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Mike Jones

mikejonessandiegorealtor@gmail.com +1(480) 326-9233

$490,000

Est. payment - /mo

1 Bed

1 Bath

936 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $523

MLS Listing ID TR26118076

Bedrooms 1

Full Baths 1

HOA Fees $628/mo

Year Built 1991

Lot Size 1.999 Acres

Property Sub-Type Condominium

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

Direction Bake Pkwy & Lake Forest Dr

Interior

Interior Features Pantry, Recessed Lighting

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Carpet, Tile

Fireplaces Type FP in Living Room, Gas Starter

Fireplace No

Appliance Dishwasher, Microwave, Gas Range

Laundry Gas, Washer Hookup

Exterior

Parking Features Assigned, Garage Door Opener

Garage Spaces 1.0

Pool Below Ground, Association

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available, Sewer Connected

Amenities Available Call for Rules, Gym/Ex Room, Playground, Pool

View Y/N Yes

Water Access Desc Public

View Pool

Roof Type Tile/Clay

Accessibility Doors - Swing In

Porch Patio, Wood

Total Parking Spaces 1

Building

Story 2

Sewer Public Sewer, Sewer Paid

Water Public

Level or Stories 2

Others

HOA Name Tuscany at Foothill Ranch

HOA Fee Include Exterior (Landscaping),Limited Insurance,Trash Pickup,Pest Control

Senior Community No

Tax ID 93911635

Acceptable Financing Cash, Conventional, Exchange, Submit

Listing Terms Cash, Conventional, Exchange, Submit

Special Listing Condition Standard

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Listed by Steven Cheng, DRE#01262684 Re/Max Champions

Nearby School & Business

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Mike Jones

+1(480) 326-9233

Agent | CA BRE #01094232

Agent CA BRE #01094232

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19431 Rue De Valore #39D Lake Forest, CA 92610

Mike Jones

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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