24-hour gated entry with an attendant. Within a short bike ride are Dana Point Harbor and Lantern District shops and restaurants - currently undergoing a total revitalization - or venture just north of Dana Point to neighboring Laguna Beach with its world-renowned festivals, art galleries, shops, and restaurants! Property features direct beach access down private stairs. The expansive lot and multi-family zoning provide for a two-family compound investment, live in one and rent the other, or rent both units for lucrative passive investment opportunities!

35091 Beach Road, Dana Point
$9,995,500
LG26055865 MLS ⋅ Active Status
Incredible Investment Opportunity! The Palisades Apartments are comprised of 15 units in cottage-style clusters and sits on an acre of prime real estate perched along the coastal blufftops between the luxurious revitalized Dana Point Harbor and the San Clemente Pier. These well-maintained single-story units offer stable income and feature a mix of one and two bedroom units with private patios. Tenants enjoy substantial parking with a blend of carports with storage cabinets, garages and perimeter parking. Some units include interior W&D systems and there is also a community on-site laundry room. The owner made a significant investment by just completing construction of a new electric service line with new individual meters and sub-panels. This beautiful coastal community is centrally located to multiple transit systems including the 5 FWY, Pacific Coast Hwy, Amtrak & Metrolink Trains, the Dana Point & San Clemente trolly systems and local parks and award-winning schools.

35322 Camino Capistrano, Dana Point
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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.