$3,375,000 - 33741 Olinda Drive, Dana Point

  • 0Beds
  • Baths
  • 4,845SQ. Feet
  • 0.14Acres

This rare 6-unit trophy property in charming Dana Point underwent roughly $200,000 worth of exterior and interior renovations in 2018. Located near downtown, the property is surrounded by substantial development within the city, which is creating jobs and increased tourism. With two 1-bed/1-bath and four 2-bed/2-bath apartments, plus eight garage spaces, this property is a perfect fit for Dana Point's strong rental market. Tenants pay their own gas and electricity, and a RUBS program has been implemented to help cover water, sewer, and garbage costs. Seller just applied a reflective coating to the roof in November 2020 to help reduce utility costs. This building is turn-key with great tenants - truly a set-it-and-forget-it investment for the long-term. All details provided deemed accurate but not guaranteed, Buyer to verify. See virtual tour link for aerial video.

Sales Agent

Sam SmithBeach Cities Luxury HomesPhone: 949-606-4114Cell: 949-606-4114Contact Agent Now

Essential Information

  • MLS® #:LG21048684
  • Price:$3,375,000
  • Bathrooms:0.00
  • Square Footage:4,845
  • Acres:0.14
  • Year Built:1972
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:33741 Olinda Drive
  • Area:Lantern Village (LT)
  • Subdivision:Other (OTHR)
  • City:Dana Point
  • County:Orange
  • State:CA
  • Zip Code:92629

Amenities

  • Parking Spaces:8
  • # of Garages:8

Interior

  • Appliances:Dishwasher, Microwave, Electric Range
  • Cooling:Central A/C, Electric
  • Stories:Three Or More Levels

Exterior

  • Lot Description:21-25 Units/Acre

Additional Information

  • Date Listed:February 17th, 2021
  • Days on Market:34
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Provided By: Nicholas Brunson(01968901), Nick Brunson, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of April 13th, 2021 at 12:01pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.