REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Aug

Tue

Aug

Wed

Aug

Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,394,500

Est. payment - /mo

8,049 Sqft Lot

Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Mission Ridge Central (Ri)

MLS Listing ID NP25121456

HOA Y/N No

Year Built 1969

Lot Size 8,049 Sqft

Property Sub-Type Single Family Residence

Property Description

A truly hands off investment! Over 10 years left on a 15 year lease. However the new owner can take back the property on October 1st 2025, and/or move the current tenant out and lease as single family home at current market rents.
The Purchase is Subject to the existing lease. Tenant pays all utilities, all routine maintenance, and all repairs up to $1,500 per occurrence.

This is a Beautiful property in a great, upscale neighborhood. RARE Single-Story 6 Bedroom / 4 bathroom home. Lease is currently $5,412 per month until Sept 2025 and then goes up to $5,520 and 2% per year for the term of the lease.

The tenant operates a senior care home within the property and must maintain a clean, safe environment with all systems of the home in proper working condition. There is a hold-harmless agreement in place between tenant and landlord. THIS IS A GREAT 10-31 EXCHANGE PROPERTY!
Call now for more information.

Location

State CA

County Orange

Area Ms - Mission Viejo South

Interior

Interior Features Bedroom on Main Level, Main Level Primary

Heating Central

Cooling Central Air

Fireplace No

Laundry In Garage

Exterior

Parking Features Driveway, Garage Faces Front, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Park, Storm Drain(s), Street Lights, Sidewalks

View Y/N Yes

View Hills

Accessibility Customized Wheelchair Accessible, Safe Emergency Egress from Home, Grab Bars, No Stairs, Accessible Doors, Accessible Entrance

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 61913106

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Read Less Info

Listed by Gregg Perrah First Team Real Estate 949-836-0333

Have questions about this property, other properties, or thinking of selling a similar one? We’re here to help. Simply complete the GET MORE INFORMATION form, and we’ll be in touch shortly!

+1(818) 221-2921

info@1visionproperties.com

GET MORE INFORMATION

QUICK SEARCH

24516 Saturna DR Mission Viejo, CA 92691