$2,595,000
33372 Cheltam Way, Dana Point CA 92629
Multi-Family (4 Units)
Property type
21 days
On market
$587
Price per sqft
4 cars
Garage
1977
Year built
13,144 sqft
Lot size
Open Houses
Overview
33372 Cheltam Way presents a rare four-unit investment opportunity in the highly desirable coastal community of Dana Point. Built in 1977, this property offers spacious units, each exceeding 1,000 square feet. The units are thoughtfully designed with tenant comfort in mind, offering washer and dryer hookups, private patios or balconies, and cozy fireplaces. Each residence is...
Listing provided by: Michael Arp DRE #01488586, Morgan Skenderian, Rick Applebaum DRE #01273871, Morgan Skenderian
Listing updated: May 16, 2026 at 01:25pm.
Last checked: Jun 5, 2026 at 11:30am
Source: CRMLS #PW26105826
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 2 | 1 | $2,500 | $5,000 | $3,495 | Unfurnished |
| 2 | 3 | 2 | 1 | $3,024 | $6,048 | $3,995 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
20.4x
List Price / Annual Gross Rent
Cap Rate
3%
NOI / List Price
Gross Scheduled Income: $127,200
Vacancy Allowance: $3,816
Vacancy Allowance Rate: 3%
Operating Expense: $44,475
Net Operating Income: $78,909
Annual Operating Expenses
Electric: $1,050
Gardener: $800
Fuel: $1,050
Insurance: $4,832
Licenses: $500
Maintenance: $3,702
New Taxes: $30,441
Trash: $1,050
Water / Sewer: $1,050
Interior
Interior Features: Balcony, Ceiling Fans
Laundry: Washer Hookup, Electric Dryer Hookup
Entry Location: Street
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Uncovered Spaces: 4
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: Condominium
Parcel #: 93947090
Additional Parcels: No
Tax Lot: 2
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Dog Park, Sidewalks
Nearby Schools
Nearby schools around the 33372 Cheltam Way, Dana Point, CA 92629. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,076,000
Total Interest
$2,647,824
Total Payment
$4,723,824
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,975
per month
Property History for 33372 Cheltam Way
Dana Point Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92629.
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