Home | Orange County | Dana Point | 92629 | 33372 Cheltam Way
MLS: CRPW26105826 | Status: Active | Price: $2,595,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 13,144 | 1977 |
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 also assigned one garage parking space along with an additional open space, adding convenience and value. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. With solid fundamentals and clear upside potential, 33372 Cheltam Way represents an excellent value-add opportunity for investors seeking to enhance rents and maximize returns. The motivated seller further strengthens the appeal of this offering, making it a compelling acquisition in one of Southern California’s most sought-after rental markets.
| Field | Value |
|---|---|
| MLS # | CRPW26105826 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Michael Arp | Rick Applebaum |
| Morgan Skenderian | Morgan Skenderian |
| License #: 01488586 | License #: 01273871 |
| Phone: – | Phone: – |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 32301 Alipaz | $2,700,000 | – | – | – | Active |
| 33752 Granada | $2,650,000 | – | – | – | Active |
| 34464 via Verde | $2,399,000 | – | – | – | Contingent |
| 34032 Ruby Lantern | $2,849,000 | – | – | – | Contingent |
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This listing information is up-to-date as of May 15, 2026. For the most current information, please contact Michael Arp.