33472 Cheltam Way, Dana Point, CA 92629
- $2,151,000
- 6
- BD
- 6
- BA
- 3,752
- SqFt
- Sold Price
- $2,151,000
- List Price
- $2,100,000
- Closing Date
- Jul 18, 2024
- Status
- CLOSED
- MLS#
- 24406727
- Year Built
- 1976
- Bedrooms
- 6
- Bathrooms
- 6
- Living Sq. Ft
- 3,752
- Lot Size
- 25,700
- Acres
- 0.59
- Days on Market
- 6
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Cheltam Apartments offers a prime value-add investment opportunity in the coveted coastal community of Dana Point, CA. Situated on a massive 25,700 square foot lot with ADU potential, this four-unit multifamily property includes two one-bedroom units and two two-bedroom units, all recently renovated with modern amenities. The property's desirable location, combined with below-market current rents, provides substantial upside potential through strategic property enhancements and rent optimization. With 8 surface parking spaces and 4 garages, Cheltam Apartments appeals to a broad tenant base, attracting young professionals, families, and retirees, ensuring robust demand for rental properties.
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Additional Information
- Appliances
- Refrigerator
- Heat
- Radiant
- Cooling Description
- None
- School District
- Capistrano Unified
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Cory Bergamini (cory@coarpm.com) from Listing Office: COAR Advisors.
Listing sold by Ryan Zhou from GoGo Realtors R.H. Corp
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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.