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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,595,000

Est. payment | -/mo

5 Beds

4 Baths

0.3 Acres Lot

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$ 2,595,000

Est. payment | -/mo

Save

5 Beds

4 Baths

0.3 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26105826

Bedrooms 5

Lot Size 0.302 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

33372 Cheltam Way presents a rare four-unit investment opportunity in the highly desirable coastal community of Dana Point. Built in 1977, this property offers spacious units, each exceeding 1,000 square feet. The units are thoughtfully designed with tenant comfort in mind, offering washer and dryer hookups, private patios or balconies, and cozy fireplaces. Each residence is also assigned one garage parking space along with an additional open space, adding convenience and value. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. With solid fundamentals and clear upside potential, 33372 Cheltam Way represents an excellent value-add opportunity for investors seeking to enhance rents and maximize returns. The motivated seller further strengthens the appeal of this offering, making it a compelling acquisition in one of Southern Californias most sought-after rental markets.

Location

State CA

County Orange

Zoning Public Rec

Direction North of Stonehill Drive and East of Golden Lantern Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 93947090

Listed by Michael Arp, DRE#01488586 Morgan Skenderian

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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33372 Cheltam Way Dana Point, CA 92629