34001 Violet Lantern Street

  • Dana Point

  • $1,850,000
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Residential Income Details

Description
34001 Violet Lantern Street is a 6-unit multifamily investment property located in Dana Point, one of the premier coastal housing markets in Southern California. The unique seaside city of Dana Point is in Orange County, halfway between Los Angeles and San Diego. Dana Point is bordered by the cities of Laguna Niguel, Laguna Beach, San Juan Capistrano, San Clemente, and the Pacific Ocean. Just steps from Pacific Coast Highway, 34001 Violet Lantern Street offers residents convenient access to beaches, boutique shops, and renowned restaurants. The property’s prime location attracts a wide range of renters. Built between 1946 to 1951, 34001 Violet Lantern Street offers investors the opportunity to capitalize on these strong market trends that should increase rental income by approximately 34 percent. Situated on a 0.10-acre lot, the 3,120 square foot property consists of one- and two-bedroom floor plans and offers on-site laundry.
Essential
MLS #OC18247614
Price$1,850,000
Number of Units6
Sale TypeStandard
StatusActive
Listing BrokerageMarcus & Millichap RE Invest
Listing AgentTyler Leeson
Listing Agent BRE #01451551
Co-Listing AgentKurt Hediger
Co-Listing Agent BRE #01846649
Interior
Exterior
Garage Spaces0
PoolNone
Community
AreaLT - Lantern Village
TractLantern Village South (LDS)
CommunitySidewalks
Address34001 Violet Lantern Street
CityDana Point
CountyOrange
StateCA
ZipCode92629
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, October 11, 2018. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.