24871 Sherwood Way, Dana Point, California 92629, Dana Point, - bed, bath

home-pic
ACTIVE$1,998,000
24871 Sherwood Way, Dana Point, California 92629
0Bed
0Bath
3,174Sqft
20,496Lot
Year Built
1976
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25244138
Home ConditionFair
Features
Deck
View-

About this home

Great Income Opportunity! Located in the heart of Dana Point, within walking distance of Dana Hills High School, the Dana Point Harbor, dining, shopping, and entertainment.  Two units hosting 2 bedrooms, 2 bathrooms, and a den (often used as a third bedroom). One unit with 2 bedrooms and 1 bathroom. Each unit includes its own single-car garage and assigned parking space. The driveway was resealed and striped in April 2024. All units have washer/dryer hookups, individual water heaters, and private outdoor spaces—either a yard or a deck. Perfect income proeprty for investors or multi-generational living.  Tri-plex has three separate APN ( 939-471-69 ) (939-471-70) and (939-471-71)

Nearby schools

5/10
Richard Henry Dana Elementary School
Public,K-50.8mi
5/10
Del Obispo Elementary School
Public,K-51.1mi
9/10
John Malcom Elementary School
Public,K-51.4mi
6/10
Marco Forster Middle School
Public,6-81.2mi
8/10
Dana Hills High School
Public,9-120.2mi

Price History

Date
Event
Price
10/21/25
Listing
$1,998,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot3,1742,460
86%
Lot Size20,4965,619
86%
Price$2M$1.95M
57%
Price per square foot$629$658
14%
Built year19761976
50%
HOA
Days on market15120
14%
Condition Rating
Fair

Built in 1976, this triplex shows its age with dated interiors. The kitchen features older white appliances, dated light wood cabinets, and laminate/vinyl flooring. Bathrooms also exhibit older fixtures, vanities, and tile work. While the exterior appears maintained (including a recently resealed driveway), and the property is functional, the overall style and components are significantly outdated, indicating no major renovations in the last 20-30 years. It requires minor updates to meet current aesthetic standards but is move-in ready.
Pros & Cons

Pros

Prime Coastal Location & Walkability: Located in the heart of Dana Point, within walking distance of Dana Hills High School, the Dana Point Harbor, dining, shopping, and entertainment, offering high tenant appeal and potential for appreciation.
Strong Income-Generating Potential: Explicitly marketed as a 'Great Income Opportunity' and 'Perfect income property' with a versatile triplex configuration (two 2B/2B+den, one 2B/1B), ideal for investors or multi-generational living.
Individual Unit Amenities & Privacy: Each unit boasts its own single-car garage, assigned parking, washer/dryer hookups, individual water heaters, and private outdoor spaces (yard or deck), enhancing tenant satisfaction and reducing landlord burden.
Separate APNs for Each Unit: The triplex features three separate Assessor's Parcel Numbers (APNs), providing significant flexibility for future strategies such as potential individual unit sales or easier financing options.
Substantial Lot Size: With a generous lot size of 20,496 sqft, the property offers potential for expansion, additional units (subject to zoning), or enhanced outdoor living spaces, adding long-term value.

Cons

Age of Property: Built in 1976, the property's age suggests potential for outdated systems (plumbing, electrical) and higher maintenance costs compared to newer constructions, despite recent driveway resealing.
Lack of Explicit Interior Renovation Details: While exterior maintenance is noted, the description does not highlight significant interior modernizations (kitchens, bathrooms), which for a 1976 build could mean dated aesthetics and functionality, potentially impacting rental income or requiring future capital investment.
Absence of Central Cooling System Mention: There is no mention of a central air conditioning system, which could be a drawback for tenants during warmer months and is a common amenity in competitive rental markets.

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