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
Property Details
Property Features
Property Information:
Year Built: 1971
Stories: 2
Listing Office:
Office Name: Morgan Skenderian
Office Email: rma@morganskenderian.com
Listing Agent: Rick Applebaum
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Range, Microwave, Water Heater
Flooring Type: Tile, Vinyl
Interior: Ceiling Fan(s), Stone Counters
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Garage Space: 4 spaces
Lot Features
Lot Information:
Lot: Front Yard, Landscaped, Sprinklers
Lot Size: 0.22 Acres
Utilities
Utilities Information:
Heating: Forced Air
Other
Directions Information:
Directions: South of Stonehill Drive and west of Golden Lantern
Price Information
Listing Price Info
Price Summary:
List Price: $2,585,000
Tax Information:
Annual Amount: $1,769
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Dana Point, CA.
This property is $900.1K more than the Median Sold Price in Dana Point, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW24227021
Listing Office:
Office Name: Morgan Skenderian
Office Email: rma@morganskenderian.com
Listing Agent: Rick Applebaum
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/14/2024, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,769
$172,056
2020
$1,752
$170,292
2019
$1,685
$166,953
2018
$1,685
$163,680
2017
$1,652
$160,471
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
R. H. Dana Language & Science Academy
24242 La Cresta Dr
Distance between this listing and this school0.54 miles
Public District Grades PK-5
9
/10
John S. Malcom Elementary School
32261 Charles Rd
Distance between this listing and this school1.42 miles
Public District Grades PK-5
6
/10
Del Obispo Elementary School
25591 Camino Del Avion
Distance between this listing and this school1.57 miles
Public District Grades KG-5
Nearby Schools
7
/10
Marco Forster Middle School
25601 Camino Del Avion
Distance between this listing and this school1.62 miles
Public District Grades 6-8
9
/10
Capistrano Home/Virtual
32972 Calle Perfecto
Distance between this listing and this school1.92 miles
Public District Grades KG-8
7
/10
Community Roots Academy
29292 Crown Valley Pkwy
Distance between this listing and this school4.22 miles
Public Charter Grades KG-8
Nearby Schools
8
/10
Dana Hills High School
33333 Golden Lantern St
Distance between this listing and this school0.24 miles
Public District Grades 9-12
5
/10
California Connections Academy Southern California
33272 Valle Rd
Distance between this listing and this school1.84 miles
Public Charter Grades KG-12
9
/10
California Preparatory Academy
32972 Calle Perfecto
Distance between this listing and this school1.90 miles
The neighbors living near this home have an average income of $101,538. Typical income of Dana Point, CA residents is between $100k-200k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
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This home is located at 33572 Blue Lantern St in Dana Point, CA and zip code 92629. This home, which was built in 1971, sits on a 0.22 acre lot. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $2,585,000.
While more than 8 listings in Dana Point, CA in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 14 were sold below. In October 2024 in Dana Point, CA there were 7.5% more homes for sale than in September 2024. While the average time on the market in October 2024 was 41 days, the median list price was $1,684,875.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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