Dana Point, CA 92629,34202 Pacific Coast
Dana Point, CA 92629,34202 Pacific Coast
Dana Point, CA 92629,34202 Pacific Coast
Dana Point, CA 92629,34202 Pacific Coast
Dana Point, CA 92629,34202 Pacific Coast
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$1,750,000

$1,995,000

12.3%
Est.Price: ?

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Est. payment /mo

5,174 Sqft Lot


SOLD DATE : 09/02/2022

Key Details

Sold Price $1,750,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22172179

Sold Date 09/02/22

HOA Y/N No

Year Built 1962

Annual Tax Amount $20,165

Lot Size 5,174 Sqft

Property Description

34202 Pacific Coast Highway is a mixed-use property with frontage along the world famous Pacific Coast Highway. Ideally located within minutes of everything that Dana Point has to offer, the property consists of two residential units* and three retail spaces. (*Note: the residential units are currently operated as a combined 3-bedroom house, but can easily be converted back to two separate apartments). Residential tenants enjoy a direct-access 2-car garage, while the retail units have four on-site parking spaces, and street parking. Recent upgrades include new water heaters and electric subpanels in the two residential units. The property has been family owned and operated for over 30 years. Most tenants are also exceptionally long-term, and rents are currently well below market. The residential units and the middle retail space are on month-to-month agreements; the e-bike shop and hair salon are on leases through march 31, 2023. Located in Dana Point's Town Center Plan - adopted to establish a framework of public improvements to support private reinvestment and development - the property is positioned to take advantage of substantial upside in rents. Read more about the Town Center Plan Here:

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Heating Forced Air

Fireplace No

Laundry None

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 68229310

Energy Description 766.0

Acceptable Financing Cash to Existing Loan

Listing Terms Cash to Existing Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Damien Breaux • Morgan Skenderian
Bought with Jay Skenderian • Morgan Skenderian
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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