24516 Saturna Drive new

Mission Viejo,CA 92691

$ 1394500

- Bed

- Bath

2349 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,349 sqft

Price per Sqft $593

MLS Listing ID CRNP25121456

Year Built 1969

Lot Size 8,050 Sqft

Property Sub-Type OTHER

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

Interior

Heating Central

Cooling Central Air

Laundry In Garage

Exterior

View Hills

View More
Favorite Go Tour