Lake Forest, CA 92630,24521 Raymond Way
Listed by Ignacio Diaz Jr. • Investment Capital Real Estate
Bought with Rick Applebaum
$2,525,000
$2,550,000
1.0%
Est.Price: ?

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1 BD
1.5 BA
0.4 Acres Lot

24521 Raymond Way Lake Forest, CA 92630

Est. payment /mo
SOLD DATE : 11/15/2017

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Key Details

Sold Price $2,525,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRNP17182057

Sold Date 11/15/17

Bedrooms 1

Full Baths 1

Half Baths 1

Originating Board California Regional MLS

Year Built 1977

Lot Size 0.402 Acres

Property Description

Rare 8 unit multifamily investment opportunity in the city of Lake Forest located in the heart of South Orange County. Surrounded by the master planned communities of Irvine, Laguna Hills, and Mission Viejo, the tight supply of rentals in these markets makes these units easy to rent and command higher rents and income potential. Pride of Ownership, the property has been well cared for by the current ownership with several interior and exterior renovations completed that are evident throughout. Improvements include updated windows, kitchens, cabinets, bathrooms, remote access garage doors, exterior paint, asphalt resealing / stripping and much more. The oversized lot of roughly 17,498 square feet offers tenants plenty of open space and 2 parking spaces per unit. Other tenant amenities include patios or balconies, garages, carport parking, individual water heaters, and an on-site laundry facility (owned machines).

Location

State CA

County Orange

Area Ls - Lake Forest South

Interior

Laundry Community Facility, Washer/Dryer - Owned

Exterior

Garage Spaces 16.0

Pool None

Building

Lot Description Corners Marked

Water District - Public

Others

Special Listing Condition Not Applicable

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agent

Agnes Cruz

Agent | License ID: 02119480

+1(650) 296-7512

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