This alphanumeric string represents a specific location. The numerical component, 34675, is a street address. “Golden Lantern” signifies the street name. “Dana Point” indicates the city, “CA” the state of California, and “92629” the postal code assigned to that area.
The significance of such a designator lies in its capacity for precise geographic identification. It allows for efficient mail delivery, emergency services dispatch, and navigation. Knowing this allows for efficient location of services and/or buildings within the specified area. Historically, postal addressing systems evolved to meet the growing need for accurate communication and logistics as populations and commerce expanded.