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$ 1,394,500
Est. payment | /mo
6 Beds
2,349 SqFt
$ 1,394,500
Est. payment | /mo
6 Beds
2,349 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,349 sqft
Price per Sqft $593
MLS Listing ID CRNP25121456
Bedrooms 6
HOA Y/N No
Year Built 1969
Lot Size 8,050 Sqft
Acres 0.18
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
Fireplace No
Laundry In Garage
Exterior
Exterior Feature Other
View Y/N true
View Hills
Handicap Access Accessible Doors, Grab Bars, Other
Total Parking Spaces 2
Building
New Construction No
Others
Tax ID 61913106

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Listed by Gregg Perrah • First Team Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "