20702 El Toro Unit 233, Lake Forest, CA 92630
20702 El Toro Unit 233, Lake Forest, CA 92630
20702 El Toro Unit 233, Lake Forest, CA 92630
20702 El Toro Unit 233, Lake Forest, CA 92630
20702 El Toro Unit 233, Lake Forest, CA 92630
20702 El Toro Unit 233, Lake Forest, CA 92630
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$ 529,000
Est. payment | /mo

2 Beds

2 Baths

916 SqFt


Save
$ 529,000
Est. payment | /mo
Save

2 Beds

2 Baths

916 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 916 sqft

Price per Sqft $577

Subdivision Pheasant Creek

MLS Listing ID PW26069504

Bedrooms 2

Full Baths 2

HOA Fees $424/mo

HOA Y/N Yes

Year Built 1980

Lot Size 8.315 Acres

Property Sub-Type Condominium

Property 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.

Location

State CA

County Orange

Area Fh - Foothill Ranch

Rooms

Main Level Bedrooms 2

Interior

Interior Features All Bedrooms Down

Heating See Remarks

Cooling See Remarks

Fireplaces Type See Remarks

Fireplace Yes

Appliance Dishwasher, Range Hood

Laundry See Remarks

Exterior

Parking Features Carport

Garage Spaces 1.0

Garage Description 1.0

Pool Community, See Remarks, Association

Community Features Suburban, Pool

Amenities Available Outdoor Cooking Area, Picnic Area, Playground, Pool

View Y/N Yes

Porch Deck

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Saddleback Valley Unified

Others

HOA Name HOA Name: Pheasant Creek-El Toro Condominium Assoc

Senior Community No

Tax ID 93874073

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Stephanie Gutierrez HT Real Estate Investments Inc 562-370-5273, DRE #02036983

Nearby Locations

Calvin Gong

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(626) 537-5527

calvingong@gmail.com

2633 S Baldwin Ave, Arcadia, CA, 91007, USA

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20702 El Toro Unit 233