Introducing a remarkable investment opportunity in the coveted Lantern Village of Dana Point, this 5-plex presents an ideal prospect for discerning buyers seeking a prime property in a highly sought-after coastal community. The property has an assumable loan currently at 3.15%. Boasting a total area of 4,324 sqft situated on a spacious 5,663 sqft lot, this multifamily residence offers an excellent location, convenience, and upside potential. Strategically positioned in a prime location less than a mile from the pristine beaches of Dana Point and next to the newly redeveloped downtown area called The District, this property offers tenants unparalleled access to the coastal lifestyle that this city is renowned for. The idyllic Lantern Village setting places residents within effortless reach of the Dana Point Harbor and The District downtown allowing for seamless enjoyment of the picturesque marina, water activities, and an array of charming shops and dining establishments. The 5-plex comprises a configuration of five individual units, catering to a diverse range of tenant needs. Among them, two units feature a 1 bed and 1 bath configuration, offering an ideal living space for individuals or couples seeking a cozy abode near the beach. Additionally, one unit presents an appealing 1 bed and 1.5-bath arrangement and two nicely sized units with 3 beds and 1.5 baths, perfect for those seeking more spacious accommodations. With its captivating location, this property presents an exceptional opportunity for investors seeking to capitalize on the high demand for coastal living and current renovation of downtown and the Dana Point Harbor. Don't miss the opportunity to own this remarkable 5-plex in Lantern Village, Dana Point.