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Offer Price

$

Proposed Settlement Date

Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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An incredible opportunity to purchase a "beach getaway" steps away from the renowned Strands Beach. Feel the cool ocean breezes and take in the breathtaking sunsets from the Strands "boardwalk"!

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Dana Point, CA 92629

Favorite
$739,000
1
1
701
sq. ft.
$1,054
per sq ft
Heated sq ft: 701 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Condo (high rise or low rise)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: No
For Sale By: Broker
Seller Financing: No
Niche: Beach
New Construction: Inquire
Days on Vrolio: 472

Property Description

he recently upgraded kitchen features Kemper custom cabinets, Corian countertops & breakfast bar, recessed lighting, and GE profile kitchen appliances. Additional upgrades throughout include Dunn Edwards interior paint, high end berber carpeting, new Millard windows and doors, and all new California Closet built-ins. The outside patio area, with shared access to the oversized master suite, features upgraded windows and sliders. This residence offers an assigned parking spot along with nearby guest parking and an option for electric vehicle charging. With mature grounds, and an inviting pool and spa complex, this community is a great destination location across the street from the beach. Perfect opportunity to own and reside after downsizing to the beach or as a steady rental home. It’s a great fit for almost anyone! Don’t miss this rare opportunity as turn key homes like this do not last! Short distance to the Ritz Carlton, Waldorf Astoria hotels and Salt Creek Beach. Equally close is the Lantern District and Dana Point Harbor offering a variety of shopping, entertaining and dining options. Truly a must see property for the money!

Presented by:
Agent:
Briant Patterson
Pacific Sotheby's International Realty
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
1
Additional Indoor Rooms
Living Room
Appliances
Dishwasher, Dryer, Electric appliances, Garbage Disposal, Microwave, Washer
Heating/Cooling
Central Heat (gas or electric)
Floor Coverings
Carpet
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Carpet, Double pane-low emissivity windows
Year built
1982
Outdoor Features
Above Ground Spa, Inground Pool, Walking Trail
View
No view
Backyard Exposure
South
Lot Size
Inquire
Community Features
Bike Rentals, Clubhouse, Community Hot Tub, Nature Trails/Walking Path, Ocean Access, Public Golf Course, Restaurant(s)
Tax Amount/Year
$5,000
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Bike Rentals, Clubhouse, Community Hot Tub, Nature Trails/Walking Path, Ocean Access, Public Golf Course, Restaurant(s)
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
carport
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
Yes, RULES & REGULATIONS Chapter 5.38 Short-Term Rental Business Regulations defines how these short-term rentals are to operate in town. These rules and regulations include: Short-term rentals shall comply with all applicable codes regarding fire, building and safety, and all other relevant laws and ordinances. Short-term rental units pass an initial inspection by the City prior to permit issuance. Short-term rentals must have a minimum of two (2) off-street parking spaces. All advertising for the short-term rental shall include the City-issued permit number. Short-term rentals will have a minimum stay of two (2) consecutive nights. Minimum renter age of 25 years old. The owner shall ensure that the occupants of the short-term rental do not create unreasonable noise or disturbances, engage in disorderly conduct, or violate any provisions of the law. No outside noise from the short-term rental shall be heard during the quiet hours of 10:00 p.m. to 7:00 a.m. The property owner/manager must respond abate all issues within 30 minutes of a received complaint and ensure there is not a re-occurrence.
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$15.00
Minimum Nightly Rental
30 Days
Rental Length Requirement
Yes , (RULES & REGULATIONS Chapter 5.38 Short-Term Rental Business Regulations defines how these short-term rentals are to operate in town. These rules and regulations include: Short-term rentals shall comply with all applicable codes regarding fire, building and safety, and all other relevant laws and ordinances. Short-term rental units pass an initial inspection by the City prior to permit issuance. Short-term rentals must have a minimum of two (2) off-street parking spaces. All advertising for the short-term rental shall include the City-issued permit number. Short-term rentals will have a minimum stay of two (2) consecutive nights. Minimum renter age of 25 years old. The owner shall ensure that the occupants of the short-term rental do not create unreasonable noise or disturbances, engage in disorderly conduct, or violate any provisions of the law. No outside noise from the short-term rental shall be heard during the quiet hours of 10:00 p.m. to 7:00 a.m. The property owner/manager must respond abate all issues within 30 minutes of a received complaint and ensure there is not a re-occurrence.)
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase The home has been occupied as a primary residence
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$1,500.00
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
$1,000.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$5,000.00
Homeowner's Insurance (Annual)
$1,500.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$50.40
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

RECALCULATE
Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

Additonal Net Revenue Streams

Effective Gross Revenue

Effective Gross Rent

RECALCULATE
Variable Expenses (Annual)
Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

Booking Site Service Fees (%)

Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additonal Nightly Insurance Policy ($ per night)

Additonal Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

RECALCULATE
Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

RECALCULATE
Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

RECALCULATE
Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

RECALCULATE

User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Pacific Sotheby's International Realty, 949-212-5369

The information featured here is supplied by third party resources. In some cases the owner directly will supply the data and in other cases third party listing sources. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the information sourced here is 100% accurate. All users should do their own due diligence and further research before engaging in a property purchase based on the data and information provided here. It is deemed reliable but not guaranteed. In many cases the information may not be verified further than the source that provided it to us. This includes all data and information shown about the properties, locations, regulations and any other details found here. Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here. Images are subject to copyright from owner and photographer. We do not own any of the images provided here. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.