33621 Blue Lantern st, Dana Point, CA 92629
Active
$3,495,000
2 Units
6 Beds
6 Baths
3,800 Area(sq.ft.)
Lot: 7,405 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 3 | No | $ 5,150 | $ 5,150 | $ 6,650 |
| Unit 2 | 1 | 3 | 3 | No | $ 4,900 | $ 4,900 | $ 6,500 |
| 2 | 6 | 6 | $ 10,050 | $ 10,050 | $ 13,150 |
| MLS #: | OC25136340MR |
| Days On Market: | 172 |
| Listing Date: | June 17, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 920 |
| Price per unit: | $ 1,747,500 |
| Year Built: | 1977 |
Property Details
Welcome to 33621 Blue Lantern a recently Remodeled and Turnkey, Luxury Duplex in the Heart of Dana Point. The 3,800 square foot structure is situated on a 7,405 square foot lot and comprised of two units, each with the exact same floor plan. Each unit is 1,900 square feet, boasting 3 Bedrooms and 3 Full Bathrooms, equipped with two car garages, plenty of additional driveway parking and great sized backyards. The top unit also has multiple patio/view decks. Each unit has vinyl plank laminate flooring, recessed lighting, dual pane vinyl windows, central Air Conditioning/Heating and a list of newer features which include: appliances, ceiling fans, backsplashes, cabinets, quartz countertops, vanities, showers and baths, exhaust fans, plumbing fixtures, doorhandles and locks, baseboards, washers/dryers and much more. The top unit pays $5,150 per month in rent and the bottom unit pays $4,900 a month in rent currently. Both units have not had rental increases in nearly 4 years of occupancy, leaving potential upside for an investor looking to add value right away. In addition, each Tenant is currently on Month-to-Month leases making the property ideal and flexible for an Owner/User who wants to occupy one unit and rent out the other. The Location is ideal with walking distance to Dana Points Downtown, The Lantern District, Dana Hills High School, Salt Creek and Strands Beach, The Waldorf Astoria Monarch Beach Resort/Spa, Monarch Beach Golf Links, Ritz Carlton, and the Dana Point Harbor which is undergoing nearly $300,000,000 dollar revitalization project with new Restaurants, Retail, Marina and Two - 5 Star Hotels making it the most high end Harbor/Marina in all of California. The possibilities and upside to this property and location are truly endless. You will not want to miss out on this opportunity to own in Dana PointInterested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 38,445 |
| Net Operating Income: | $ 82,155 |
| Actual Gross Rent: | $ 10,050 |
Structure
| Community Features: | Curbs, Dog Park, Golf, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban |
| Sewer: | Public Sewer |
| View Description: | City Lights, Peek-A-Boo |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Central |
| Heating: | Central |
| Laundry: | Dryer, Dryer Included, Gas Or Electric Dryer Hookup, Room, Washer, Washer Hookup, Washer Included |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
Schools
Find a great school for your child
Income
