34381 Dana Strand Rd - Apartments FOR SALE


Dana Point, CA 92629
$13,500,000 USD
949-291-5306
34381 Dana Strand Rd, Dana Point, CA for Sale
$13,500,000 USD
Apartments - FOR SALE
1/36
null | 3% Cap Rate

34381 Dana Strand Rd
Dana Point, CA 92629


HIGHLIGHTS

  • Extremely rare ocean and beach front location situated right on Dana Point Headlands and Surrounded by Dana Pt. Conservation area.
  • Spectacular coastline views over Strands Beach to Palos Verdes and beyond. Sunset views over Catalina and San Clemente Islands.
  • Three spacious 3 bedroom 2 bathroom ocean view homes + one 3 bedroom 3 bathroom townhouse style unit.
  • 6 Garages and 5 additional off street parking spaces
  • Rents are projected for furnished rentals $13- $15K+ per month, per unit
  • Possible condo conversion.

OVERVIEW

Without doubt one of the best ocean front locations in Southern California. This is an extremely rare opportunity to own a landmark bluff top, beach front compound situated right on Dana Point Headlands. This offering includes four spacious three bedroom ocean view homes. Perched on the bluff with land sweeping down to the sand, the views are truly spectacular. You can see and hear the crashing surf and watch amazing sunsets over Catalina Island. The amazing view encompasses all of Strands Beach to the Ritz Carlton and the coastline north to Palos Verdes and beyond. Directly opposite the entry to the property is the beautiful Dana Point Headlands Conservation area which protects a variety of habitats and offers miles of spectacular walking trails. The property comes with six garages plus 5 additional off street parking spaces. Please note rents are pro forma based on monthly furnished estimates.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$2,699 USD /SF

# OF UNITS

4

PRICE/UNIT

$3,375,000

CAP RATE

3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RM

APN/PARCEL ID

672-591-05,672-591-08

ASK ABOUT THIS PROPERTY

Louis DillonColdwell Banker RealtyMore Info
949-291-5306

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Louis DillonColdwell Banker RealtyMore Info
949-291-5306

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.