4 Beds • 2 Baths • 1,620 SF • 4,792 SF Lot • 2BD/1BA Duplex • Street-to-street lot • $850,000 SOLD
This Dana Point duplex sits on a street-to-street lot and is making its debut to the market for the first time in over 60 years. The duplex offers side-by-side units perched on a hillside and accessed from their own landscaped walkways. Each unit features two bedrooms and one bath; bright with natural light and floor-to-ceiling windows in living room. Subtle A-frame wood ceilings with exposed beams run the entire length of the interior of the property and create a cover over the front and back patios.
Apartment A&B both open to a large terra-cotta tiled outdoor patio with views of the hills and tree tops. The large patio is located above the two one-car garages for each unit. If privacy is wanted, the deck could easily be fenced off down the center, still leaving adequate space for both tenants. A private, enclosed patio can be accessed through the bedroom or side of the property and is located behind each apartment. A landscaped walkway behind the unit leads to the street above where additional private parking is located for tenants or guests. Each one-car garage is equipped with washer and dryer hookups for laundry.
This property has excellent rental potential and is located in the highly-desired Lantern District. Perfect for any beach goer; just hop on a bike and head down to coffee shops, yoga studios, grocery stores or local restaurants and bars along the famous PCH highway. This is a perfect opportunity to purchase an income property in a great and growing neighborhood near the ocean.
*Drive-by only, do not disturb tenants.
*Units are not rent-controlled and are currently under market value. Both units are month-to-month.
* Trust sale and property is sold as-is.
LINK TO: DANA POINT LANTERN DISTRICT BUSINESSES
LINK TO: LANDLORD/TENANT | FAIR HOUSING IN ORANGE COUNTY
Dana Point Harbor
The harbor, built in the 1960s and dedicated on July 31, 1971, is home to a marina, shops, and restaurants, and it is a point of departure for the Catalina Express, a transportation service to and from the City of Avalon on Catalina Island. The entire harbor of Dana Point, including the Embarcadero Marina shops and restaurants are set for complete demolition and redevelopment. The current vintage nautical style is being abandoned for a Tech Minimalist concept using metal roofs as well as Minimalist landscaping.
Surfing
Dana Point also has a world famous surfing history and was home to many of the first companies that produced products for surfing. Hobie Alter opened the world's first retail surf shop in Dana Point in 1954. Many surf publications such as the Surfer's Journal and Surfer Magazine were formed and headquartered in Dana Point. Bruce Brown produced the iconic surfer film Endless Summer in Dana Point.
Strands
The Strands at Headlands is a luxury housing development built on land that was originally part of the Chandler Family holdings. For decades the land facing the beach was home to the Dana Strand Beach and Tennis Club,[11] a mobile home community that closed in the late 1980s. For years, access to the Strands beach was limited to hiking down a dirt trail where the mobile homes had stood. The Strands parcel included the actual headlands and bluff of Dana Point as well and was one of the last large coast properties available for development along the Orange County Coast. During the course of a ten-year approval process, the original high density plan, which included a large multi-story hotel on the bluff top and hundreds of houses and multi-family units, was reduced in scope to just over 100 home sites. As part of negotiations with the California Coastal Commission, the developer agreed to turn the bluff into a nature preserve and build over $11 million worth of public improvements to provide easier access to the Strands Beach. The improvements include stairs, restrooms, a beach-front sidewalk and a funicular to transport visitors from the parking lot to the beach. After extensive infrastructure construction, lots were offered for sale in the fall of 2006. Lots in the development are rectangular with modern houses commonly priced above $10,000,000. The development has provided much easier access to the beach below and has allowed surfers and other beach visitors to access the beach quickly and easily. Strands Homeowners, through a Mello-Roos assessment, pay for the upkeep of the beach improvements.
Capistrano Beach
In 1928, a corporate entity of the American industrial giant Edward Doheny, who had built his fortune in oil production in Southern California and Mexico, purchased a number of lots in Capistrano Beach. Doheny's son, Ned, formed a development company, the Capistrano Beach Company, which included his wife's twin brothers, Clark and Warren Smith, and Luther Eldridge, a contractor, to build a community of Spanish style houses. According to Dana Point historians Baum and Burnes,* Eldridge favored two dominant characteristics in his homes, a typically Spanish roof line and the use of large ceiling beams in the main rooms of the houses. The roofline, covered with red ceramic tiles, incorporated a low-pitched gable, spreading out to one short and one long roof. The ceiling beams were decorated with stenciled artwork painted by artist Alex Meston. Eldridge was able to complete the original Doheny family house on the bluffs, four houses on the beach, and 18 other homes scattered throughout the area before tragedy struck the ambitious project. Edward Doheny was preparing for his criminal trial for bribery in the Teapot Dome Scandal, and on February 16, 1929, Ned Doheny and, Hugh Plunkett, his friend and secretary, who were to testify in the trial, were killed in a murder that still remains unsolved. In 1931, as a memorial to Ned, Petroleum Securities Company, Doheny's family-owned business, made a gift of 41.4 acres (168,000 m2) to the State of California, which is now Doheny State Beach. The unimproved Capistrano Beach properties passed back to Edward Doheny, and, upon his death in 1935, to his wife and heirs. By 1944, all of the properties had been sold to private parties.
The Doheny family also funded the building of what was then called St. Edward's Chapel in Capistrano Beach. The chapel soon grew, received canonical status as a parish, and moved to its current bluff-top location in Dana Point, overlooking Doheny State Beach.
Marine life
One of the very few known specimens of the megamouth shark was caught off Dana Point in 1990. Visitors can visit the Ocean Institute at the harbor below the point and the tidal pools located nearby for a closeup view of marine life during low tide. With the kelp beds located just offshore, Dana Point is a popular destination for snorkelers, fisherman, and spear fishers.