24871 Sherwood Way, Dana Point, California 92629, Dana Point, 92629 - bed, bath

24871 Sherwood Way, Dana Point, California 92629 home-pic-0
ACTIVE$2,050,000
24871 Sherwood Way, Dana Point, California 92629
0Bed
0Bath
3,174Sqft
10,248Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in the highly desirable Dana Point, offering excellent walkability to schools, Dana Point Harbor, dining, shopping, and entertainment.
Top Cons:
Property Age: Built in 1976, the property's age may imply older systems or require future capital expenditures for major updates not explicitly mentioned.

Compared to the nearby listings

Price:$2.05M vs avg $2.11M ($-60,000)44%
Size:3,174 sqft vs avg 2,630 sqft67%
Price/sqft:$646 vs avg $75711%

More Insights

Built in 1976 (49 years old).
Condition: Built in 1976, this triplex is 48 years old. While the exterior appears well-maintained with a recently resealed driveway, there's no mention or visual evidence of significant interior renovations, particularly in key areas like kitchens and bathrooms. Given its age and status as an income property, it's highly probable that the interiors, including appliances, fixtures, and finishes, are original or have received only minor, dated updates. This suggests major components are functional but likely outdated, requiring minor updates or repairs to meet modern standards, aligning with the 'Fair' condition criteria.
Year Built
1976
Close
-
List price
$2.05M
Original List price
$2.1M
Price/Sqft
$646
HOA
-
Days on market
-
Sold On
-
MLS number
PW25122396
Home ConditionFair
Features
Deck
View-

About this home

FANTASTIC LOCATION! Don't miss this amazing opportunity in the heart of Dana Point! Just a short walk to local schools, Dana Point Harbor, dining, shopping, and entertainment. This triplex is situated on a desirable corner lot and the property features: TWO UNITS with 2 bedrooms, 2 bathrooms, and a den (commonly 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. Driveway resealed and striped in April 2024. Washer and dryer hookups in each unit, along with individual water heaters. Private outdoor space for each unit, with either a yard or a deck. Ideal for investors or multi-generational living. Prime location with easy access to everything Dana Point has to offer!

Nearby schools

5/10
Richard Henry Dana Elementary School
Public,K-50.8mi
5/10
Del Obispo Elementary School
Public,K-51.1mi
9/10
John Malcom Elementary School
Public,K-51.4mi
6/10
Marco Forster Middle School
Public,6-81.2mi
8/10
Dana Hills High School
Public,9-120.2mi
Condition Rating
Fair

Built in 1976, this triplex is 48 years old. While the exterior appears well-maintained with a recently resealed driveway, there's no mention or visual evidence of significant interior renovations, particularly in key areas like kitchens and bathrooms. Given its age and status as an income property, it's highly probable that the interiors, including appliances, fixtures, and finishes, are original or have received only minor, dated updates. This suggests major components are functional but likely outdated, requiring minor updates or repairs to meet modern standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Coastal Location: Situated in the highly desirable Dana Point, offering excellent walkability to schools, Dana Point Harbor, dining, shopping, and entertainment.
Income-Generating Triplex: A dedicated residential income property (triplex) ideal for investors or multi-generational living, providing multiple rental streams.
Diverse Unit Configurations: Features a versatile unit mix, including two 2-bed/2-bath units with dens (potential 3rd bedroom) and one 2-bed/1-bath unit, appealing to a broad tenant base.
Individual Unit Amenities: Each unit benefits from private outdoor space (yard or deck), individual water heaters, in-unit washer/dryer hookups, and dedicated parking with a single-car garage.
Desirable Corner Lot & Recent Upgrades: Positioned on a desirable corner lot with a recently resealed and striped driveway (April 2024), enhancing curb appeal and functionality.

Cons

Property Age: Built in 1976, the property's age may imply older systems or require future capital expenditures for major updates not explicitly mentioned.
Lack of Views: The property does not offer any significant views, which could be a drawback for buyers seeking ocean or city panoramas in a coastal market.
Significant Investment: With a list price of $2.05 million, this property represents a substantial investment, potentially limiting the pool of prospective buyers.

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