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33371 Cheltam Way 3, Dana Point, California 92629, Dana Point, 92629 - 3 bed, 2 bath

33371 Cheltam Way 3, Dana Point, California 92629 home-pic-0
ACTIVE$855,000
33371 Cheltam Way 3, Dana Point, California 92629
3Beds
2Baths
1,320Sqft
2,733Lot

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 1977, the property is nearly 50 years old, which may imply older systems (e.g., plumbing, electrical) and potentially require updates to meet modern aesthetic preferences or energy efficiency standards.

Compared to the nearby listings

Price:$855.0K vs avg $1.08M ($-226,500)34%
Size:1,320 sqft vs avg 1,247 sqft53%
Price/sqft:$648 vs avg $80714%

More Insights

Built in 1977 (48 years old).
Condition: Built in 1977, this condominium shows signs of being well-maintained but with updates that are now dated. The kitchen features granite countertops, which is a positive, but the oak cabinets and black appliances suggest a renovation that occurred 15-25 years ago rather than recently. Carpeting in the living areas and on the stairs appears worn, indicating a need for replacement. While functional, the overall aesthetic and components like vertical blinds and metal stair railings are consistent with an older property that has received some upkeep but not a comprehensive modern renovation. The absence of bathroom photos means their condition is unknown, but likely aligns with the kitchen's level of update or is more dated. Minor updates and cosmetic repairs would significantly improve its appeal.
Year Built
1977
Close
-
List price
$855K
Original List price
$855K
Price/Sqft
$648
HOA
-
Days on market
-
Sold On
-
MLS number
OC24046860
Home ConditionFair
Features
Patio
ViewCourtyard, Neighborhood

About this home

BEAUTIFUL MAINTAINED CONDOMINIUM NEAR DANA HILLS HIGH SCHOOL. UNIT INCLUDES 2 BEDROOMS + DEN ( USED AS A THIRD BEDROOM), LIVING ROOM WITH WOOD BURNING FIREPLACE, LARGE KITCHEN AREA WITH GRANITE COUNTERTOPS AND WITH SEPARATE EATING AREA AND INSIDE LAUNDRY HOOKUPS. UNIT HAS A LARGE PRIVATE PATIO AREA(APPROX. 18X54)THAT SEPARATES THE MAIN UNIT FROM 2 CAR GARAGE WHICH ALLOWS DIRECT ACCESS FROM GARAGE THRU PATIO TO UNIT. OAK CABINETS AND GRANITE COUNTERTOPS AND APPROXIMATELY 1320 SQ FT., AND LESS THAN 1 MILE TO DOHENY STATE BEACH AND DANA POINT HARBOR WHICH IS UNDERGOING MAJOR RENOVATION, MAKES THIS UNIT A GREAT INVESTMENT. OTHER TWO UNITS IN BUILDING ARE FOR SALE ALSO, WAS ORIGINALLY A TRIPLEX BUT YEARS AGO A SUBDIVISION MAP WAS FILED AND APPROVED AND EACH UNIT IS AN INDIVIDUAL CONDOMINIUM WITH ITS OWN AP#, CITY AND COUNTY SAYS THERE READY TO BE SOLD AS INDIVIDUAL CONDOS. MORE SQUARE FOOTAGE, LARGER LOT, AND 2+ EXTRA PARKING SPACES BEHIND THE 2 CAR GARAGE, MAKE THIS A FANTASTIC OPPORTUNITY, AND BEST OF ALL THERE IS NO MONTHLY HOA FEE!! MAKE OFFER SUBJECT TO INTERIOR INSPECTION,

Nearby schools

5/10
Richard Henry Dana Elementary School
Public,•K-5•0.9mi
5/10
Del Obispo Elementary School
Public,•K-5•1.1mi
9/10
John Malcom Elementary School
Public,•K-5•1.3mi
6/10
Marco Forster Middle School
Public,•6-8•1.1mi
8/10
Dana Hills High School
Public,•9-12•0.1mi
Condition Rating
Fair
Built in 1977, this condominium shows signs of being well-maintained but with updates that are now dated. The kitchen features granite countertops, which is a positive, but the oak cabinets and black appliances suggest a renovation that occurred 15-25 years ago rather than recently. Carpeting in the living areas and on the stairs appears worn, indicating a need for replacement. While functional, the overall aesthetic and components like vertical blinds and metal stair railings are consistent with an older property that has received some upkeep but not a comprehensive modern renovation. The absence of bathroom photos means their condition is unknown, but likely aligns with the kitchen's level of update or is more dated. Minor updates and cosmetic repairs would significantly improve its appeal.
Pros & Cons

Pros

Great Schools: Elementary School: John Malcom Elementary School (9/10).
No Monthly HOA Fee: A significant financial advantage for a condominium, as there are no monthly HOA fees, reducing ongoing housing costs.
Prime Coastal Location & Investment Potential: Located less than 1 mile from Doheny State Beach and Dana Point Harbor, which is undergoing major renovation, offering excellent lifestyle benefits and strong appreciation potential.
Spacious Private Outdoor Living: Features a large private patio area (approximately 18x54 feet), providing ample outdoor space and privacy, which is a rare find for a condominium.
Flexible Floor Plan: Includes 2 bedrooms plus a den, which is currently used as a third bedroom, offering versatility and additional living space.
Ample Parking & Direct Garage Access: Comes with a 2-car garage that has direct access to the unit via the patio, plus 2+ extra parking spaces, a significant convenience for a condominium.

Cons

Age of Property: Built in 1977, the property is nearly 50 years old, which may imply older systems (e.g., plumbing, electrical) and potentially require updates to meet modern aesthetic preferences or energy efficiency standards.
Converted Triplex Origin: Originally a triplex that was later subdivided into individual condominiums. While legally approved, this history might raise questions for some buyers regarding construction, soundproofing, or shared infrastructure.
Multiple Units on Market: The description notes that the other two units in the building are also for sale, which could create competition and potentially impact the time on market or pricing for this unit.

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