We are pleased to present a rare 4-unit coastal investment opportunity located in the heart of Dana Point. The property consists of two one-bedroom units and two two-bedroom units, offering a desirable unit mix in one of Southern California’s most sought-after beach communities. Select units feature highly coveted outdoor living… Read More amenities, including an ocean-view unit and a spacious private patio, providing residents with a premium coastal living experience. The property offers investors meaningful rental upside through the continued repositioning of rents to market levels. Situated within a high-barrier-to-entry coastal submarket characterized by limited multifamily inventory, strong demand, and historically high occupancy, Alcazar Avenue presents a compelling opportunity to capture significant future income growth and long-term appreciation. Read Less
Listing Snapshot
Days Online
18
Last Updated
Property Type
Apartment
Lot Size
0.1 Acres
Year Built
1973
MLS Number
PW26147427
Additional Details
Building
Built in 1973, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Operating: $39,972
Garage
4 spaces
Income
Gross Income: $100,007, Gross ScheduledIncome: $103,100, Net Operating Income: $60,035
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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