33472 Cheltam Way, Dana Point, CA 92629

Cheltam Apartments offers a prime value-add investment opportunity in the coveted coastal community of Dana Point, CA. Situated on a massive 25,700 square foot lot with ADU potential, this four-unit multifamily property includes two one-bedroom units and two two-bedroom units, all recently renovated with modern amenities. The property's desirable location, combined with below-market current rents, provides substantial upside potential through strategic property enhancements and rent optimization. With 8 surface parking spaces and 4 garages, Cheltam Apartments appeals to a broad tenant base, attracting young professionals, families, and retirees, ensuring robust demand for rental properties.