$1,255,000
$1,269,500
1.1%For more information regarding the value of a property, please contact us for a free consultation.
7,370 Sqft Lot
SOLD DATE : 11/19/2024
Key Details
Sold Price $1,255,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Aegean Hills Central (Ah)
MLS Listing ID NP22121599
Sold Date 11/19/24
HOA Y/N No
Year Built 1971
Lot Size 7,370 Sqft
Property Description
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 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 Mc - Mission Viejo Central
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Fireplaces Type Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom, None, Outside
Fireplace No
Appliance Solar Hot Water
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
View Y/N Yes
View Bluff, City Lights
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 61917310
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Raymond Guerrero • First Team Real Estate
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Broker Associate | Lic# 00870450