855.375.4001
Listed by 949-836-0333 - Gregg Perrah - First Team Real Estate
$1,325,000 affordable loan icon Calculate Payment

24685 Acropolis Drive Mission Viejo, CA 92691

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Single Family Residence
Beds
Baths
... Bed/Bath
2,402 Sq. Ft.

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Last updated on 7/4/2024 8:02 AM
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 p...anels 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 $5,306 per month, in Sept it goes up to $5,412 and goes up by 2% per year for all 15 years of the lease. Year 10 the lease is at $5,975 and year 15 is at $6,597! 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. Continue reading
MLS#
NP22121599
Property Type
Single Family
Year Built
1971
Square Feet
2,402 sq. ft
Lot Size
0.17
Stories
1.0
Sewer
Public Sewer

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Listed by 949-836-0333 - Gregg Perrah - First Team Real Estate
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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