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Listed by Stephanie Gutierrez, DRE #02036983 • HT Real Estate Investments Inc
$529,000
Est. payment /mo
2 Beds
2 Baths
916 SqFt
Active
20702 El Toro Unit 233 Lake Forest, CA 92630
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Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 916 sqft
Price per Sqft $577
MLS Listing ID CRPW26069504
Bedrooms 2
Full Baths 2
HOA Fees $424/mo
Year Built 1980
Lot Size 8.315 Acres
Property Sub-Type Condominium
Source California Regional MLS
Property Description
Welcome to Unit 233 at 20702 El Toro Road a spacious upper-level 2 bedroom and 2 bathrooms condo nestled in the serene, resort-style community of Pheasant Creek in Lake Forest. Situated across from the Aliso Creek Trail and just minutes from shops, restaurants, and services, this is one of the most sought-after condo communities in all of Orange County. This bright and airy upper-level unit offers nearly 1,000 sq ft of comfortable living with an open floor plan, vaulted ceilings, a private balcony with laundry access, and a generous layout featuring two full bedrooms and two bathrooms ideal for tenants and investors alike. Community amenities include multiple pools, spa, basketball courts, tennis courts, and garage parking, all wrapped in lush landscaping with peaceful running streams throughout. Perfectly positioned near top-rated schools , freeway and toll road access, golf courses, medical offices, shopping, and dining this location checks every box for sustained, long-term rental demand. The Investment Highlight: Tenant just renewed a new one-year lease at $2,000/month that's $24,000 in guaranteed annual rental income from day one. Zero vacancy. Zero hassle. This is the definition of a plug-and-play cash-flowing asset in a high-demand Orange County market. Whether yo
Location
State CA
County Orange
Area Ln - Lake Forest North
Rooms
Kitchen Dishwasher, Hood Over Range
Interior
Heating Other
Cooling Other
Fireplaces Type Other
Exterior
Parking Features Carport
Garage Spaces 1.0
Pool Other, Community Facility
View Other
Building
Water District - Public
Others
Tax ID 93874073
Special Listing Condition Not Applicable
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