34262 Via Velez, Dana Point, California 92624, Dana Point, 92624 - 5 bed, 3 bath

34262 Via Velez
Dana Point, California 92624
Property Price
SUMMARY
Analysis of 34262 Via Velez, Dana Point, California 92624 is currently available with a list price of $2,199,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Dana Point Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite its 1928 built year, the property has undergone a meticulous and extensive restoration, as detailed in the description. This includes replacement of electrical, plumbing, heating, and roofing systems, along with significant aesthetic updates like restored hardwood floors and windows. The images confirm modern, high-quality kitchens with new stainless steel appliances, contemporary cabinetry, and fixtures, as well as pristine, updated bathrooms. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Historical Significance & Rarity
A meticulously restored Doheny family property, one of fewer than 12 remaining, offering unparalleled historical value and exclusivity in Dana Point.
- Extensive Modern Infrastructure Upgrades
Comprehensive restoration includes updated electrical, plumbing, central heating, roofing, and retaining walls, ensuring modern functionality while preserving historic integrity.
- Strong Income-Generating Triplex
Comprised of three fully detached cottages with attractive estimated monthly rental figures ($2,750, $4,300, $4,600), supporting a compelling cap rate for investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6482, other record lot size in square feet = 6209. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2078, other record living area = 776. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
- Recently Sold Property
The property was recently sold within the past year on 2025-04-29. The sold price is $1,150,000.00.
- Absence of Air Conditioning
The property description highlights central heating but omits any mention of a cooling system, which could be a significant comfort drawback for residents, particularly during warmer periods.
About 34262 Via Velez
Among the rarest opportunities ever offered for sale is this meticulously restored Doheny property designed by architect H. Roy Casey. In the 1920s, the Doheny family played a central role in the development of Dana Point, including the eventual conveyance of the harbor lands to the public—an act that helped shape the city as it exists today. The Doheny family is inseparable from the history of Dana Point. It is estimated that fewer than 12 Doheny family-owned properties remain standing today, making this thoughtfully restored offering an exceptionally rare and enviable opportunity. This restoration was undertaken with the guiding principle that a home which has stood for 100 years should be prepared to endure for another century. With that mindset, the seller invested extensively in modernizing and reinforcing the property’s infrastructure while honoring its historic integrity. Improvements include replacement of electrical systems, plumbing and drains, central heating, retaining walls, and roofing, along with extensive wood restoration and replacement. Original wood-framed windows were carefully restored, as were the hardwood floors, which had seen better days but now reflect their original character and craftsmanship. The property consists of three fully detached cottages. Unit A is a small one-bedroom, originally a carriage house and converted in the mid-20th century. Unit B is a two-bedroom, one-bath residence featuring multiple private courtyards and hand-carved wood ceilings in the living room. Unit C is a two-bedroom, one-bath home with a spacious entertaining courtyard and an expansive approximately 800-square-foot grass yard. Estimated monthly rental figures support an attractive cap rate: Unit A at $2,750 per month, Unit B at $4,300 per month, and Unit C at $4,600 per month. The property also benefits from Mills Act status, offering a significant reduction in property taxes while incentivizing continued historic preservation.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1928
- Lot Size
- 6,482 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Dana Point Unified Schools
Palisades Elementary School
Grades K-5 • 0.3 mi
Marblehead Elementary School
Grades K-5 • 2.7 mi
Shorecliffs Middle School
Grades 6-8 • 5.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,078 | 2,241 | 33% |
| Lot Size | 6,482 | 5,793 | 67% |
| Price | $2.20M | $2.20M | 50% |
| Price per sq ft | $1.1K | $823 | 67% |
| Built year | 1928 | 1965 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 133 | 33% |
Pricing History
Listed for Sale
Jan 22, 2026
$2,199,000
Initial Listing
Sold
Apr 29, 2025
$1,150,000
Public Record















































