33972 Alcazar Drive, Dana Point, CA 92629

$2,490,000

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Sold Price
$2,490,000
List Price
$2,535,000
Closing Date
Feb 11, 2026
Status
CLOSED
MLS#
PW25271422
Year Built
1972
Lot Size
5,117
Acres
0.12
Lot Location
Rectangular Lot
Days on Market
37
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

This well-maintained 4-unit apartment complex, built in 1972, features significant recent capital improvements, including new HVAC systems (2 units), a refurbished main sewer line and is fully SB721 compliant with new stairs, decks and railings. Select units have received significant upgrades to the interiors all contributing to long-term stability and reduced maintenance risk. With a desirable unit mix dominated by spacious two-bedrooms and projected upside of 29%, this property stands out as a turnkey opportunity with obtainable upside in one of Orange County’s most sought-after coastal markets. Located just minutes from the vibrant Lantern District and the newly revitalized Dana Point Harbor, 33972 Alcazar Drive offers the ideal blend of coastal lifestyle and strong investment appeal. Residents enjoy effortless access to Dana Point’s best entertainment, boutique shopping, acclaimed dining, and year-round outdoor activities from harbor walks and beaches to community festivals and waterfront recreation.

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$126,900
Operating Expense
39854

Listing courtesy of Listing Agent: Rick Applebaum (rma@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by Kevin Tabatabai from Panamerican Mortgage

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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.