$1,394,500

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24516 Saturna Drive Mission Viejo, CA, United States 92691

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.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 1969
  • Built in 1969
  • Home size: 2,349 ft2 / 218.23 m2
  • MLS: NP25121456
  • Status: Active

Property brokered by

First Team Real Estate

(949) 988-3000

Get more listing details on brokerage site

Presented by Gregg Perrah

  • (949) 836-0333

Contact Gregg Perrah

Contact Agent

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