Description
34202 Pacific Coast Highway is a mixed-use property with frontage along the world famous Pacific Coast Highway. Ideally located within minutes of everything that Dana Point has to offer, the property consists of two residential units* and three retail spaces. (*Note: the residential units are currently operated as a combined 3-bedroom house, but can easily be converted back to two separate apartments). Residential tenants enjoy a direct-access 2-car garage, while the retail units have four on-site parking spaces, and street parking. Recent upgrades include new water heaters and electric subpanels in the two residential units. The property has been family owned and operated for over 30 years. Most tenants are also exceptionally long-term, and rents are currently well below market. The residential units and the middle retail space are on month-to-month agreements; the e-bike shop and hair salon are on leases through march 31, 2023. Located in Dana Point's Town Center Plan - adopted to establish a framework of public improvements to support private reinvestment and development - the property is positioned to take advantage of substantial upside in rents. Read more about the Town Center Plan Here:
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0.12ACRES
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01/2 BATHS
School Ratings & Info
Description
34202 Pacific Coast Highway is a mixed-use property with frontage along the world famous Pacific Coast Highway. Ideally located within minutes of everything that Dana Point has to offer, the property consists of two residential units* and three retail spaces. (*Note: the residential units are currently operated as a combined 3-bedroom house, but can easily be converted back to two separate apartments). Residential tenants enjoy a direct-access 2-car garage, while the retail units have four on-site parking spaces, and street parking. Recent upgrades include new water heaters and electric subpanels in the two residential units. The property has been family owned and operated for over 30 years. Most tenants are also exceptionally long-term, and rents are currently well below market. The residential units and the middle retail space are on month-to-month agreements; the e-bike shop and hair salon are on leases through march 31, 2023. Located in Dana Point's Town Center Plan - adopted to establish a framework of public improvements to support private reinvestment and development - the property is positioned to take advantage of substantial upside in rents. Read more about the Town Center Plan Here:
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T18:40:19.19. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.