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14 Corniche Drive #A, Dana Point, CA 92629

$494,000 Sale Pending

  • For Sale
  • Pending
  • Condo / Townhouse
  • 2 Beds
  • 2 Full Baths
  • 1,200 Sq. Ft.
  • Updated 4 days ago
14 Corniche Drive #A, Dana Point, CA 92629 View this property at 14 Corniche Drive #A, Dana Point, CA 92629
14 Corniche Drive #A Dana Point CA 92629

Property Description

A rare opportunity presents itself in this legal conforming & permitted weekly Dana Point vacation rental property. This beach close 2 bedroom ground floor condo is currently being used as a weekly & monthly vacation rental. You can purchase it fully furnished (pots, pans, furniture & all) as a vacation rental or you can purchase it unfurnished to live in, or any combination of the two. This is a great opportunity for someone interested in purchasing a property & personally occupying it for a portion of the year & renting it out as a vacation rental the balance of the year. It has an average of 9 months occupancy per year. The gross income from these 9 months is approx. $36,000. This revenue is a combination of summer weekly vacation
rentals & winter monthly vacation rentals. The owner is willing to share the financial statements with serious interested parties only. The property is being professionally managed by a local top notch vacation rental property management firm that is willing to continue to manage it for you. The property is permitted by the City of Dana Point & the Monarch Hills Home Owners Association for use as a weekly vacation rental. The Monarch Hills Home Owners Association CC & R's specifically permit weekly rentals within its condominium community.

Full Property Details for 14 Corniche Drive #A

  • Price: $494,000
  • Status: Pending
  • Type: Condo /Townhouse
  • MLS ID: OC16713026
  • Updated: 12/1/2016
  • Added: 48 day(s) ago

Property History

  • 14 Corniche Drive #A, Dana Point, CA
  • Listed at $494,000 on 10/19/16

Interior

  • Rooms/Areas: All Bedrooms Down, Living Room, Walk-In Closet
  • Fireplace: Yes
  • Fireplace(s): Living Room
  • Eating Areas: Dining Room

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Closet

Additional Information

  • Shared Amenities: Pool, Spa, Gym/Exercise Room, Clubhouse, Dues Paid Monthly, Guard
  • Pool Description: Association, In-Ground
  • Spa Description: Association

Parking

  • Carport Spaces: 1

Location

  • County: Orange
  • Subdivision: Monarch Hills Condos (MHC)
  • Driving Directions: Niguel/Ritz Pointe/Del Avion

School Information

  • School District: Capistrano Unified
  • Elementary School: Malcom
  • Middle School: Marco Forester
  • High School: Dana Hills

Community

  • Community Features: Sidewalks

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Paid
  • Water: Public

Structural Information

  • Structure Type: Condominium
  • Common Walls: 2 Common Walls (or More), End Unit
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,200
  • Year Built: 1989
  • Year Built Source: Assessor

Lot Features

  • Property View: None
  • Lot Description: Planned Unit Development

Financial Considerations

  • Price Per Sq. Ft.: $411.67
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Standard
  • Inclusions: A great opportunity to own and live less than 5, 000 feet from the world famous Southern California Salt Creek beach. Live your dream. Live at the beach.

Listed by The Immel Team, John Rennie

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Estimate the Cost

14 Corniche Drive #A will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

14 Corniche Drive #A, Dana Point, CA 92629 (MLS# OC16713026) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 14 Corniche Drive #A is currently listed for $494,000 and was received on October 19, 2016. Want to learn more about 14 Corniche Drive #A? Do you have questions about finding other Condo / Townhouse real estate for sale in Monarch Beach? You can browse all Monarch Beach real estate or contact a Coldwell Banker agent to request more information.

Listed by The Immel Team, John Rennie

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