Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 33966 Alcazar Drive, a 4-unit multifamily investment property located in Dana Point, one of the premier coastal housing markets in Southern California.
Constructed in 1972, 33966 Alcazar Drive consists of one- and two-bedroom floor plans and includes amenities such as open and garage parking, a private patio (select unit), and on-site laundry. Unit D has recently been renovated and now features shaker-style cabinets, a full appliance package with a dishwasher included, ceiling fans, and vinyl plank flooring.
The unique seaside city of Dana Point is located in south Orange County and is bordered by Laguna Niguel, Laguna Beach, San Juan Capistrano, San Clemente, and the Pacific Ocean. Just minutes from Pacific Coast Highway, 33966 Alcazar Drive offers residents convenient access to beaches, boutique shops, and renowned restaurants. With an average income of $138,170 (16% higher than the Orange County average) and 80% of residents holding a college degree (19% more than Orange County), Dana Point is hands down one of the most prestigious neighborhoods in all of Orange County. The property’s prime location attracts a wide range of renters.
Given the fantastic location and strong demographics, 33966 Alcazar Drive is well suited to provide investors with strong returns and value appreciation over the long term investment horizon.