Welcome to 23192 Saguaro St, a prime investment opportunity in thriving Lake Forest, nestled in South Orange County—an area with rare multifamily transactions. This delightful 4-plex offers unparalleled convenience, with residents enjoying easy access to shopping, dining, and entertainment options along the recently revitalized El Toro Road. Everything tenants need is just minutes away, enhancing the vibrancy of this community. Featuring four spacious two-bedroom, two-bathroom units averaging 1,200 square feet each, this multifamily property includes on-site laundry, four single-car garages, two uncovered parking spaces, and private patios or balconies for each unit—providing both comfort and convenience. With its prime location, desirable unit mix, and sought-after amenities, this property ensures a steady stream of high-paying renters. Through strategic modernization and rent adjustments, investors can swiftly capitalize on this opportunity, yielding a robust return on investment. Don't miss out on investing in this dynamic location—seize the opportunity before it's too late.
Lake Forest is located in California. Lake Forest, California has a population of 85,516. Lake Forest is more family-centric than the surrounding county with 37.94% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Lake Forest, California is $117,374. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Lake Forest is 40.1 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 45.2 degrees. The average rainfall is approximately 14.2 inches per year, with 0 inches of snow per year.
