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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.

Overview

Property Status
Sold
Lot Size
7,370 Sq.Ft.
MLS ID
NP22121599
Property Type
Residential
Year Built
1971

Features & Amenities

Neighborhood
Mission Viejo
View Description
Bluff, City Lights
Stories
1
Garage Spaces
2.0
Water Source
Public
Utilites
Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
Pool
None
Lot Features
0-1 Unit/Acre
Heat Type
Central
Air Conditioning
Central Air
Sewer
Public Sewer
Sales Price
$1,255,000

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24685 Acropolis Drive

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