34215 Doheny Park RdDana Point, CA 92624

Property Details for 34215 Doheny Park Rd

Year built

1928

Lot size

0.18 AC

Property size (Sq ft)

2,256 SF

Property type

Retail properties

Property subtype

Retail space

APN

668-341-03

APU

66834103

Description

This exceptional investment opportunity presents a thriving multi-tenant retail property located at 34215 Doheny Park Rd, Dana Point, CA 92624, within Orange County. The property, encompassing 2,200 to 2,300 square feet, is currently operating as a successful commercial establishment featuring a bar, restaurant, and sports bar. The property is zoned COM-NEC, offering flexibility for future uses within the permitted zoning guidelines. The sale includes a leaseback agreement, providing a secure income stream for the investor. This presents a unique chance to acquire a well-established business in a desirable coastal location. The property's three tenants contribute to a robust revenue stream, making it an attractive investment for those seeking a stable and profitable venture. The APN is 668-341-03. This is a rare opportunity to own a piece of Dana Point's vibrant commercial landscape, offering both immediate income and long-term growth potential. The property's prime location and established tenant base make it an ideal investment for experienced commercial real estate investors seeking a strong return on investment. The sale is structured as a sale for leaseback, ensuring a consistent cash flow for the buyer. This turnkey operation requires minimal effort to maintain its current success. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $695,154

  6.5%

  $641,681

  7%

  $595,846

• Comparable approach

  Method

  Valuation

  Relative Method

  $920,101

  Geo Method

  $2,000,992

• Alternative Use

  Use

  Valuation

  Residential

  $541,282

  Hospitality

  $495,811

  Educational

  $412,509

  Medical

  $426,696

  Retail

  $641,681

Location Insight

City

Dana Point

County

Orange

State

California

Latitude

33.4662

Longitude

-117.678

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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