33372 Cheltam Way, Dana Point, CA 92629

• 5 beds |
• 4 baths

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 Californias most sought-after rental markets.

Listing Status:

Active

Date Added:

May 14, 2026

Data Last Updated:

May 20, 2026 at 6:11PM

Listing Office:

Morgan Skenderian : 949-251-8800

Listing Agent:

Michael Arp : 714-262-8992

MLS ID:

PW26105826

Exterior

• Pool: N/K

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Orange

Lot

• Zoning: Public Rec93947090

Financial

• Source: California Regional MLS