33771 Copper Lantern St, Dana Point, CA 92629
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33771 Copper Lantern St Dana Point, CA 92629

$1,995,000
  • 4 Beds
  • 4 Baths
  • 2,190 Sq.Ft.
For Sale
$1,995,000 Get Pre-Qualified

Map preview of 33771 Copper Lantern St, Dana Point, CA 92629

Property Overview: 33771 Copper Lantern St Dana Point, CA has 4 bedrooms, 4 bathrooms, 2,190 living square feet and 4,061 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Pleased to present 33771 Copper Lantern, a meticulously crafted triplex, situated in a prime location of Dana Point, CA. Where coastal living meets modern elegance, the subject property offers an exceptional investment opportunity comprised of (1) 2-bedroom/2-bath unit and (2) 1-bedroom/1-bath units, each boasting breathtaking ocean views. Each unit has undergone a complete transformation with high-end finishes and modern design elements, ensuring a seamless blend of sophistication and comfort. Residents can savor the coastal lifestyle in serene outdoor spaces, whether enjoying morning coffee on private balconies or hosting gatherings on the communal patio. Thoughtful landscaping enhances the overall appeal of the property. Don't miss the chance to own this turnkey triplex at 33771 Copper Lantern. Experience the epitome of coastal living with modern luxury, breathtaking ocean views, and timeless charm.

Listed by Rick Applebaum | BRE #01273871 | Morgan Skenderian
Co-listed by Paul Espinosa | BRE #01942627 | Morgan Skenderian
Last checked: 4 minutes ago | Last updated: March 8th, 2024 | Source CRMLS | DOM: 38
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Home details

Lot Sq. Ft
4,061
HOA Dues
$0/mo
Year built
1973
Garage
--
Property Type:
Triplex
Status
Active
MLS#
PW24046734
City
Dana Point
County
Orange
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,350
  • Total Rent: $3,350
  • Pro Forma/Market Rent: $3,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $3,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.73%
  • Gross Rent Multiplier: 18.58
  • Gross Scheduled Income: $107,400
  • Net Operating Income: $74,451
  • Gross Operating Income: $104,178
  • Vacancy Allowance: $3,222
  • Laundry Income: $600
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $29,727
  • Electric: $444
  • Gas/Fuel: $444
  • New Taxes: $22,393
  • Trash: $444
  • Gardener: $600
  • Insurance: $1,553
  • Maintenance: $3,125
  • Water/Sewer: $444
  • Other Expenses: $300
  • Other Expense Description: admin

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Property Details for 33771 Copper Lantern St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Living Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Ocean
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 68226528
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Selva Road and Copper Lantern are the cross streets
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
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Sale History for 33771 Copper Lantern St

Last leased for $3,200 on April 7th, 2024
  • April, 2024

  • Apr 7, 2024

    Date

    Leased

    CRMLS: LG24013673

    $3,200

    Price

  • Jan 22, 2024

    Date

    Active

    CRMLS: LG24013673

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    33771 Copper Lantern Unit A is a beautiful and spacious downstairs unit located in the highly desirable Lantern District of Dana Point, California. This spacious residence features 2 bedrooms, 2 bathrooms, and approximately 1,100 square feet of living space, making it the perfect home for those who desire luxury and comfort in a prime location. As you enter the home, you will be greeted by a spacious living room with large windows that allow plenty of natural light to flood the space. The open floor plan seamlessly connects the living room to the dining area and the updated kitchen, making it the perfect place to entertain guests or enjoy a relaxing night in. This newly remodeled property has been updated with new floors, new paint, and new cabinets, creating a fresh and modern living space. The new floors provide a clean and stylish look, while the new paint creates a bright and inviting atmosphere throughout the home. The new cabinets offer plenty of storage space and a sleek design, making the kitchen and bathrooms feel brand new. With these updates, this property is sure to impress and provide a comfortable and contemporary living experience. Located in the heart of the Lantern District, this home is just minutes away from some of the best beaches, shopping, dining, and entertainment options that Dana Point has to offer.

  • March, 2024

  • Mar 7, 2024

    Date

    Active

    CRMLS: PW24046734

    $1,995,000

    Price

  • July, 2023

  • Jul 12, 2023

    Date

    Leased

    CRMLS: LG23062775

    $3,350

    Price

  • Apr 14, 2023

    Date

    Active

    CRMLS: LG23062775

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    33771 Copper Lantern Unit A is a beautiful and spacious downstairs unit located in the highly desirable Lantern District of Dana Point, California. This stunning residence features 2 bedrooms, 2 bathrooms, and approximately 1,343 square feet of living space, making it the perfect home for those who desire luxury and comfort in a prime location. As you enter the home, you will be greeted by a spacious living room with large windows that allow plenty of natural light to flood the space. The open floor plan seamlessly connects the living room to the dining area and the updated kitchen, making it the perfect place to entertain guests or enjoy a relaxing night in. This newly remodeled property has been updated with new floors, new paint, and new cabinets, creating a fresh and modern living space. The new floors provide a clean and stylish look, while the new paint creates a bright and inviting atmosphere throughout the home. The new cabinets offer plenty of storage space and a sleek design, making the kitchen and bathrooms feel brand new. With these updates, this property is sure to impress and provide a comfortable and contemporary living experience. Located in the heart of the Lantern District, this home is just minutes away from some of the best beaches, shopping, dining, and entertainment options that Dana Point has to offer.

