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33352954
33352955

19431 Rue De Valore, Lake Forest, CA 92610

Re/Max Champions
Listed by Re/Max Champions
$490,000
9 days on market
Updated 7 days ago

19431 Rue De Valore

Details
APN 93911635
Property Type Multifamily
Sub Type Apartment Building
Units 1
Cap Rate 3.53%
Buildings 85
Acreage 1.999
Zoning Assessor

Multifamily | 3.53% CAP | 1 Unit

Marketing description

Rare opportunity to acquire a turn-key income property in the highly desirable gated community of Tuscany at Foothill Ranch. This property is ideally suited for investors seeking stable cash flow, a reliable tenant, and minimal maintenance expenses. Investment Highlights: 1.Below-market asking price for quick sale. 2.Positive cash flow potential. 3. Extensive recent renovations completed.4. Low-maintenance, turn-key investment opportunity. 5. Strong rental demand in a highly sought-after community. The condo is currently leased through September 30, 2026, providing immediate rental income from day one. The existing tenant has an excellent payment history, having never paid rent late, and maintains stable employment and reliable income. The tenant would like to remain long-term, offering investors continuity and reduced vacancy risk. The owner completed extensive renovations throughout the property last year, allowing a new owner to enjoy a truly turn-key investment with no immediate upgrade or remodeling costs. Improvements include a fully remodeled kitchen and bathroom, new flooring, fresh interior paint, updated cabinetry, quartz countertops, and stainless-steel appliances. This immaculate upper-level end-unit features a spacious 1-bedroom, 1-bath floor plan plus a versatile loft/den that can easily function as a second bedroom, home office, or guest suite. 1 covered carport. Soaring ceilings, abundant natural light, and an open-concept layout create an attractive living environment that appeals to quality tenants.The primary suite offers a walk-in closet and dual-sink ba
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Re/Max Champions
Listed by Re/Max Champions

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