33771 Copper Lantern St

Dana Point, CA 92629

$2,240,000
Last Sold Price
4
Beds
4
Baths
2,190 Sq. Ft.
$1,023 / Sq. Ft.
2,190
Sq. Ft.
$1,023
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 8/6/25
Closed 8/6/25

Description

33771 Copper Lantern is a rare turnkey triplex located in the heart of Dana Point’s desirable Lantern District, just minutes from the harbor, beaches, shopping, and dining. This exceptional coastal investment opportunity features one 2-bedroom, 2-bath unit and two 1-bedroom, 1-bath units each offering stunning ocean views from the living room. All units have been thoughtfully upgraded over the years to blend modern comfort with timeless coastal charm. Recent improvements include new laminate flooring...33771 Copper Lantern is a rare turnkey triplex located in the heart of Dana Point’s desirable Lantern District, just minutes from the harbor, beaches, shopping, and dining. This exceptional coastal investment opportunity features one 2-bedroom, 2-bath unit and two 1-bedroom, 1-bath units each offering stunning ocean views from the living room. All units have been thoughtfully upgraded over the years to blend modern comfort with timeless coastal charm. Recent improvements include new laminate flooring in Unit B, new garage doors and openers, a new repaved parking spots and driveway, fresh exterior paint, and drought resistant, low-maintenance landscaping. The property also offers outdoor spaces, on-site laundry, and a dedicated storage room. For added value, there is potential to convert one garage space and the storage area into an ADU. Subject to city approval. Located within walking distance to Dana Point Harbor, currently undergoing a major redevelopment with Phase 1 scheduled for completion in July 2025 this property presents a compelling opportunity for both investors and owner-occupants seeking income potential and long-term appreciation in one of Southern California’s premier coastal communities.
  1. Listed by Dee Shiohama • DRE #01720465 • Brokerage DRE #01317331 • Berkshire Hathaway HomeService • 949-322-4225
  2. Listed by Larry Shiohama • DRE #02011619 • Brokerage DRE #01317331 • Berkshire Hathaway HomeService

Property Details for 33771 Copper Lantern Street

View
City Lights, Ocean
Parking Spaces Total
6
Private Pool
No
Cooling Type
None
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2190
LISTING UPDATED: 08/06/2025 07:53 AM

Property Details for 33771 Copper Lantern Street

StatusClosed
MLS #NP25153071
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1973
Lot Size0.13 AC / 5,619 SF
CountyOrange County
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Location

Listing Courtesy of Berkshire Hathaway HomeService, Dee Shiohama, DRE #01720465; Berkshire Hathaway HomeService, Larry Shiohama, DRE #02011619

Sold By Compass, Mitchel Bohi, DRE #02043345

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Building Information for 33771 Copper Lantern Street

Stories2Residences-Year Built1973Building Size-Lot Size0.13 AC / 5,619 SF

Payment Calculator

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$13,025 per month

30 year fixed, 6.36% Interest

Principal and Interest

$11,162

Property Taxes

$1,863

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 33771 Copper Lantern Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $124,200
  • Gross Scheduled Income: $124,200
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $123,000
  • Net Operating Income: $118,129
  • Laundry Income: $1,200
  • Gross Multiplier: 19.28
  • Cap Rate: 4.93
  • Financing: Cash
Expense Details
  • Operating Expense: $6,071
  • Electric Expense: $1,313
  • Insurance Expense: $2,102
  • Other Expense: $679
  • Other Expense Description: Gas
  • Trash Expense: $869
  • Water Sewer Expense: $1,108
  • Total Expenses: $6,071
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 857
  • Tax Census Tract: 423.13
  • CFD/Mello-Roos Fee: $2,703
  • Tax Lot: 29
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Equipment: Dishwasher, Laundry Area, Microwave
  • Interior Features: Ceiling Fan(s)
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Central, Wall Furnace
  • Heating: Central, Wall Furnace
  • Flooring Type: Laminate, Tile
  • Flooring: Laminate, Tile
Exterior Features
  • Entry Location: 1
  • View Description: City Lights, Ocean
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $43,800
  • Unit Type Pro Forma: 3650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $39,600
  • Unit Type Pro Forma: 3330
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $39,600
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 1
  • Number With Disposal: 3

Property History for 33771 Copper Lantern Street

DateEvent & SourcePriceAppreciation
Aug 6, 2025

Sold

CRMLS #NP25153071

$2,240,000—
Aug 6, 2025

Sold

CLAW #NP25153071MR

$2,240,000—
Aug 6, 2025

Sold

SDMLS #NP25153071

$2,240,000—
DateEvent & SourcePrice
08/06/2025

Sold

CRMLS #NP25153071

$2,240,000
08/06/2025

Sold

CLAW #NP25153071MR

$2,240,000
08/06/2025

Sold

SDMLS #NP25153071

$2,240,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 33771 Copper Lantern Street

Taxable ValueLand$1,820,790Additions$129,210Total$1,950,000
Tax Record2025$22,358 ($1,863 / month)
Home Facts
Total Finished SqFt2,190 SqFtAbove Grade Finished SqFt2,190 SqFtLot Size4,061 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973CountyORANGEAPN682-265-28

Schools near 33771 Copper Lantern Street

This home is within Capistrano Unified School District.
Rating
School
Type
Grades
Distance
Richard Henry Dana Elementary School
Public - K to 5
Marco Forster Middle School
Public - 6 to 8
Dana Hills High School
Public - 9 to 12
Richard Henry Dana Exceptional Needs School
Public - K to 6
Rating
School
Distance
Richard Henry Dana Elementary School
PublicK to 5

Marco Forster Middle School
Public6 to 8

Dana Hills High School
Public9 to 12

Richard Henry Dana Exceptional Needs School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeService, Dee Shiohama, DRE #01720465; Berkshire Hathaway HomeService, Larry Shiohama, DRE #02011619

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.