Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    34132 Selva Rd, Unit 252 Dana Point, CA 92629

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,249,000

    Updated 2-bedroom condo near Strands Beach, perfect for coastal living.

    Property size:
    1,022 SF

    Property Features for 34132 Selva Rd

    General Information

    Size
    1,022 SF

    Building Details

    Year built
    1983

    We can help!

    Listing Contact
    Grande
    Source: Kw

    Listing Agent: Grande

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Updated Corner Unit Near Strands Beach

    Located steps from Strands Beach in Dana Point, this updated ground-level corner unit offers 2 bedrooms and 2 bathrooms within 1,022 square feet of living space. Situated in a front-row building within the Niguel Beach Terrace community, the condo features an open floor plan with travertine tile floors, a fireplace, and large windows. The living area extends to a covered patio, facilitating indoor-outdoor living. The kitchen is equipped with granite countertops, stainless steel appliances, and white cabinetry. The primary suite includes an en suite bath and access to the main patio, while the secondary bedroom features a private patio and custom wardrobe doors. Interior laundry is included. The property is suitable as a primary residence, vacation home, or investment opportunity. It has two private outdoor patios and convenient access to walking trails, resorts, shops, restaurants, and Dana Point Harbor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dana Point
    County
    Orange
    State
    California
    Longitude
    -117.712063
    Latitude
    33.467214

    Nearby Similar for Sale

    • $4,350,000
      5,279 SF

      Dana Point Town Center Building

      Newer building in the heart of Town Center Dana Point.
      24691 Del Prado, Dana Point, CA 92629
      View Details
    • New
      $2,595,000
      Pending

      Dana Point Quadplex with Ocean View

      Dana Point quadplex featuring ocean views and a four-car garage.
      33856 Pequito Dr, Dana Point, CA 92629
      View Details
    • New
      $2,250,000
      Pending

      Upgraded Duplex in Lantern District

      Upgraded multi-unit property near harbor, beaches, and coastal amenities.
      33841 Robles Dr, Dana Point, CA 92629
      View Details
    • $6,975,000
      50,041.00 Acres

      Rare Development Parcel in Dana Point

      1.15-acre trophy development parcel in coveted beachfront location.
      34650 Pacific Coast Hwy, Dana Point, CA 92624
      View Details
    • $3,700,000
      0.15 Acres

      Dana Point Premier Investment Property

      Prime location with long-term lease and national credit tenant.
      25825 Las Vegas Ave, Dana Point, CA 92624
      View Details
    • $1,395,000
      1,685 SF

      Remodeled Ocean-View Townhome in Dana Point

      Stunning 3-bedroom townhome with ocean views and premium upgrades.
      24572 Harbor View Dr, Dana Point, CA 92629
      View Details
    • $1,295,000
      1,650 SF

      Upgraded Coastal Condo with Ocean Views

      Renovated 4-bedroom condo with ocean views and community amenities.
      24612 Harbor View Dr, Dana Point, CA 92629
      View Details
    • $657,000

      Renovated Condo Near Doheny Beach

      Updated Harbor Creek condo with private beach access in Dana Point.
      33852 Del Obispo St, Dana Point, CA 92629
      View Details
    • $879,000
      1,130 SF

      Luxury Guard-Gated Community Home

      Two-bedroom home with private beach access and resort-style amenities.
      16 Corniche Dr, Dana Point, CA 92629
      View Details
    • $699,000

      Charming Condo in Lantern District

      Ideally located 1-bedroom condo in Dana Point's vibrant Lantern District.
      24482 Lantern Hill Dr, Dana Point, CA 92629
      View Details
    • $1,038,000

      Coastal Townhome with Ocean Views

      Stunning 2-bedroom townhome in Dana Point with ocean views.
      33611 Dana Vista Dr, Dana Point, CA 92629
      View Details
    • $849,000
      701 SF

      Coastal Condo Near Strands Beach

      Remodeled 1-bedroom condo near Strands Beach with modern amenities.
      34014 Selva Rd, Dana Point, CA 92629
      View Details

    FAQs

    What type of property is this?
    Single family property - Updated 2-bedroom condo near Strands Beach, perfect for coastal living.
    Where is this single family property located?
    The property is located at 34132 Selva Rd, Unit 252 Dana Point, CA.
    What is the asking price?
    The asking price for this property is $1,249,000.
    What are key features of this property?
    This property features: - Steps from Strands Beach in Dana Point.; - Ground-level corner unit in a front-row building.; - Two private outdoor patios for indoor-outdoor living.
    (949) 973-6914
    Request Owner's contact information
    34132 Selva Rd, Unit 252 Dana Point, CA 92629
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    34132 Selva Rd, Unit 252
    Dana Point, CA 92629
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34132 Selva Rd, Unit 252 Dana Point, CA 92629
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Grande
    (949) 973-6914
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.