$1,503,755
$1,450,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 06/07/2021
Key Details
Sold Price $1,503,755
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Palisades (Ps)
MLS Listing ID OC21099103
Sold Date 06/07/21
HOA Y/N No
Year Built 1976
Lot Size 5,227 Sqft
Property Description
An outstanding investment opportunity to own this charming duplex in the desirable Capistrano Beach neighborhood, within the city of Dana Point. Fabulously located just a short walk to the famous Capistrano Beach, nestled between Doheny and Poche beaches, as well as having great access to the 5 freeway and retail shopping opportunities. Both units are two bed, two bath with approximately 1,222 square foot of living space each. Both the upper unit and lower unit have identical, functional floorplans, with open kitchen and living room in the front of the units, and master bed with attached master bath in the rear. Tons of storage within the units. Each unit also comes with its own 2 car garage, which boast tons of additional storage space. Detached garage in the rear. The upper unit has brand new flooring throughout and is freshly painted. The lower unit was renovated in 2010 and has been freshly painted. Property is ready to lease. Pro forma economics are $78,000 EGR at $3,250 a unit per month, with estimated expenses of $16,000 for a proforma NOI of $62,000. Call today to schedule a tour. Tours by appointment only.
Location
State CA
County Orange
Area Cb - Capistrano Beach
Interior
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Driveway Level, Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot, Sprinklers Manual
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 12326147
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Trust
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Bought with Kevin Wong • Primercer Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner