24691 Del Prado Ave
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24691 Del Prado Ave
6,092 SF 100% Leased Retail Building Dana Point, CA 92629 $4,999,900 ($821/SF)
Investment Highlights
- Heavy Daytime foot traffic
- Open plan with unique architecture and great modern style!
- Town Center Dana Point
- Lots of natural light
- Room for good rent increases
- Great Walkability score
Executive Summary
Pride of ownership, newer building in the heart of Town Center Dana Point! 5,279 gross building area with 13 parking spots and 1 ADA spot behind the building and 4-5 spots o the street in front. Elevator serviced, first class property. Unit 101 is approx 527 sqft and operates as a Spa. Suite 102 is currently a hair salon with 764 approximate sqft. The top floor of approx 3,200 sqft is operating as an architectural firm at present. Town Center zoning allows retail & restaurant on the first level, residential or office on the 2nd level (possibly restaurant) and residential or office on the 3rd level, if you were to expand up. Maximum height limit is 40 feet high. This is one of the most architecturally interesting & beautiful buildings in the entire city!! Current tenants are on month to month at present but all would like to stay on and negotiate longer lease terms.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,092 SF
Building Class
C
Year Built
2002
Price
$4,999,900
Price Per SF
$821
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.67
Land Acres
0.21 AC
Zoning
Town Center - Town Center Dana Point Zoning. you can build 40 feet high, Retail/restaurant on the 1st floor and office/residential on the 2nd and 3rd floors.
Parking
20 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
82 FT on Del Prado Ave
Amenities
- Security System
- Wheelchair Accessible
- Air Conditioning
- Balcony
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (74)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 682-323-14 | Total Assessment | $1,398,401 (2023) |
| Land Assessment | $539,268 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $859,133 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
682-323-14
Land Assessment
$539,268 (2023)
Improvements Assessment
$859,133 (2023)
Total Assessment
$1,398,401 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
-
Mike Lovullo -
Lantern Bay Realty
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24691 Del Prado Ave
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