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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / Lake Forest / 20702 El Toro Unit 233
20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 20702 El Toro Unit 233 Lake Forest, CA 92630 View All Photos

$529,000

| Active

20702 El Toro Unit 233

Lake Forest, CA 92630

916
Square Feet
2
Beds
2
Baths
8.32
Acres
135
Days on Market
PW26069504
MLS#
Condo
Structure
Residential
Zone
Contact
Listing OfficeHT Real Estate Investments Inc

Welcome to Unit 233 at 20702 El Toro Road a spacious upper-level 2 bedroom and 2 bathrooms condo nestled in the serene, resort-style community of Pheasant Creek in Lake Forest. Situated across from the Aliso Creek Trail and just minutes from shops, restaurants, and services, this is one of the most sought-after condo communities in all of Orange County. This bright and airy upper-level unit offers nearly 1,000 sq ft of comfortable living with an open floor plan, vaulted ceilings, a private balcony with laundry access, and a generous layout featuring two full bedrooms and two bathrooms ideal for tenants and investors alike. Community amenities include multiple pools, spa, basketball courts, tennis courts, and garage parking, all wrapped in lush landscaping with peaceful running streams throughout. Perfectly positioned near top-rated schools , freeway and toll road access, golf courses, medical offices, shopping, and dining this location checks every box for sustained, long-term rental demand. The Investment Highlight: Tenant just renewed a new one-year lease at $2,000/month that's $24,000 in guaranteed annual rental income from day one. Zero vacancy. Zero hassle. This is the definition of a plug-and-play cash-flowing asset in a high-demand Orange County market. Whether you're scaling your portfolio or stepping into your first investment property, this one delivers immediate returns with serious long-term upside.

Property Details
Interior
All Bedrooms Down
Cooling
1
Heating
See Remarks
Cooling Features
See Remarks
Bedrooms
2
Bathrooms
2.0
Full Baths
2
Lot Features
Zero To One Unit Acre
Stories
2
Lot Description
Zero To One Unit Acre
Pool Description
Community, See Remarks, Association
Pool Features
Community, See Remarks, Association
Pool Shared
1
Acres
8.315
Square Feet
916.0
Lot Size (sqft)
362186.0
Parking Features
Carport
Parking
1
Parking Spaces
1.0
Parking Type
Carport
Parking Garage Spaces
1.0
Property Type
Purchase
Property Subtype Additional
Condominium
Year Built
1980
Sewer Information
Public Sewer
Utility Source
Public
Appliances
Dishwasher, Range Hood
Subdivision
Pheasant Creek
Community Features
Suburban, Pool
School District
Saddleback Valley Unified
County
Orange
Region
Lake Forest
Original List Price
$529,000
Days on Market (Cumulative)
135
HOA
1
HOA Fees
424.0
MLS #
PW26069504
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Stephanie Gutierrez (#PWGUTISTE)
Listing Office: HT Real Estate Investments Inc (#PB21907)

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