34071 El Encanto Avenue, Dana Point, CA 92629

$1,750,000

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Sold Price
$1,750,000
List Price
$1,775,000
Closing Date
Sep 29, 2023
Status
CLOSED
MLS#
OC23107421
Year Built
1977
Lot Size
4,487
Acres
0.10
Lot Location
Front Yard
Days on Market
57
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Lantern Bay Villas (Lv)

Property Description

Amazing Duplex available in Dana Point - close to the Harbor and has tremendous earnings potential. Only two blocks off of PCH, it has 3,850 SF of living space. Each unit is approximately 1,925 SF with three bedrooms and two baths and both units have upper decks that are perfect for outdoor entertaining. The property has been continuously rented for five years with rates going up consistently and tenants love living there for the size and value that they get for their money. This is a perfect property for living there and renting out the second unit, or purchasing it as an investment. It delivers terrific returns in a great location.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Forced Air
Cooling Description
None
Garage Spaces Total
2
Sewer
Sewer Tap Paid
Water
Public
Interior Features
Balcony, All Bedrooms Up
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$81,000
Operating Expense
30121

Listing courtesy of Listing Agent: Patrick Dailey (patrickdailey51@gmail.com) from Listing Office: Realty One Group West.

Listing sold by Elicia Hartanov from Berkshire Hathaway HomeServic

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Calculator source: Real Geeks

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.