20702 El Toro Unit 233,Lake Forest, CA 92630
Lake Forest, CA 92630
Description
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.
Details
| MLS # | PW26069504 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $424 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 153 |
| Listing Provided By | HT Real Estate Investments Inc | Stephanie Gutierrez |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 916 |
| Garage | 1 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 416 |
| Acreage | 8.31 |
| Property View | Yes |
Interior
| Cooling | See Remarks |
|---|---|
| Heating | See Remarks |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Appliances | Dishwasher, Range Hood |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Carport |
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Suburban, Pool |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Lake Forest |
| Zip Code | 92630 |
| Area | LN Lake Forest North |
| Community Name | Pheasant Creek |
| Listing VS Median (in Pheasant Creek) | |
Price: $529,000 low | high Med: $529,000 sqft: 916 low | high Med: 916 $ / sqft: $578 low | high Med: $578 On site: 153 low | high Med: 153 | |
Market Activity 92630
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Lake Forest |
| Zip Code | 92630 |
| Area | LN Lake Forest North |
| Community Name | Pheasant Creek |
| Listing VS Median (in Pheasant Creek) | |
Price: $529,000 low | high Med: $529,000 sqft: 916 low | high Med: 916 $ / sqft: $578 low | high Med: $578 On site: 153 low | high Med: 153 | |
