Discover unparalleled coastal living in the heart of the Lantern District of Dana Point with this exceptional four-unit property, perfectly situated to offer breathtaking ocean views from the penthouse as well as from two of the other units. This well maintained four-unit complex combines updated units, comfort, and the serene beauty of seaside living, making it an ideal investment opportunity or private retreat. The two bedroom, two bath penthouse (unit D) features an open concept living space flooded with natural light, accentuating the panoramic ocean and city lights vistas visible through oversized windows in the living room and on the large private deck. The gorgeous bathroom on the main floor has been fully renovated, featuring sleek finishes that provide functionality and elegance as well as washer/dryer hookups for stackable laundry. The spacious bedrooms offer the ultimate in relaxation and the practical kitchen is equipped with high-end smart appliances, plenty of storage and counter space. The penthouse unit also offers a second full bath downstairs as well as incorporates a converted garage space. Units A & B are mirror images of each other, with two levels and two bedrooms, one- and one-half baths each. They offer open concept living spaces, personal balconies, and ocean views from one of the bedrooms. Both units have been updated with quartz countertops in both bathrooms and the kitchen. Unit C is a loft studio with floor to ceiling windows allowing in amazing natural light and has also been updated with quartz counters in the kitchen and on the vanity. Set on a prime piece of coastal real estate, this property has a laundry room on site and offers ample parking with 5 garages and driveways. This property is street to street, features low maintenance landscaping and offers easy access to nearby beaches, shops and dining. Imagine waking up to stunning sunrises each day and ending the day with the glow of the sunset off the water! Whether you’re seeking a lucrative income-generating property or a stunning home with rental potential, this ocean-view gem is a rare find.