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34051 Silver Lantern StreetDana Point, CA 92629

For Sale

$1,950,000

Smart Buyer Rebate $19,500

Super duplex opportunity in the heart of Lantern Village, Dana Point! This property features a 3-bedroom, 2-bathroom upper unit all on one level, and a 2-bedroom, 2-bathroom lower unit, also all on one level. Both units include fireplaces in the living rooms and ceiling fans. The upper unit offers vaulted ceilings and a peek-a-boo ocean view from the deck. The 3-bedroom unit comes with a 2-car garage, while the 2-bedroom unit has a single-car garage. Both garage doors have been replaced and include remote openers. Each unit has inside laundry hook-ups.

The upstairs unit has been fully remodeled, making it ideal to rent at top market rates or as a prime opportunity for an owner-occupied duplex, paired with a very stable long-term tenant downstairs. Major upgrades were completed in December 2020, including new windows, decking, roof, exterior paint, and gutters.

Located close to Downtown Dana Point, shopping, restaurants, parks, the harbor, beaches, and the ocean. Also convenient to public transportation, freeway access, and the train station. The lower unit is occupied by a long-term, reliable, and friendly tenant who is paying below market rent.

Additional upside: potential to add two ADUs without extensive city approvals (buyer to verify with the City).

Listed by Ilona Nanda

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License #01092875

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Coorg Realty

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714-920-8810

Last updated March 04, 2026

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Source: CRMLS #PW26046795

Listing Facts

  • TypeMulti-family
  • NeighborhoodLantern Village
  • Days on Prevu14

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/03/2026
Listed by Coorg Realty
$1,950,000

Property Details for 34051 Silver Lantern Street

Association

Amenities

  • Community Features: Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1977
  • Common Walls: No Common Walls
  • Entry Level: 12
  • Entry Location: Silver Lantern Street

Features

  • View: Ocean

Measurements

  • Building Area Total: 2,412
  • Building Area Units: Square Feet
  • Lot Features: Sloped Down, Landscaped, Rectangular Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 3,964
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,964
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $96,600.00
  • Operating Expense: $26,600.00

Taxes

  • Parcel Number: 68229218

Interior

Features

  • Fireplace Features: Family Room, Living Room
  • Fireplace: Yes
  • Interior Features: Balcony, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Bedroom On Main Level, Main Level Primary

Other

Location

  • Subdivision Name: Lantern Village Central (LDC)
  • Tax Block: 11
  • Tax Lot: 18

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Total: 2

Utilities

Equipment

  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 34051 Silver Lantern Street.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 34051 Silver Lantern Street.

How does 34051 Silver Lantern Street compare to other multi-family homes in Lantern Village?

This multi-family home is listed 11% below the average price for multi-family homes in Lantern Village and has been on the market for 54 less days than the typical home in this area.

34051 Silver Lantern Street is a -bedroom multi-family home for sale in Dana Point CA 92629. On Prevu for 14 days at $1,950,000. This residence is located in Lantern Village. The median listing price for multi-family homes in this area is $1,815,000. The home offers parking. Explore more multi-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.