35322 Camino Capistrano, Dana Point, CA 92624

$9,995,500

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List Price
$9,995,500
Status
ACTIVE
MLS#
LG26055865
Year Built
1970
Lot Size
43,124
Acres
0.99
Lot Location
Landscaped, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System
Days on Market
134
Property Type
Multifamily
Style
Traditional
Property Sub Type
Apartment
Stories
One Level
Neighborhood
.Palisades Apartments

Property Description

Incredible Investment Opportunity! The Palisades Apartments are comprised of 15 units in cottage-style clusters and sits on an acre of prime real estate perched along the coastal blufftops between the luxurious revitalized Dana Point Harbor and the San Clemente Pier. These well-maintained single-story units offer stable income and feature a mix of one and two bedroom units with private patios. Tenants enjoy substantial parking with a blend of carports with storage cabinets, garages and perimeter parking. Some units include interior W&D systems and there is also a community on-site laundry room. The owner made a significant investment by just completing construction of a new electric service line with new individual meters and sub-panels. This beautiful coastal community is centrally located to multiple transit systems including the 5 FWY, Pacific Coast Hwy, Amtrak & Metrolink Trains, the Dana Point & San Clemente trolly systems and local parks and award-winning schools.

Additional Information

Other Buildings
Second Garage, Storage, Workshop
Appliances
Dishwasher, Electric Range, Disposal, Range Hood, Vented Exhaust Fan, Water Heater
Pool Description
None
Heat
Radiant
Cooling Description
None
View
Bluff, Hills
Exterior Construction
Block, Stucco
Roof
Composition
Garage Spaces Total
7
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Storage, Unfurnished, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
15
Gross Scheduled Income
$397,464
Operating Expense
166435

Listing courtesy of Listing Agent: Craig Delahooke (CRAIGDELAHOOKE@BHHSCAL.COM) from Listing Office: Berkshire Hathaway HomeServices California Properties.

Mortgage Calculator

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Calculator source: Real Geeks

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.