Amazing investment opportunity just blocks from Dana Point Harbor and the beautiful beaches along the Pacific. Located in the coveted Lantern Village this is a rare find a fully vacant duplex. The property is being sold as-is; the property has a newer roof, newer copper plumbing, new windows, and new automated doors for the 2-car garage. Even with a high end rehab ($80/sq.ft.), the property is cash-flow positive! Would make for a great owner-user property too. Contact listing agent for details. This will not last!
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$3,388,880Size Upon Req.
Vacant Land with unobstructed views of the ocean, for a Hotel Development or any Commercial within the zoning use, with potential ground floor commercial, or strictly commercial under the Visitor/Recreation Commercial Zoning. Build-able acreage totals 22,686 sq ft. Total acreage totals 55,230 sq ft. Per the zoning code, Hotel, Retail, Office, Commercial, etc are permitted. The site can be development as anything under the Visitor/Recreation Commercial Zoning. In addition, the city has stated (Buyer to Verify) that they are willing to work with a builder/developer to add the unbuild-able acreage behind the ground level property, to the sites F.A.R. (Floor Area Ratio). Thereby increasing the build-able floor plan. Additional APN's that are included in the sale are: 691-411-020; 022; 064; 065. Maximum Height Standard is 31-35 ft and/or 3 stories, refer to Development Standards Link above; Standard F.A.R. is 0.5:1, BUT a maximum F.A.R. of 1.75:1 may be permitted in accordance with Section 9.05.210. Refer to Link above; For the Permitted Uses, refer to Link above. Buyer to complete their investigations. Seller/broker makes no specific representations. A Ground Lease is negotiable.