34081 El Encanto Avenue, Unit B

Dana Point, CA 92629

$1,975,000
Last Sold Price
7
Beds
5
Baths
3,620 Sq. Ft.
$546 / Sq. Ft.
3,620
Sq. Ft.
$546
per Sq. Ft.

Description

Price reduction! RARE 4 plex located close to the Beach, Ocean and Downtown Dana Point. This 4 unit multifamily home is in the Lantern district of Dana Point. Each unit is separately metered. Very large units with a Cap Rate of 3.47%. This is a value add opportunity. Just 5 buildings up from PCH and a short distance to Doheny State Beach & Dana Point Harbor & Restaurants. Units have been upgraded/remodeled with vinyl wood flooring throughout, Quartz countertops in the kitchen & each bathroom and...Price reduction! RARE 4 plex located close to the Beach, Ocean and Downtown Dana Point. This 4 unit multifamily home is in the Lantern district of Dana Point. Each unit is separately metered. Very large units with a Cap Rate of 3.47%. This is a value add opportunity. Just 5 buildings up from PCH and a short distance to Doheny State Beach & Dana Point Harbor & Restaurants. Units have been upgraded/remodeled with vinyl wood flooring throughout, Quartz countertops in the kitchen & each bathroom and new tub & tile to the ceiling in the shower/tub area in the upper units. Three units come with a refrigerator, stove, dishwasher and microwave. Smaller unit has full kitchen refrigerator, stove and microwave. There are ceiling fans in each unit. A single car garage for each unit with new rollup garage door and new garage door opener with remote control. Additional parking in front of each garage for off street parking. Smaller unit has an assigned parking area in the back of the building. Three units have a living/family room, dining area and kitchen and one upper unit has a full balcony and one of the lower unit has an attached patio. Convenient community laundry located in the back of the building & a soft water unit has been installed that services all the units. This building has been well maintained and shows pride of ownership. Termite Clearance completed. Turn key... Don't miss this one.
  1. Listed by Katie Crill • DRE #01270590 • Brokerage DRE #01857736 • Best Coast Properties

Property Details for 34081 El Encanto Avenue, Unit B

Architectural Style
Traditional
View
None
Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3620

Location

Listing Courtesy of Best Coast Properties, Katie Crill, DRE #01270590

Sold By Berkshire Hathaway HomeServices, Craig Delahooke, DRE #01942024

Add your commute
LISTING UPDATED: 02/12/2021 04:40 AM

Property Details for 34081 El Encanto Avenue, Unit B

StatusClosed
MLS #OC20101281
Days on Market226
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.11 AC / 4,596 SF
CountyOrange County

Location

Listing Courtesy of Best Coast Properties, Katie Crill, DRE #01270590

Sold By Berkshire Hathaway HomeServices, Craig Delahooke, DRE #01942024

Add your commute

Building Information for 34081 El Encanto Avenue, Unit B

Stories2Residences-Year Built1972Building Size-Lot Size0.11 AC / 4,596 SF

Payment Calculator

$11,401 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,778

Property Taxes

$623

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 34081 El Encanto Avenue, Unit B

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $104,700
  • Gross Scheduled Income: $104,700
  • Net Operating Income: $76,457
  • Laundry Income: $1,500
  • Cap Rate: 3.47
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $28,243
  • New Taxes Expense: $24,200
  • Electric Expense: $310
  • Insurance Expense: $2,397
  • Trash Expense: $736
  • Water Sewer Expense: $600
  • Total Expenses: $28,243
Tax / Assessment Info
  • Tax Annual Amount: $24,200
  • Tax Block: 1
  • Tax Tract Number: 842
  • Tax Census Tract: 423.13
  • Taxes Percent: 1.10%
  • Tax Lot: 12
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs, Dog Park, Hiking, Park, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Self Cleaning Oven, Dishwasher, Gas Oven, Gas Water Heater, Microwave, Refrigerator
  • Equipment: Community, Dishwasher, Microwave, Refrigerator
  • Interior Features: Balcony, Ceiling Fan(s), Living Room Balcony, Stone Counters
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Two Masters
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Own
  • Flooring: Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Resident Manager, Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Roof: Composition
  • Fence: Yes
  • Fence: Wood
  • Fencing: Block, Wood
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Park Nearby, Paved
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Assigned, Door Opener, Driveway, Garage, Garage - 1 Car, Parking Space
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Assigned, Driveway, Paved, Driveway Up Slope From Street, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener, Off Street, Parking Space
Property / Structure Info
  • Builders Tract Name: Lantern Village Central
  • Builders Tract Code: Lantern Village Central (LDC)
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: Yes
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 3
Unit 4
  • 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: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Carpet: 0
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number Wall AC: 0

Public Records for 34081 El Encanto Avenue, Unit B

Taxable ValueLand$526,465Additions$216,471Total$742,936
Tax Record2020$7,475 ($623 / month)
Home Facts
Total Finished SqFt3,620 SqFtAbove Grade Finished SqFt3,620 SqFtStyleMulti-Family Dwelling (2-4)Year Built1972CountyORANGEAPN68228110

Schools near 34081 El Encanto Avenue, Unit B

This home is within Capistrano Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
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

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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Listing Courtesy of Best Coast Properties, Katie Crill, DRE #01270590

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.