33372 Cheltam Way, Dana Point, CA 92629
- $2,150,000
- Sold Price
- $2,150,000
- List Price
- $2,595,000
- Closing Date
- Aug 21, 2026
- Status
- CLOSED
- MLS#
- PW26105826
- Year Built
- 1977
- Lot Size
- 13,144
- Acres
- 0.30
- Days on Market
- 28
- Property Type
- Multifamily
- Property Sub Type
- Condominium
- Neighborhood
- Other
Property Description
33372 Cheltam Way presents a rare four-unit investment opportunity in the highly desirable coastal community of Dana Point. Built in 1977, this property offers spacious units, each exceeding 1,000 square feet. The units are thoughtfully designed with tenant comfort in mind, offering washer and dryer hookups, private patios or balconies, and cozy fireplaces. Each residence is also assigned one garage parking space along with an additional open space, adding convenience and value. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. With solid fundamentals and clear upside potential, 33372 Cheltam Way represents an excellent value-add opportunity for investors seeking to enhance rents and maximize returns. The motivated seller further strengthens the appeal of this offering, making it a compelling acquisition in one of Southern California’s most sought-after rental markets.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $127,200
- Operating Expense
- 44475
Listing courtesy of Listing Agent: Michael Arp (mike@morganskenderian.com) from Listing Office: Morgan Skenderian.
Listing sold by Cullen McKeown from Coldwell Banker Realty
Mortgage Calculator
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.