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$2,150,000
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Property Description
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.
Full Property Details
Full Property Details for 33372 Cheltam Way
General
- Sold For: $2,150,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26105826
- Added to Site: 103 day(s) ago
Interior
- Interior Features: Balcony, Ceiling Fan(s)
Rooms
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: DH - Dana Hills
- County: Orange
- Development Name: DH - Dana Hills
- Driving Directions: North of Stonehill Drive and East of Golden Lantern Street
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Street
- Square Feet: 4,424
- Year Built: 1977
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.3017
- Lot Size Source: Assessor
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $485.99
- Price Per Unit: 648750
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Schools
Schools serving 33372 Cheltam Way
School District:Capistrano Unified School District
| Name | Grades | Distance |
|---|---|---|
Del Obispo Elementary School 25591 Camino Del Avion, San Juan Capistrano, CA 92675 | K-5 | 1.2 mi |
Marco Forster Middle School 25601 Camino Del Avion, San Juan Capistrano, CA 92675 | 6-8 | 1.2 mi |
Dana Hills High School 33333 Golden Lantern, Dana Point, CA 92629 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 33372 Cheltam Way
Date
Details
Price
Change
Source
8/21/2026
Sold
$2,150,000
-17.15%
MLS
5/15/2026
Listed
$2,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
33372 Cheltam Way, Dana Point, CA 92629 (MLS# PW26105826) is a Multi-Family property that was sold at $2,150,000 on August 21, 2026. This property was sold by Cullen McKeown from our Dana Point/San Clemente Office.Want to learn more about 33372 Cheltam Way? Do you have questions about finding other Multi-Family real estate for sale in Dana Hills? You can browse all Dana Hills real estate or contact a Coldwell Banker agent to request more information.


