This well-maintained 4-unit apartment complex, built in 1972, features significant recent capital improvements, including new HVAC systems (2 units), a refurbished main sewer line and is fully SB721 compliant with new stairs, decks and railings. Select units have received significant upgrades to the interiors all contributing to long-term stability and reduced maintenance risk. With a desirable unit mix dominated by spacious two-bedrooms and projected upside of 29%, this property stands out as a turnkey opportunity with obtainable upside in one of Orange County’s most sought-after coastal markets.
Located just minutes from the vibrant Lantern District and the newly revitalized Dana Point Harbor, 33972 Alcazar Drive offers the ideal blend of coastal lifestyle and strong investment appeal. Residents enjoy effortless access to Dana Point’s best entertainment, boutique shopping, acclaimed dining, and year-round outdoor activities from harbor walks and beaches to community festivals and waterfront recreation.
The income description goes here to explain
| List Price | $2,535,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1972 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 68225414 |
| MLS # | PW25271422 |
| Property ID | 322435041 |
| Lot Sqft | 5,117 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 43 |
| Original List Price | $2,535,000 |
| Date Updated | December 05, 2025 |
| Date Created | November 12, 2025 |
Rick Applebaum an agent of Morgan Skenderian. Lic #01273871
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 05, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT