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$ 2,595,000
Est. payment | /mo
5 Beds
4 Baths
0.3 Acres Lot
$ 2,595,000
Est. payment | /mo
5 Beds
4 Baths
0.3 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26105826
Bedrooms 5
Lot Size 0.302 Acres
Property Sub-Type Res Income 2-4 Units
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 Californias most sought-after rental markets.
Location
State CA
County Orange
Zoning Public Rec
Direction North of Stonehill Drive and East of Golden Lantern Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 93947090
Listed by Michael Arp, DRE#01488586 Morgan Skenderian
NEARBY SCHOOL & BUSINESS
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