Situated in the highly sought-after Lantern District of Dana Point, this well-positioned triplex offers an exceptional opportunity to invest in a highly desirable coastal community! Located just moments from Doheny State Beach, the vibrant Dana Point Harbor, boutique shopping, unique dining, and more. This property features two side-by-side, townhouse-style units in the back, each thoughtfully designed with identical two-level floor plans offering 2 bedrooms and 1.5 bathrooms. The main living areas and a convenient half bath are located on the lower level, while upstairs discover two bedrooms connected by a Jack-and-Jill bathroom. The back two units also include a spacious private backyard patio and direct access to an attached one-car garage. At the front of the property is a 1 bedroom, 1 bathroom unit showcasing vaulted ceilings and an open-concept layout. Whether you are seeking an income-producing asset or the flexibility to live in one unit while renting the others, this triplex presents an incredible opportunity to own in a premier coastal location!