UPDATED:
02/20/2025 07:00 PM
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 6,506 sqft
Price per Sqft $845
MLS Listing ID OC25006145
Style Townhome
Bedrooms 8
Full Baths 6
Half Baths 2
Construction Status Turnkey,Updated/Remodeled
HOA Y/N No
Year Built 1983
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Townhome
Property Description
PANORAMIC OCEAN VIEW DUPLEX! A Rare INVESTMENT OPPORTUNITY! FULLY REMODELED tri-level duplex offering breathtaking views from Dana Point Harbor to San Clemente, located just 5 BLOCKS from Doheny State Beach. This exceptional property features 2 identical units, each with 4 bedrooms, 3.5 baths, and approximately 3,253 sqft, for a total of approximately 6,506 sqft combined. Each unit includes a first-floor MOTHER-IN-LAW Suite with a SEPARATE ENTRANCE, perfect for extended family or rental as an ADU. The second floors includes the Primary bedroom and 2 other bedrooms with shared bath, and shared private balcony/Deck, and finally third floors include spacious living areas, kitchens, and private decks with stunning ocean views. Unit A offers an additional ocean view from the master bedroom. Parking includes an oversized 2-car garage for each unit, with driveway space for 6 additional vehicles and RV parking next to Unit B. Extensive UPGRADES include NEW KITCHEN with quartz countertops and modern cabinets, NEW BATHROOMS, NEW VINYL FLOORING, 4 New HVAC Systems (2 per unit), RE-PIPED PLUMBING, and a NEW ROOF. Additionally, it includes Recessed Lighting, New Breaker Boxes, and Meters. The property can function as 4 RENTABLE UNITS, with first-floor suites rentable as ADUs and the second and third floors as 3-bedroom, 2.5-bath units with ocean views. Unit B, RV parking location, has **PLANS IN PROGRESS** for an attached 2 Bed/2 Bath ADU (1,200 sqft) with a garage underneath for additional rental income. Estimated total rental income, based on the most recent comps, is $22,000 to $24,000 after adding the ADU. (Estimated rental income is based on recent MLS comparisons in the area.) The 7,405 sqft lot is under **SUBDIVISION PROCESS** for Unit A and Unit B, with the city, with submission expected by the end of January, which will further increase the property's value in the case of a resale. This is a rare opportunity to own a TURNKEY, income-generating property in one of Californias most sought-after beachside locations. Perfect for rental investment, multi-generational living, or a combination of both. DONT MISS OUT!
Location
State CA
County Orange
Area Oc - Capistrano Beach (92624)
Interior
Interior Features Balcony, Recessed Lighting
Cooling Central Forced Air
Flooring Linoleum/Vinyl, Tile
Fireplaces Type Patio/Outdoors, Fire Pit
Laundry Inside
Exterior
Parking Features Garage
Garage Spaces 4.0
View Ocean, Water, Coastline, Harbor
Total Parking Spaces 4
Building
Lot Description Corner Lot, Sidewalks
Story 3
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 3 Story
Construction Status Turnkey,Updated/Remodeled
Others
Monthly Total Fees $153
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
Special Listing Condition Standard
Virtual Tour https://www.wellcomemat.com/mls/59a0e09116d91m008
