REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS
33951 Silver Lantern Street, Dana Point

Sold

33951 Silver Lantern Street sold on November 9, 2016 for $3,695,000. The details are below for reference.

$3,695,000

33951 Silver Lantern Street Dana Point, CA 92629

Residential IncomeSold

8,817SqFt
$419$/SqFt
1960Built

About 33951 Silver Lantern Street

The Silver Lantern Apartments is prime located and exceptionally rare opportunity to own a mid-size apartment complex in the city of Dana Point which is currently engaged in a major revitalization. Projects such as the Town Center Development and Harbor Revitalization figure to drastically improve values of Real Estate and rental rates. Originally configured to operate as (6) 1BR/1BA's, (1) 2BR/1BA & (5) 2BR/2BA units. Each 2BR/2BA unit is being sub-leased as a Studio and a 1BR/1BA making the building function like 17 units. No modifications have been made to the property. An interior bedroom door has been locked to separate the units allowing an owner to easily change the units back to 2BR/2BA units with no extra costs. The property contains an onsite laundry facility, carport parking & storage for the tenants. The building is individually metered for Gas & Electric. It’s walking distance to the Town Center and Dana Point Harbor and minutes to Doheny State Beach.

33951 Silver Lantern Street, Dana Point

Price
$3,695,000
Days On Site
N/A
Bedrooms
N/A
Inside Area (SqFt)
8,817 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1960
MLS® Number
PW15187926
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

General Features

MLS Number
PW15187926
Year Built
1960
Lot Size (sq ft)
13,823
Lot Size (acres)
0.317
Levels
Two
Parking Spaces
14
Parcel Number
68225119
On Market Date
2016-01-14
Listing Terms
Standard

Interior Features

Common Walls
One Common Wall

Exterior Features

Lot Features
Eleven To Fifteen Units Acre
Parking
Carport, Uncovered
Pool Features
None
Water
Public
Utilities
Sewer Available
Units
17

Community Features

Community Features
Curbs, Sidewalks

Property Details for 33951 Silver Lantern Street

This home sits in Dana Point in Orange County. It offers 8,817 square feet of living space. The home was built in 1960. The MLS record lists the assessor parcel number as 682-251-19. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Property History

33951 Silver Lantern Street was listed for sale on January 14, 2016 at $3,750,000.

About Dana Point

Dana Point sits on the Pacific coast in south Orange County, between Laguna Beach and San Clemente, anchored by Dana Point Harbor and bluff-top headlands above Doheny State Beach, Salt Creek Beach, and Strands Beach. Its Lantern District carries street names like Blue Lantern and Violet Lantern, within the Capistrano Unified School District.

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Listed by Rick Applebaum of Morgan Skenderian

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