See all 12 photos
12 photos
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
$490,000
Est. payment /mo
1 Bed
1 Bath
2 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26118783
Bedrooms 1
HOA Fees $628/mo
Lot Size 1.999 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to acquire a turn-key income property in the highly desirable gated community of Tuscany at Foothill Ranch. This property is ideally suited for investors seeking stable cash flow, a reliable tenant, and minimal maintenance expenses. Investment Highlights: 1.Below-market asking price for quick sale. 2.Positive cash flow potential. 3. Extensive recent renovations completed.4. Low-maintenance, turn-key investment opportunity. 5. Strong rental demand in a highly sought-after community. The condo is currently leased through September 30, 2026, providing immediate rental income from day one. The existing tenant has an excellent payment history, having never paid rent late, and maintains stable employment and reliable income. The tenant would like to remain long-term, offering investors continuity and reduced vacancy risk. The owner completed extensive renovations throughout the property last year, allowing a new owner to enjoy a truly turn-key investment with no immediate upgrade or remodeling costs. Improvements include a fully remodeled kitchen and bathroom, new flooring, fresh interior paint, updated cabinetry, quartz countertops, and stainless-steel appliances. This immaculate upper-level end-unit features a spacious 1-bedroom, 1-bath floor plan plus a versatile loft/den that can easily function as a second bedroom, home office, or guest suite. 1 covered carport. Soaring ceilings, abundant natural light, and an open-concept layout create an attractive living environment that appeals to quality tenants.The primary suite offers a walk-in closet and dual-sink ba
Location
State CA
County Orange
Zoning Assessor
Direction Bake Pkwy & Lake Forest Dr
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Pool Below Ground
Utilities Available Sewer Connected
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Others
HOA Name Tuscany at Foothill Ranch
HOA Fee Include Limited Insurance,Trash Pickup
Senior Community No
Tax ID 93911635
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Read Less Info
Listed by Steven Cheng, DRE#01262684 Re/Max Champions
Nearby School & Business
Get More Information
