33372 Cheltam Way, Dana Point, CA 92629
List Price: $2.6M
Listing Status: Pending
0Days on Market: 29
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1977
Lot Size: 13,144 sq ft
Garage Spaces: 4
Private Pool: Yes
MLS Number: PW26105826
About This Property
33372 Cheltam Way presents a rare four-unit investment opportunity in the highly desirable coastal community of Dana Point. Built in 1977, this property offers spacious units, each exceeding 1,000 square feet. The units are thoughtfully designed with tenant comfort in mind, offering washer and dryer hookups, private patios or balconies, and cozy fireplaces. Each residence is also assigned one garage parking space along with an additional open space, adding convenience and value. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. With solid fundamentals and clear upside potential, 33372 Cheltam Way represents an excellent value-add opportunity for investors seeking to enhance rents and maximize returns. The motivated seller further strengthens the appeal of this offering, making it a compelling acquisition in one of Southern California’s most sought-after rental markets.
Listing provided by: Michael Arp DRE #01488586 949-251-8800 mike@morganskenderian.com, Morgan Skenderian
Source: CRMLS, MLS #: PW26105826
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.