33572 Blue Lantern Street, Property Listing: MLS® #PW24227021

33572 Blue Lantern, a charming 4-unit apartment building offering a rare opportunity to invest in one of the most sought-after rental locations within the city. Built in 1971 and situated on a larger lot, offering ample parking space in addition to the (4) garages. The subject property features spacious 2 & 3 bedroom units including 3 of the 4 units being townhouse style layouts. Owned and operated by current ownership for over 50 years, the property has been well-maintained and received many upgrades including newer windows, hot water heater, forced air units, washer & dryer machines and the property was fumigated approximately 1 year ago. Various upgrades to the interiors and a plethora of amenities also enhance their appeal to tenants. With a projected rental upside of 38%, this multifamily gem presents a promising avenue for significant investment returns

33572 Blue Lantern Street, Property Listing: MLS® #PW24227021 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW24227021
  • 33572 Blue Lantern Street
  • , CA 92629
  • $2,585,000
  • 0.22 Acres
  • Office: Morgan Skenderian

33572 Blue Lantern, a charming 4-unit apartment building offering a rare opportunity to invest in one of the most sought-after rental locations within the city. Built in 1971 and situated on a larger lot, offering ample parking space in addition to the (4) garages. The subject property features spacious 2 & 3 bedroom units including 3 of the 4 units being townhouse style layouts. Owned and operated by current ownership for over 50 years, the property has been well-maintained and received many upgrades including newer windows, hot water heater, forced air units, washer & dryer machines and the property was fumigated approximately 1 year ago. Various upgrades to the interiors and a plethora of amenities also enhance their appeal to tenants. With a projected rental upside of 38%, this multifamily gem presents a promising avenue for significant investment returns

Supplemental Remarks

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Essential Information

  • MLS® #PW24227021
  • Listing Price$2,585,000
  • Original Listing Price$2,585,000
  • Date ListedNovember 4th, 2024
  • Days on Market1
  • Bathrooms0.00
  • Acres0.22
  • Lot Sq.Ft.9,583
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$276

Community Information

  • Address33572 Blue Lantern Street
  • AreaOC - DANA POINT (92629)
  • CountyOrange
  • StateCA
  • Zip Code92629

Amenities

  • PoolN/K

Interior

  • HeatingForced Air Unit
  • # of Stories2

Exterior

  • Lot DescriptionCurbs, Sidewalks
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Listing information last updated on November 26th, 2024 at 11:23pm PST.