23012 VILLAGE Dr, Lake Forest, CA 92630

Property Description

Rarely available Lake Forest 4-Plex. Includes one 3 bedroom 2.5 bath with a 2 car attached garage, one 2 bedroom 1.5 baths with a two car attached garage, one 2 bedroom 1.5 bath with a one car attached garage and one 2 bedroom 2 bath with a one car garage. Additional parking includes 1 covered space and 3 uncovered spaces. All units have private balconies or patios, laundry hookups, central A/C, dishwashers and owner provided refrigerators. All units are individually metered for gas and electric. The property is in excellent condition and has no deferred maintenance so bring your turn-key buyers. It has recently been upgraded with granite countertops and tile floors in 3 of the 4 units. Additionally, recent improvements include new driveway seal, new fences, and new deck coatings. Long term tenants including a 20 year and 10 year residents. Only 3 vacancies in the past 7 years. Current rents are $71,700 and real market rents are $74,580.