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34051 Silver Lantern Street

Dana Point, CA 92629
  • $2,950,000
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: PW25110110
UPDATED: 82 min ago
$2,950,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,412
    SQFT
  • $1,223
    $/SQFT
Type:
Single-Family Home
Built:
1977
County:

School Ratings & Info

School District:
Listing Agent(s): Ilona Nanda of Coorg Realty (714-999-6565)


Description

Super duplex opportunity in the heart of Lantern Village, Dana Point! This property features a 3-bedroom, 2-bathroom upper unit all on one level, and a 2-bedroom, 2-bathroom lower unit, also all on one level. Both units have fireplaces in the living rooms and ceiling fans. The upper unit includes vaulted ceilings and a peek-a-boo ocean view from the deck. The 3-bedroom unit comes with a 2-car garage, and the 2-bedroom unit has a single-car garage. Both garage doors have been replaced and include remote openers. Each unit has inside laundry hook-ups. Major upgrades were completed in December 2020, including new windows, decking, roof, exterior paint, and gutters. Located close to Downtown Dana Point, shopping, restaurants, parks, the harbor, beaches, and the ocean. Also convenient to public transportation, freeway access, and the train station. The upper unit tenant is vacating after 14 years, and the current rent is significantly below market value - presenting an opportunity to secure a new market-rate tenant or occupy the unit as an owner. The lower unit is occupied by a long-term, reliable, and very friendly tenant who is also below market rent. Potential to add two ADUs above the existing garage without extensive city approvals (buyer to verify with the City).

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-13T00:27:28.84. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
www.americanrealestatehomes.com/homes/164038890
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34051 Silver Lantern Street Dana Point, CA 92629

  • Price: $2,950,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 82 min ago
  • ID#: PW25110110
5
Beds
4
Baths
0
½ Baths
0.09
Acres
2,412
SQFT
$1,223
$/SQFT
1977
Built
Neighborhood:
Lantern Village Central (Ldc)
County:
Orange
Area:
LT - Lantern Village
School District:
Other
Property Description
Super duplex opportunity in the heart of Lantern Village, Dana Point! This property features a 3-bedroom, 2-bathroom upper unit all on one level, and a 2-bedroom, 2-bathroom lower unit, also all on one level. Both units have fireplaces in the living rooms and ceiling fans. The upper unit includes vaulted ceilings and a peek-a-boo ocean view from the deck. The 3-bedroom unit comes with a 2-car garage, and the 2-bedroom unit has a single-car garage. Both garage doors have been replaced and include remote openers. Each unit has inside laundry hook-ups. Major upgrades were completed in December 2020, including new windows, decking, roof, exterior paint, and gutters. Located close to Downtown Dana Point, shopping, restaurants, parks, the harbor, beaches, and the ocean. Also convenient to public transportation, freeway access, and the train station. The upper unit tenant is vacating after 14 years, and the current rent is significantly below market value - presenting an opportunity to secure a new market-rate tenant or occupy the unit as an owner. The lower unit is occupied by a long-term, reliable, and very friendly tenant who is also below market rent. Potential to add two ADUs above the existing garage without extensive city approvals (buyer to verify with the City).
Exterior Features

Attached Garage YN No Elevation 0 Entry Level 12 Entry Location Silver Lantern Street Lot Features Sloped DownLandscapedRectangular Lot Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No View Ocean View YN Yes

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Family RoomLiving Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features BalconyCeiling Fan(s)Cathedral Ceiling(s)High CeilingsBedroom on Main LevelMain Level Primary Main Level Bathrooms 4 Main Level Bedrooms 5

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(s)Street LightsSuburbanSidewalksWater Sports Contingency No Showings. Drive-By Only. Please Do Not Disturb Tenants. Interior Viewing and Inspections Subject to Acceptable Offer. Submit Offers to manu@coorgcorporation.com. Contact Matt Segoia at 714.999.2413 with Questions. Exclusions REFRIGERATORSWASHERSDRYERS ARE OWNED BY TENANTS Garage YN Yes Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupInside Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeFannie MaeSubmit New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public Zoning R-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-13T00:27:28.84. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
 
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American Real Estate List & Sell
6391 Magnolia Ave., B20
Riverside CA, 92505
Listing Agent(s): Ilona Nanda of Coorg Realty (714-999-6565)