The Silver Lantern Apartments is prime located and exceptionally rare opportunity to own a mid-size apartment complex in the city of Dana Point which is currently engaged in a major revitalization. Projects such as the Town Center Development and Harbor Revitalization figure to drastically improve values of Real Estate and rental rates. Originally configured to operate as (6) 1BR/1BA's, (1) 2BR/1BA & (5) 2BR/2BA units. Each 2BR/2BA unit is being sub-leased as a Studio and a 1BR/1BA making the building function like 17 units. No modifications have been made to the property. An interior bedroom door has been locked to separate the units making it very simple for Buyer to transition the units back to 2BR/2BA units with no extra costs. The property contains an onsite laundry facility, carport parking & storage for the tenants. The building is individually metered for Gas & Electric. It' walking distance to the Town Center and Dana Point Harbor and minutes to Doheny State Beach.
Iconic freestanding office building on its own parcel with covered parking and a penthouse suite with partial ocean and coastline views. This one-of-a- kind asset is elevator-served, has a creative build-out, private parking, floor-to-ceiling windows.
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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.