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Listed by Gregg Perrah • First Team Real Estate
$1,394,500
Est. payment /mo
8,050 Sqft Lot
New
24516 Saturna DR Mission Viejo, CA 92691
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25121456
Year Built 1969
Lot Size 8,050 Sqft
Source California Regional MLS
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
Heating Central Forced Air
Cooling Central AC
Laundry In Garage
Exterior
Parking Features Garage, Other
Garage Spaces 2.0
Pool 31, None
View Hills
Building
Story One Story
Water District - Public
Others
Tax ID 61913106
Special Listing Condition Not Applicable
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