Dana Point, CA 92629 33771 Copper Lantern Street

OPEN HOUSE Sat, Jul 12 2025 1:00 PM - 4:00 PM
33771 Copper Lantern Street Dana Point, CA - Image 133771 Copper Lantern Street Dana Point, CA - Image 233771 Copper Lantern Street Dana Point, CA - Image 3
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Presented By: Dee Shiohama with Berkshire Hathaway HomeService; 949-322-4225
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# NP25153071
  • 07/08/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 2
  • SQFT • 2,190
  • Garage • 3

Home Details

33771 Copper Lantern is a rare turnkey triplex located in the heart of Dana Point’s desirable Lantern District, just minutes from the harbor, beaches, shopping, and dining. This exceptional coastal investment opportunity features one 2-bedroom, 2-bath unit and two 1-bedroom, 1-bath units each offering stunning ocean views from the living room. All units have been thoughtfully upgraded over the years to blend modern comfort with timeless coastal charm. Recent improvements include new laminate flooring in Unit B, new garage doors and openers, a new repaved parking spots and driveway, fresh exterior paint, and drought resistant, low-maintenance landscaping. The property also offers outdoor spaces, on-site laundry, and a dedicated storage room. For added value, there is potential to convert one garage space and the storage area into an ADU. Subject to city approval. Located within walking distance to Dana Point Harbor, currently undergoing a major redevelopment with Phase 1 scheduled for completion in July 2025 this property presents a compelling opportunity for both investors and owner-occupants seeking income potential and long-term appreciation in one of Southern California’s premier coastal communities.
Presented By: Dee Shiohama with Berkshire Hathaway HomeService; 949-322-4225

Interior Features for 33771 Copper Lantern Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringLaminate, Tile
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 33771 Copper Lantern Street

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, GasRange, Microwave
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.93
Carport Y/NNo
CityDana Point
Community FeaturesCurbs, Sidewalks
CoolingNone
CountyOrange
DirectionsSelva Road/Copper Lantern
Electric Expense1313.0
Entry Location1
Garage Spaces3.0
Garage Y/NYes
Gross Income124200.0
HOANo
HeatingCentral, WallFurnace
Home Warranty Y/NNo
Insurance Expense2102.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet5619.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income118129.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased0
Operating Expense6071.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot29
Tenant PaysElectricity, Gas
Total Actual Rent123000.0
Trash Expense869.0
ViewCityLights, Ocean
Water Sewer Expense1108.0
Year Built1973
Year Built SourceAssessor
ZoningRHD

Exterior for 33771 Copper Lantern Street

Building Area Total2190.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.129
Lot Size Area5619.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking3.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,349,000
MLS#NP25153071
List Date 07/08/2025
Property Type Multi-Family
Phone 714.742.6515
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