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$2,595,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26105826
HOA Y/N No
Year Built 1977
Lot Size 0.302 Acres
Property Sub-Type Condominium
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.
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.
Location
State CA
County Orange
Area Dh - Dana Hills
Interior
Interior Features Balcony, Ceiling Fan(s)
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Dog Park, Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 93947090
Energy Description 1050.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Michael Arp Morgan Skenderian 714 262-8992, DRE #01488586