
Dana Point, California 92629
This Quadruplex Residential Income property is a Strong Value Opportunity, listed at $3,100,000—positioned well below the $3,337,236 Fair Market Value by 7%. This valuation gap offers $237,236 in Instant Equity. With a Condition Rating of 3, the property features three recently updated units, panoramic ocean views, and a rare 12-space parking capacity. Located near Dana Hills High School, this asset balances immediate rental income with long-term appreciation potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack in a prime coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34102 Seville Subject | $3,100,000* List Price | 0 | 0 | 4,802 | $695 | - |
A 33951 Golden Lantern Sold | $2,250,000 | 0 | 0 | 3,140 | $717 | 0.4 mi |
B 33621 Blue Lantern Street Sold | $2,875,000 | 0 | 0 | 3,800 | $757 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1973, the property is well-maintained with 3 out of 4 units recently updated (likely <5 years) featuring modern kitchens with quartz countertops, white shaker cabinets, stainless steel appliances, and vinyl plank flooring. It misses the 'Excellent' rating because one unit remains un-updated and the overall structure/systems are over 50 years old.
Rare for the high-density Lantern Village area, this property features 12 total parking spaces (5 garage and 7 driveway), a significant asset for attracting and retaining tenants.
The two upper units offer breathtaking ocean and coastline views with large balconies, providing the high-end aesthetic and lifestyle appeal necessary to command top-market rents.
With three of the four units recently updated with modern finishes like quartz countertops and vinyl flooring, the property offers immediate rental readiness with minimal initial capital expenditure.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4792, other record lot size in square feet = 4723.
Unit B remains in an un-updated state, creating a discrepancy in rental value across the building and requiring future renovation to achieve the property's full income potential.
While the upper units enjoy private garage hookups, the lower units rely on shared laundry facilities, which can be a competitive disadvantage compared to fully modernized luxury rentals.
Discover unparalleled coastal living in the heart of the Lantern Village of Dana Point with this exceptional four-unit property, perfectly situated to offer breathtaking ocean views from the top 2 units. This well-maintained street to street complex features 3 recently updated units, comfort, and the serene beauty of seaside living, making it an ideal opportunity to live by the beach while the other units help pay your mortgage or as a pure investment opportunity. The upper units (C & D) have been updated and feature 2 bedrooms and 2 baths with open concept living space. They boast large balconies with spectacular ocean views that provide ample outdoor entertaining space. Unit D has a two-car garage with direct access into the unit. Unit C has a single car garage. Both units C & D have washer/dryer hookups in their garages. Downstairs, units A & B are mirror images of each other with 1 bedroom and 1 bath. They offer open concept living spaces, balconies, and single car garages. Unit A has been recently updated with quartz countertops in the kitchen and bathroom and vinyl flooring and has a peek-a-boo ocean view from the balcony. Unit B has not been updated, but has a nice size patio and 2 parking spaces in the driveway. Units A & B have access to the shared laundry in the building. Set on a prime piece of coastal real estate, this property features low maintenance landscaping, 5 garage parking spaces, 7 driveway parking spaces and offers easy access to nearby beaches, shops and dining. Whether you’re seeking an income-generating property or a stunning home with rental income, this ocean-view gem is a rare find. Don’t miss the chance to own your own piece of paradise.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 0.9 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 | 4,802 | 3,004 | 92% |
| Lot Size | 4,792 | 4,792 | 50% |
| Price | $3.10M | $2.45M | 92% |
| Price per sq ft | $646 | $777 | 17% |
| Built year | 1973 | 1975 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 105 | 8% |
Jun 1, 2026
$3,100,000
Initial Listing