33422 Cheltam Way, Dana Point, CA 92629

$1,850,000
List Price
$1,850,000
Status
PENDING
MLS#
PW21056279
Year Built
1976
Lot Size
13,939
Acres
0.32
Lot Location
Item25UnitsAcre
Days on Market
26
Property Type
Multifamily
Stories
Two Levels

Property Description

We are pleased to present 33422 Cheltam Way, a 4-unit investment opportunity located in one of Orange County's premier coastal communities of Dana Point. Perched upon a ridge, the Cheltam Way apartments offer sweeping canyon views from the building's expansive patios and balconies all while being in close proximity to the best of what the city has to offer including the revitalized and trendy Lantern District, Dana Point Harbor, and miles of iconic beaches. This exceptionally well-maintained coastal asset is desirably comprised of 1 & 2-bedroom with den units that are always in high rental demand. Step inside and tenants will enjoy upgraded kitchens, bathrooms, and flooring paired with upscale and high-end amenities such as fireplaces, dishwashers, and washer/dryer hookups. A new investor can cash-flow with as little as 25% down payment without having to invest in capital or cosmetic improvements, making the Cheltam Way apartments an exceptional addition to any investor’s portfolio. *2-Bedroom Units are 2-Bedroom + Den

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Number Of Units Total
4
Gross Scheduled Income
$103,200
Operating Expense
28720

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rick Applebaum from Morgan Skenderian

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.