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33741 Olinda DR Dana Point, CA 92629
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Key Details
Sold Price $3,000,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID LG21048684
Sold Date 08/09/21
HOA Y/N No
Year Built 1972
Lot Size 6,098 Sqft
Property Description
This rare 6-unit trophy property in charming Dana Point underwent roughly $200,000 worth of exterior and interior renovations in 2018. Located near downtown, the property is surrounded by substantial development within the city, which is creating jobs and increased tourism. With two 1-bed/1-bath and four 2-bed/2-bath apartments, plus eight garage spaces, this property is a perfect fit for Dana Point's strong rental market. Tenants pay their own gas and electricity, and a RUBS program has been implemented to help cover water, sewer, and garbage costs. Seller just applied a reflective coating to the roof in November 2020 to help reduce utility costs. This building is turn-key with great tenants - truly a set-it-and-forget-it investment for the long-term. All details provided deemed accurate but not guaranteed, Buyer to verify. See virtual tour link for aerial video.
Location
State CA
County Orange
Area Lt - Lantern Village
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Balcony
Laundry Location Common Area
Cooling Central Air, Electric
Fireplace No
Appliance Dishwasher, Electric Range, Microwave
Laundry Common Area
Exterior
Garage Garage
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Biking, Golf, Hiking, Park, Sidewalks
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
Parking Type Garage
Total Parking Spaces 8
Private Pool No
Building
Lot Description 21-25 Units/Acre
Story Three Or More
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 68211353
Energy Description 540.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Nicholas Brunson • Interface Realty
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