33342 Cheltam Way

    Dana Point, CA 92629
    • $1,860,000
    • STATUS: Closed
    • ON SITE: 179 days
    • ID#: PW19115173
    Sold - 09/23/2019
    $1,860,000
    SOLD - 09/23/2019
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,542
      SQFT
    • $410
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    Outstanding Dana Point Four-Plex! This prime investment property is located near Dana Point High School and a short mile from the Harbor, in a high demand residential area. Desirable unit mix with spacious floor plans provides for a steady income stream and low tenant turn-over. Large private backyards and beautiful hill views from each unit, some with a private balcony. All units come with a private garage and a parking space. Washer/dryer hook-ups. Renovations include new exterior paint, double pane windows, roof tune-up, garage doors, yard fencing, landscaping, sprinkler timers, mailboxes, termite fumigation, full rehab in Unit B, newer kitchen in Unit C & D. Stable day one cash flows with strong upside potential. No rent control.

    Sold by General Nonmember of Crmls.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-11T23:28:27.323. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/94908927

    33342 Cheltam Way Dana Point, CA 92629

    • Price: $1,895,000
    • Status: Closed
    • Updated: 57 min ago
    • ID#: PW19115173
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    4,542
    SQFT
    $410
    $/SQFT
    1977
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    DH - Dana Hills
    Property Description
    Outstanding Dana Point Four-Plex! This prime investment property is located near Dana Point High School and a short mile from the Harbor, in a high demand residential area. Desirable unit mix with spacious floor plans provides for a steady income stream and low tenant turn-over. Large private backyards and beautiful hill views from each unit, some with a private balcony. All units come with a private garage and a parking space. Washer/dryer hook-ups. Renovations include new exterior paint, double pane windows, roof tune-up, garage doors, yard fencing, landscaping, sprinkler timers, mailboxes, termite fumigation, full rehab in Unit B, newer kitchen in Unit C & D. Stable day one cash flows with strong upside potential. No rent control.
    Exterior Features

    Architectural Style Cape Cod Fence YN Yes Fencing Wood Foundation Details Slab Garage Spaces 5.00 Lot Features 2-5 Units/AcreBack YardFront YardLandscapedSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Features Direct Garage AccessDrivewayGarageParking Space Parking Total 9.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No View HillsNeighborhoodPark/Greenbelt View YN Yes

    Interior Features

    Appliances DishwasherDisposalGas Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 850 Average2 Bed Area Units Square Feet Average3 Bed Area 1200 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminateTile Heating CentralForced AirNatural Gas Heating YN Yes Interior Features BalconyBuilt-In FeaturesFormica CountersGranite CountersLiving Room Balcony Laundry Features Gas Dryer HookupIn GarageWasher Hookup Levels Two Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 121200.00 Gross Scheduled Income 121200.00 Improvements Amount 100000 Insurance Expense 1800.00 Land Lease YN No Laundry YN Yes Maintenance Expense 3500.00 Net Operating Income 92930.00 New Construction YN No New Taxes Expense 20750.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 28270.00 Property Condition Termite ClearanceTurnkeyUpdated/Remodeled Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Sprinklers YN Yes Subdivision Name Other Other Tenant Pays Cable TvElectricityGas Total Actual Rent 7725.00 Total Expenses 28270.00 Trash Expense 1020.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Franck Bideau of Innovative Financial Resources


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-11T23:28:27.323. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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