33372 Cheltam Way Overview
- Time on Site:
- 45 days
- Visits:
- 0
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.
33372 Cheltam Way Facts & Features
- Type Multi-Family
- Sq. ft. 4,424
- Price/Sq.ft. $587
- Lot 0.30 Acres
Details
General
Association/HOA
- Association: No
- Common Interest: Condominium
Income/Expenses
- Electric Expense: 1050.0
- Fuel Expense: 1050.0
- Gardener Expense: 800.0
- Gross Income: 127200.0
- Gross Scheduled Income: 127200.0
- Insurance Expense: 4832.0
- Maintenance Expense: 3702.0
- Net Operating Income: 78909.0
- New Taxes Expense: 30441.0
- Operating Expense: 44475.0
- Trash Expense: 1050.0
- Water Sewer Expense: 1050.0
Building Information
- New Construction: No
- Year Built: 1977
Location/Region
- Country: US
- County Or Parish: Orange
- MLS Area Major: DH - Dana Hills
- Postal City: DANA POINT
- Subdivision Name: Other
Community/Development
- Community Features: Biking,Curbs,Dog Park,Sidewalks
Rent/Lease Information
- Land Lease: No
General Information
- Listing Terms: Cash to New Loan
- Parcel Number: 93947090
- Property Sub Type: Condominium
- Property Type: Residential Income
- Rent Control: No
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 4.0
- Garage: Yes
Building Interior
- Building Area Total: 4424.0
- Building Area Units: Square Feet
General Information
- Common Walls: No Common Walls
- Entry Level: 1
- Entry Location: Street
- Interior Features: Balcony,Ceiling Fan(s)
- Laundry Features: Washer Hookup,Electric Dryer Hookup
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 4.0
- Parking Total: 8.0
Lot Information
- Additional Parcels Description: 93947091,93947092,93947093
- Additional Parcels: No
- Lot Size Acres: 0.3017
- Lot Size Area: 13144.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 13144.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: No
General Information
- Number Of Units Total: 4
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
33372 Cheltam Way Neighborhood
Community
92629 (DANA POINT) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.33372 Cheltam Way Monthly Cost
33372 Cheltam Way Market Data
Based on the last 30 days in this zip code
33372 Cheltam Way History
| Date | Value | Agent |
|---|---|---|
| 5/15/2026Source: CRMLS | May 15, 2026 |
Contact Information: 949-251-8800