$2,151,000
$2,100,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
3,752 SqFt
SOLD DATE : 07/18/2024
Key Details
Sold Price $2,151,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,752 sqft
Price per Sqft $573
MLS Listing ID 24406727
Sold Date 07/18/24
Bedrooms 6
HOA Y/N No
Year Built 1976
Lot Size 0.590 Acres
Acres 0.59
Property Description
Cheltam Apartments offers a prime value-add investment opportunity in the coveted coastal community of Dana Point, CA. Situated on a massive 25,700 square foot lot with ADU potential, this four-unit multifamily property includes two one-bedroom units and two two-bedroom units, all recently renovated with modern amenities. The property's desirable location, combined with below-market current rents, provides substantial upside potential through strategic property enhancements and rent optimization. With 8 surface parking spaces and 4 garages, Cheltam Apartments appeals to a broad tenant base, attracting young professionals, families, and retirees, ensuring robust demand for rental properties.
Location
State CA
County Orange
Area Dh - Dana Hills
Interior
Heating Radiant
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Garage Private, One Space
Parking Type Private, One Space
Total Parking Spaces 12
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
School District Capistrano Unified
Others
Senior Community No
Tax ID 67323110
Special Listing Condition Standard
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Bought with Ryan Zhou • GoGo Realtors R.H. Corp
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "