24871 Sherwood Way, Dana Point, California 92629, Dana Point, 92629 - bed, bath
ACTIVE$1,950,000
24871 Sherwood Way, Dana Point, California 92629
0Bed
0Bath
3,174Sqft
20,496Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: John Malcom Elementary School (9/10).
Top Cons:
Age of Property: Built in 1976, the property may require significant capital expenditure for system upgrades (e.g., plumbing, electrical, HVAC) to ensure long-term reliability and efficiency.
Compared to the nearby listings
Price:$1.95M vs avg $2.11M ($-160,000)44%
Size:3,174 sqft vs avg 2,630 sqft67%
Price/sqft:$614 vs avg $75711%
More Insights
Built in 1976 (49 years old).
Condition: Built in 1976, this property is 48 years old. While the exterior shows recent maintenance (driveway resealed), the listing explicitly notes a 'Potential for Dated Interiors' and 'dated finishes or fixtures,' suggesting kitchens and bathrooms are likely original or have not been updated in many years. The property analysis also indicates that major systems (plumbing, electrical, HVAC) may require significant capital expenditure due to age. The property is functional and livable, but requires substantial cosmetic updates and potential system upgrades to meet current standards and maximize rental appeal.
Year Built
1976
Close
-
List price
$1.95M
Original List price
$2M
Price/Sqft
$614
HOA
-
Days on market
-
Sold On
-
MLS number
LG25244138
Home ConditionFair
Features
Deck
View-
About this home
Great Income Opportunity! 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). One unit with 2 bedrooms and 1 bathroom. Each unit includes its own single-car garage and assigned parking space. The driveway was resealed and striped in April 2024. All units have washer/dryer hookups, individual water heaters, and private outdoor spaces—either a yard or a deck. Perfect income proeprty for investors or multi-generational living. Tri-plex has three separate APN ( 939-471-69 ) (939-471-70) and (939-471-71)
Nearby schools
5/10
Richard Henry Dana Elementary School
Public,•K-5•0.8mi
5/10
Del Obispo Elementary School
Public,•K-5•1.1mi
9/10
John Malcom Elementary School
Public,•K-5•1.4mi
6/10
Marco Forster Middle School
Public,•6-8•1.2mi
8/10
Dana Hills High School
Public,•9-12•0.2mi
Condition Rating
Fair
Built in 1976, this property is 48 years old. While the exterior shows recent maintenance (driveway resealed), the listing explicitly notes a 'Potential for Dated Interiors' and 'dated finishes or fixtures,' suggesting kitchens and bathrooms are likely original or have not been updated in many years. The property analysis also indicates that major systems (plumbing, electrical, HVAC) may require significant capital expenditure due to age. The property is functional and livable, but requires substantial cosmetic updates and potential system upgrades to meet current standards and maximize rental appeal.
Pros & Cons
Pros
Great Schools: Elementary School: John Malcom Elementary School (9/10).
Prime Location & Walkability: Located in the heart of Dana Point, within walking distance of Dana Hills High School, the Dana Point Harbor, dining, shopping, and entertainment, offering high desirability for tenants and residents.
Strong Income Potential: A triplex configuration with two 2-bedroom/2-bathroom units (plus den) and one 2-bedroom/1-bathroom unit provides diversified income streams, making it an excellent investment or multi-generational living opportunity.
Separate APNs: The property consists of three separate APNs, offering significant flexibility for future individual unit sales, financing, or potential condo conversion.
Tenant-Friendly Amenities: Each unit includes a single-car garage, assigned parking, washer/dryer hookups, individual water heaters, and private outdoor spaces (yard or deck), enhancing tenant satisfaction and retention.
Generous Lot Size: With a substantial lot size of 20,496 sqft, there is potential for expansion, additional outdoor amenities, or simply ample open space, which is valuable in a coastal area.
Cons
Age of Property: Built in 1976, the property may require significant capital expenditure for system upgrades (e.g., plumbing, electrical, HVAC) to ensure long-term reliability and efficiency.
Potential for Dated Interiors: While exterior maintenance is noted, the description does not specify recent interior updates, suggesting units may have dated finishes or fixtures that could impact rental appeal and require future investment to maximize income.
Undefined Community: The 'Other' subdivision name implies a lack of a formal community or HOA, which might be a drawback for tenants or buyers seeking specific amenities or a managed environment.