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Listed by Negar Sheikhtaheri of Coldwell Banker Realty (949-491-2925)
PANORAMIC OCEAN VIEW DUPLEX! A Rare INVESTMENT OPPORTUNITY! FULLY REMODELED tri-level duplex offering breathtaking views from Dana Point Harbor to San Clemente, located just 5 BLOCKS from Doheny State Beach. This exceptional property features 2 identical units, each with 4 bedrooms, 3.5 baths, and approximately 3,253 sqft, for a total of approximately 6,506 sqft combined. Each unit includes a first-floor MOTHER-IN-LAW Suite with a SEPARATE ENTRANCE, perfect for extended family or rental as an ADU. The second floor includes the Primary bedroom and 2 other bedrooms with shared bath, and shared private balcony, and finally third floors include spacious living areas, kitchens, and private decks with stunning ocean views. Unit A offers an additional ocean view from the master bedroom. Parking includes an oversized 2-car garage for each unit, with driveway space for 6 additional vehicles and RV parking next to Unit B. Extensive UPGRADES include NEW KITCHEN with quartz countertops and modern cabinets, NEW BATHROOMS, NEW VINYL FLOORING, 4 New HVAC Systems (2 per unit), RE-PIPED PLUMBING, and a NEW ROOF. Additionally, it includes Recessed Lighting, New Breaker Boxes, and Meters. The property can function as 4 RENTABLE UNITS, with first-floor suites rentable as ADUs and the second and third floors as 3-bedroom, 2.5-bath units with ocean views. Unit B, RV parking location, has **PLANS IN PROGRESS** for an attached 2 Bed/2 Bath ADU (1,200 sqft) with a garage underneath for additional rental income. Estimated total rental income, based on the most recent comps, is $22,000 to $24,000 after adding the ADU. (Estimated rental income is based on recent MLS comparisons in the area.) The 7,405 sqft lot is under **SUBDIVISION PROCESS** for Unit A and Unit B, with the city, with submission expected by the end of January, which will further increase the property's value in the case of a resale. This is a rare opportunity to own a TURNKEY, income-generating property in one of California’s most sought-after beachside locations. Perfect for rental investment, multi-generational living, or a combination of both. DON’T MISS OUT!

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Based on information submitted to CRMLS as of February 19, 2025 1:23 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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