$1,853,775
$1,895,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 01/28/2022
Key Details
Sold Price $1,853,775
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Village Homes (Vh)
MLS Listing ID PW21237791
Sold Date 01/28/22
HOA Y/N No
Year Built 1977
Lot Size 0.300 Acres
Property Description
23061 Village Drive, a 4-unit apartment investment opportunity is in the City of Lake Forest. Comprised mostly of desirable townhouse style units featuring (1) 3BR/2.5BA townhome style unit, (2) 2BR/1.5BA townhome style units, and (1) 2BR/1.75BA unit.
This well-managed asset has seen a large amount of recent capital improvements including newer vinyl windows and sliders, new central A/C and heating units, new exterior paint, fresh landscaping and a complete remodel of the three bedroom unit. The property features such amenities as washer/dryer hookups, direct access garage parking, central A/C & heat, and private patios or balconies for each unit. The combination of a smartly improved building, realistic achievable upside and the rareness of available Lake Forest apartment buildings, makes the investment opportunity at 23061 Village Drive a must have addition to any investors portfolio.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Storm Drain(s), Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description 2-5 Units/Acre, Cul-De-Sac, Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 61302111
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Rick Applebaum • Morgan Skenderian
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "