35087 Beach Rd, Dana Point, CA 92624
2 Unit Apartment Building Offered at $5,189,000 at a 3.85% Cap Rate in Dana Point, CA 92624
For Sale
Active
22 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 22 days
Asking Price $5,189,000
- Sale Condition
- 1031 Exchange
- Property Type
-
Multifamily
- Square Feet
- 2,354 SF
Listing Contacts
Tyler Kropf
Property Overview
Extremely rare oceanfront ownership in the private guard gated Capistrano Bay District community on Beach Rd. in Dana Point. This two-unit 6 bed 4 bath property (Unit A downstairs is a 4 bed/2 bath and Unit B Upstairs is a 2 bed/2bath) has direct access to the beach and sits on one of the larger lots on Beach Rd. at 7,841 SF with 39' of beachfront and over 200' of depth offering tremendous redevelopment potential. As-is the property has a strong rental history with many repeat visitors. The property has a covered carport and 2 additional reserved spots across the drive.
Property Details
- Year Built/Renovated
- 1949/2007
- Stories
- 2
- Lot Size (sq. ft)
- 7,841 SF
- Units
- 2
Highlights
- Rare oceanfront with direct beach access to the sand
- Panoramic ocean views
- 24-hour guard gated community of Beach Rd
- Great rental history, currently holds a short-term rental permit from City of Dana Point
- Large 7,841 SF lot with redevelopment potential to add significantly to the square footage.
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