26731 Avenida Las Palmas

Dana Point, CA 92624

$1,650,000
Price
4
Beds
2
Baths
1,671 Sq. Ft.
$987 / Sq. Ft.
1,671
Sq. Ft.
$987
per Sq. Ft.

Description

Aren't you tired of seeing worn out looking income properties that have been neglected for decades, have no real appeal, and still sell for millions??? Well here we truly have two drop dead gorgeous newly renovated two bedroom stunners - AND THEY ARE BOTH VACANT TOO. Each of these 2 bedroom units may be best in class. The interiors literally drip with contemporary appeal, while they embrace tasteful coastal design, and shout out "LUXURY" - sure to attract and retain the most desirable tenants who...Aren't you tired of seeing worn out looking income properties that have been neglected for decades, have no real appeal, and still sell for millions??? Well here we truly have two drop dead gorgeous newly renovated two bedroom stunners - AND THEY ARE BOTH VACANT TOO. Each of these 2 bedroom units may be best in class. The interiors literally drip with contemporary appeal, while they embrace tasteful coastal design, and shout out "LUXURY" - sure to attract and retain the most desirable tenants who are happy to pay for a top of the line residence. And this property is appropriate for a discerning owner user too. This Capo Beach location is phenomenal, this fine property is on a beautiful street, and has a tremendous useable private back yard and large deck for the larger rear unit, which makes for great indoor/outdoor living - its like your own retreat back there. The rear unit (owner's unit) is larger than the front unit, and has a fireplace and laundry hook ups as well. Both units have just completed a beautiful remodel with new open kitchens with white soft close shaker cabinets, attractive white quartz counters, bar top, gorgeous new baths, stylish lighting and plumbing fixtures, appliances (and both with dishwashers and microwaves too), and so much more - including a new roof and dual pane windows and sliders. Check out the pics They speak for themselves! AND THE CHERRY ON TOP IS BOTH UNITS ARE VACANT - pick who you want, charge what you want, or maybe you or your relative wants to live here. Makes for a great alternative for someone looking for a house but wants the rental income.
  1. Listed by Michele DeVivo • DRE #01376760 • Brokerage DRE #01008773 • First Team Real Estate • 5622356700
  2. Listed by Fred Denny • DRE #00832957 • Brokerage DRE #01008773 • First Team Real Estate

Property Details for 26731 Avenida Las Palmas

Parking Spaces Total
4
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1671
Assessor Parcel Number
123-261-50
Property Attached YN
true

Location

Listing Courtesy of First Team Real Estate, Michele DeVivo, DRE #01376760; First Team Real Estate, Fred Denny, DRE #00832957
Add your commute
LISTING UPDATED: 05/18/2024 10:16 AM

Property Details for 26731 Avenida Las Palmas

StatusActive
MLS #PW24089747
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.12 AC / 5,227 SF
CountyOrange County

Location

Listing Courtesy of First Team Real Estate, Michele DeVivo, DRE #01376760; First Team Real Estate, Fred Denny, DRE #00832957
Add your commute

Building Information for 26731 Avenida Las Palmas

Stories2Residences-Year Built1959Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$9,301 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$296

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 26731 Avenida Las Palmas

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $87,000
  • Gross Scheduled Income: $87,000
  • Net Operating Income: $63,500
Expense Details
  • Operating Expense: $23,500
  • New Taxes Expense: $17,500
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,000
  • Maintenance Expense: $2,400
  • Trash Expense: $600
  • Water Sewer Expense: $1,000
  • Total Expenses: $23,500
Tax / Assessment Info
  • Tax Block: 13
  • Tax Tract Number: 901
  • Tax Census Tract: 422.01
  • CFD/Mello-Roos Fee: $1,826
  • Tax Lot: 51
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Equipment: Dishwasher, Inside, Microwave
  • Interior Features: Open Floorplan, Quartz Counters, Recessed Lighting
  • Room Type: All Bedrooms Down, Main Floor Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Roof: Composition, Shingle
  • Entry Location: 1
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3750
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Disposal: 2

Property History for 26731 Avenida Las Palmas

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 26731 Avenida Las Palmas

Taxable ValueLand$123,698Additions$46,918Total$170,616
Tax Record2023$3,549 ($296 / month)
Home Facts
Total Finished SqFt1,671 SqFtAbove Grade Finished SqFt1,671 SqFtStories2Lot Size5,331 SqFtStyleDuplexYear Built1959CountyORANGEAPN123-261-50

Schools near 26731 Avenida Las Palmas

This home is within Capistrano Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Palisades Elementary School
PublicK to 5

Shorecliffs Middle School
Public6 to 8

San Juan Hills High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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26731 Avenida Las Palmas is a multi-family home for sale in Dana Point, CA 92624. This property was listed for sale on May 3, 2024 by First Team Real Estate, it's currently listed at $1,650,000. It has been on the market for a total of 16 days and was last sold on July 27, 2023. This listing's school district is Capistrano Unified School District. Nearby schools include Palisades Elementary School, Shorecliffs Middle School and San Juan Hills High School. 26731 Avenida Las Palmas is a 4-bed, 2-bath, 1,671 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Team Real Estate, Michele DeVivo, DRE #01376760; First Team Real Estate, Fred Denny, DRE #00832957

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.