  • February, 2023

  • Feb 2, 2023

    Date

    Expired

    CRMLS: LG22218231

    $2,900

    Price

  • Oct 7, 2022

    Date

    Active

    CRMLS: LG22218231

    $2,900

    Price

  • Listing provided courtesy of CRMLS

    OCEAN VIEW DANA POINT LANTERN STREETS LOCATION NEW REMODEL - This property unit is upstairs with a panoramic ocean view and cool ocean breezes. The interior has been recently updated with a remodeled kitchen, new light fixtures and freshly painted white. In addition to the ocean view from the windows, the open living room floor plan opens to the kitchen. This location is close to downtown Dana Point's upscale restaurants, shops and Dana Point Harbor. In addition, there are walking areas throughout the Dana Point headlands with panoramic ocean views. Salt Creek beach delivers consistent waves for surfing enthusiasts and there is a greenbelt beach park for picnics, etc. Owner pays for trash, sewage

  • December, 2022

  • Dec 1, 2022

    Date

    Leased

    CRMLS: LG22221814

    $2,850

    Price

  • Oct 15, 2022

    Date

    Active

    CRMLS: LG22221814

    $2,900

    Price

  • Listing provided courtesy of CRMLS

    OCEAN VIEW DANA POINT LANTERN STREETS LOCATION NEW REMODEL - This property unit is upstairs with a panoramic ocean view and cool ocean breezes. The interior has been recently updated with a remodeled kitchen, new appliances, new oak wood floors, new light fixtures and freshly painted white. In addition to the ocean view from the windows, the open living room floor plan opens to the kitchen. This location is close to downtown Dana Point's upscale restaurants, shops and Dana Point Harbor. In addition, there are walking areas throughout the Dana Point headlands with panoramic ocean views. Salt Creek beach delivers consistent waves for surfing enthusiasts and there is a greenbelt beach park for picnics, etc.

  • June, 2022

  • Jun 2, 2022

    Date

    Leased

    CRMLS: LG22110375

    $2,750

    Price

  • May 27, 2022

    Date

    Active

    CRMLS: LG22110375

    $2,750

    Price

  • Listing provided courtesy of CRMLS

    This property unit is upstairs with a panoramic ocean view and cool ocean breezes. The interior has been recently updated and freshly painted white. In addition to the ocean view from the windows, the open living room floor plan opens to the kitchen. This location is close to downtown Dana Point's upscale restaurants, shops and Dana Point Harbor. In addition, there are walking areas throughout the Dana Point headlands with panoramic ocean views. Salt Creek beach delivers consistent waves for surfing enthusiasts and there is a greenbelt beach park for picnics, etc.

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Tax History for 33771 Copper Lantern St

Assessed Value (2020): $633,518
Year Land Value Improved Value Assessed Value
2020 $462,468 $171,050 $633,518

Home Value Compared to the Market

This property vs the competition

33771 Copper Lantern St is listed 7.21% lower than the median list price for the city of Dana Point which has a median list price of $2,150,000. The median price per/sqft for Dana Point is $1,055 and this home is listed at $910.96 per/sqft which puts the price per square foot 13.65% lower than the median price per square foot for the city of Dana Point.

About 33771 Copper Lantern St

Detailed summary of property

33771 Copper Lantern St is a triplex located in Dana Point, CA 92629 and is currently for sale. This triplex offers 4 bedrooms, 4 bathrooms, roughly 2,190 living square feet, and sits on an approximately 4,061 square foot lot. 33771 Copper Lantern St was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $1,995,000. The median priced home in Dana Point is $2,150,000 with a median price per square foot of $1,055. Based on Ardent Real Estate Group's Dana Point Market Data, this home is listed 7.21% lower than the median priced home. Local competing homes currently for sale include 233 Costa Mesa St, 186 Del Mar Ave and 222 Costa Mesa St. While the average home in Dana Point, CA is selling in 77 days, 33771 Copper Lantern St has a days on market of 38 days. There are currently 144 homes for sale in the Dana Point real estate market and 98 of them are single family homes while 35 of them are condos and 11 are townhomes. For more information on this home for sale at 33771 Copper Lantern St Dana Point, CA 92629 contact Ardent Real Estate Group and we will put you in touch with one of our Dana Point agents.

Public Facts for 33771 Copper Lantern St

Public county record property details
Beds
--
Baths
--
Year built
1973
Sq. Ft.
2,190
Lot Size
3,963
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
29
APN
682-265-28

The source for these homes facts are from public records.

92629 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,050,000
Median List Price/Sq.Ft.
$1,049
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$929
Total Inventory
105
Median Sale to List Price %
93.75%
Avg Days on Market
25
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (52.38%), Other (19.05%)

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Related Resources to 33771 Copper Lantern St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.