Doheny Properties
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Investment Highlights
- The Doheny Properties is a prime value-add investment to acquire 2.6 acres of vacant land in a highly desirable coastal market of Dana Point.
- Significant development potential to construct a high-end retail destination, restaurant, hotel or motel lodging accommodation, and timeshare.
- Portfolio sale also includes a 2,376-square-foot retail building home to one of the oldest dive shops in SoCal, Beach Cities Scuba Center.
- Highly visible location with frontage on Pacific Coast Highway (PCH), frequented by over 76,000 vehicles per day.
- Prime coastal location bordered by Laguna Beach and San Clemente, blocks away from Doheny State Beach and The Dana Point Harbor.
- Close to major developments such as the Lantern District, Dana Point Harbor Revitalization and Marina Rebuild, and The Strand at Headlands.
Executive Summary
Coldwell Banker is excited to present Doheny Properties, an outstanding 2.82-acre assemblage of land and retail store parcels located along the ocean side of Pacific Coast Highway and Dana Point Harbor Drive in the City of Dana Point, California. One of the parcels currently houses Beach Cities Scuba Center, a 2,376-square-foot freestanding scuba center at 34283 Pacific Coast Highway. These prime parcels are just a short distance from Doheny Beach and Dana Point Harbor.
Please note that the included renders are for conceptual purposes only and have not received city approvals. They illustrate a retail and hospitality development aligned with the city’s current zoning and reflect a 1.75 FAR consistent with the Dana Point General Plan.
This site, comprising five parcels, sits at the heart of Dana Point. The Dana Point Harbor is undergoing a transformative multi-year $500 to $600 million renovation and expansion. This ambitious project includes new commercial and restaurant spaces, a complete redesign of its 2,500 boat slips, and more, further enhancing the area's appeal. The surrounding hospitality infrastructure is bolstered by 1,900 hotel rooms, including prestigious names like the Ritz Carlton and Waldorf Astoria.
Prospective buyers will have the flexibility to develop the property based on the current permitted uses in the specific plan or apply for alternative uses with the City of Dana Point. The property will be sold on an as-is/where-is basis, with no contingencies for planning or zoning approvals, allowing for a straightforward acquisition process.
With its prime location, ongoing harbor developments, and vibrant coastal market, The Doheny Properties stands out as one of the most enticing coastal development opportunities. This is a rare chance to secure a premier site in a flourishing area poised for significant growth. Don't miss out on this exceptional opportunity to create a landmark development in the heart of Dana Point.
Please note that the included renders are for conceptual purposes only and have not received city approvals. They illustrate a retail and hospitality development aligned with the city’s current zoning and reflect a 1.75 FAR consistent with the Dana Point General Plan.
This site, comprising five parcels, sits at the heart of Dana Point. The Dana Point Harbor is undergoing a transformative multi-year $500 to $600 million renovation and expansion. This ambitious project includes new commercial and restaurant spaces, a complete redesign of its 2,500 boat slips, and more, further enhancing the area's appeal. The surrounding hospitality infrastructure is bolstered by 1,900 hotel rooms, including prestigious names like the Ritz Carlton and Waldorf Astoria.
Prospective buyers will have the flexibility to develop the property based on the current permitted uses in the specific plan or apply for alternative uses with the City of Dana Point. The property will be sold on an as-is/where-is basis, with no contingencies for planning or zoning approvals, allowing for a straightforward acquisition process.
With its prime location, ongoing harbor developments, and vibrant coastal market, The Doheny Properties stands out as one of the most enticing coastal development opportunities. This is a rare chance to secure a premier site in a flourishing area poised for significant growth. Don't miss out on this exceptional opportunity to create a landmark development in the heart of Dana Point.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access |
Annual |
---|---|
Gross Rental Income | $99,999 |
Other Income | $99,999 |
Vacancy Loss | $99,999 |
Effective Gross Income | $99,999 |
Net Operating Income | - |
Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Other Income | |
---|---|
Annual | $99,999 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Net Operating Income | |
---|---|
Annual | - |
Property Facts
Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
Sale Type | Investment | Total Building Size | 2,376 SF |
Status | Active | Total Land Area | 2.82 AC |
Number of Properties | 2 |
Sale Conditions | Bulk/Portfolio Sale |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 2,376 SF |
Total Land Area | 2.82 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Beach Cities Scuba Center
34283 Pacific Coast Hwy, Dana Point, CA 92629 |
Retail | 2,376 SF | 1983 | - |
The Doheny Parcels
34311 South Coast Hwy, Dana Point, CA 92629 |
Land | 2.61 AC | - | - |
Sale Advisors
Ryan Shippy, Sales Associate
(949) 690-8202
Contact
Ryan Shippy is a dynamic real estate professional who has successfully transitioned from general contracting to brokerage. With close to half a decade of experience managing high-end commercial and residential renovations, Ryan has overseen $4.5 million dollars in renovation and construction projects on properties valued over $250 million. His background in general contracting allows him to effectively connect with developers and builders, facilitating successful sales transactions and ensuring their projects come to fruition. Ryan has successfully passed the CA General B Building Contractor's license exams (License. # 1127186) and holds REFM Levels 1, 2, and 3 certifications with distinction.
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