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A truly hands off investment! 11 years left on a 15 year lease. However the new owner can take back the property Sept 1st 2025. Purchase Subject to existing lease. Tenant pays all utilities, insurance, all routine maintenance, and all repairs up to $1,500 per occurrence. Has leased solar panels paid for by tenant in the lease. This is a Beautiful property in a great, upscale neighborhood. 6 Bedroom / 5 bathroom home. Lease is currently $6,200 per month until Sept 2025. Tennant operates a senior care home within the property and must maintain a clean, safe environment with all systems of the homein 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.
Last Updated | 8/26/2024 | Tract | Aegean Hills Central (AH) |
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Year Built | 1971 | Community | Mission Viejo Central |
Garage Spaces | 2.0 | County | Orange |
Price History
Prior to Aug 26, '24 | $1,325,000 |
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Aug 26, '24 - Today | $1,269,500 |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Solar Hot Water |
AREA | Mission Viejo Central |
FIREPLACE | Yes |
GARAGE | Yes |
HEAT | Central |
HOA DUES | 0 |
INTERIOR | All Bedrooms Down |
LOT | 7370 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | Aegean Hills Central (AH) |
UTILITIES | Electricity Connected,Natural Gas Connected,Phone Connected,Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | Bluff,City Lights |
WATER | Public |
Location
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