24871 Sherwood, Dana Point, California 92629, Dana Point, 92629 - 0 bed, 0 bath
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Dana Point, California 92629
This Value-Add Triplex Investment is listed at $1,998,000, representing a stable entry point near its $1,966,558 Fair Market Value. With a Condition Rating of 4, the property requires modernization but offers immense upside across its three units. The massive 20,496 sq ft corner lot and three separate APNs provide unique flexibility for individual unit resale or specialized financing. Situated within walking distance of Top-Rated Schools like Dana Hills High, this coastal asset is primed for high tenant retention. It is an ideal acquisition for Buy-and-Hold Investors or Multi-generational Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24871 Sherwood Subject | $1,998,000* List Price | 0 | 0 | 3,174 | $620 | - |
A 24832 Sherwood Way Sold | $1,700,000 | 0 | 0 | 2,630 | $646 | 0.1 mi |
B 34091 Ruby Lantern Sold | $2,536,000 | 0 | 0 | 3,765 | $674 | 0.8 mi |
C 33951 Golden Lantern Active Under Contract | $2,300,000 List Price | 0 | 0 | 3,140 | $732 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this triplex is aged but appears maintained. While the driveway was recently resealed and one unit has been updated, the listing's emphasis on 'tremendous potential' and the lack of interior photos for the other two units suggest they likely feature original or dated kitchens and bathrooms. The property requires modernization to reach its full market potential.
Elementary School: John Malcom Elementary School (9/10).
Situated in the heart of Dana Point, the property is within walking distance to Dana Hills High School, the harbor, and local dining, ensuring high tenant demand and convenience.
The property sits on a massive 20,000 sq ft corner lot and features three separate APNs, offering unique opportunities for individual unit resale or simplified financing options.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3174, other record living area = 1150.
Built in 1976, the property may require significant capital improvements or modernization beyond the recent driveway updates to remain competitive in the luxury Dana Point market.
Despite its proximity to the coast, the listing explicitly states there are no views, which may limit the premium rent or resale value compared to nearby ocean-view properties.
BACK ON THE MARKET and a Great Income Opportunity and tremendous potential! Located in the heart of Dana Point, within walking distance of Dana Hills High School, the Dana Point Harbor, dining, shopping, and entertainment. Two units hosting 2 bedrooms, 2 bathrooms, and a den (often used as a third bedroom). The third unit has 2 bedrooms and 1 bathroom and has been updated. Each unit includes its own single-car garage and assigned parking space. The driveway was resealed and striped in April 2024. Larger units have washer/dryer hookups, individual water heaters, and private outdoor spaces—either a yard or a deck. On a large 20,000 sq' corner lot, perfect income property for investors or multi-generational living. Tri-plex has three separate APNs: 939-471-69, 939-471-70, and 939-471-71.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,174 | 2,850 | 63% |
| Lot Size | 20,496 | 6,042.5 | 88% |
| Price | $2.00M | $2.38M | 25% |
| Price per sq ft | $629 | $877 | 13% |
| Built year | 1976 | 1977 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 154 | 13% |
Mar 24, 2026
$1,998,000
Initial Listing
May 23, 2024
$1,900,000
Public Record