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Listing 8 out of 99
$1,895,000 For Sale

33432 Cheltam Way
Dana Point, CA 92629

4 units | Multi Family Home
14375 sq ft lot - MLS# LG19116775
Property Photo
1/22

Description

33432 Cheltam Way is a 4-unit multifamily investment property located in one of the up and coming premier coastal markets in Southern California- Orange County. The location is close to Dana Point Harbor, Doheny State Beach, 5-Star hotels, restaurants, & Shopping. Close to walking trails, hiking, surfing, sailing, boating and many water sports. The redevelopment of Dana Point city and the Marina creates a great foundation for future property values to increase. Located close to #1 rated Dana Point High School. Easy access to freeways & transportation. All 4-units enjoy views overlooking the peaceful canyon & hill views. The property consists of 2- Three bedroom, (or 2 bd. /den) 2 full baths w/washer/dryer hookups. Along with 2- One bedroom, 1 bath units. All units have 1-car garage and 1 assigned parking space. Three units have been remodeled and upgraded within the last 2 years. The 4th unit is a 10 year long term tenant. Upside potential for increased rents. Seller professionally painted exterior and maintains property with great pride of ownership.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92629
  • Year Built: 1976
  • Subdivision/Neighborhood: Other
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 8.00
  • Fireplace: Living Room, Yes
  • Lot Size: 14375 sq ft lot
  • View: Canyon,City Lights,Hills, Yes
  • Area: DH - Dana Hills
  • Average Studio Area Units: Square Feet
  • Average2Bed Area Units: Square Feet
  • Average3Bed Area Units: Square Feet
  • Building Area Total: 3752.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Street Lights
  • Country: US
  • Directions: Stonehill going south passed Golden Lantern make 1st left
  • Flooring: Carpet, Tile, Vinyl
  • Garage Spaces: 4.00
  • Gardener Expense: 720.00
  • Gross Income: 63989.00
  • Gross Scheduled Income: 89850.00
  • Heating: Forced Air
  • Heating YN: Yes
  • Insurance Expense: 1631.00
  • Laundry Features: See Remarks
  • Laundry YN: Yes
  • Listing Agent License: 00904888
  • Listing Office License: 01778230
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 14375.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 63989.00
  • New Taxes Expense: 21490.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number With Range: 4
  • Operating Expense: 25591.00
  • Parking Features: Assigned, Garage
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 89850.00
  • Total Expenses: 25591.00
  • Trash Expense: 730.00
  • Uncovered Spaces: 4.00
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Sewer Expense: 1020.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Surterre Properties, Therese (Terri) Trinidad

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Dan Scodeller
CA DRE #01915971
949-444-3697
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