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248 California Court — Mission Viejo — 2 Beds • 2 Baths • 957 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+28 more

$729,000

13 DOM

$762/sqft2 bd2 ba957 sqftHOA ~549/mo

Call

248 California Ct Mission Viejo, CA 92692

1.49acre lot

Welcome to this inviting Ground Level with No Stairs, two-bedroom, two-bathroom home in the beautiful California Court community of Mission Viejo. This charming residence offers comfort, style, and convenience in one desirable package. Relax on your private patio with a view, perfect for morning coffee or evening unwinding. Inside, the open-concept living area features high ceilings and a cozy fireplace, creating a bright and welcoming atmosphere. The tastefully updated kitchen showcases quartz countertops, recessed lighting, a convenient breakfast bar, rich espresso cabinetry, and stainless steel appliances included with the home. Additional highlights include newer Low-E double-pane windows and sliding door, laminate flooring, and elegant wood shutters throughout. The spacious primary suite features an en-suite bathroom with a glass-enclosed soaking tub. A lovely second bedroom or office and an additional full bathroom are located just down the hall. Enjoy the convenience of a direct-access garage with a laundry area, complete with front-loading washer and dryer included. Residents of California Court enjoy access to community amenities including a sparkling pool and spa, tot lot playground, and BBQ area. HOA membership also includes access to Mission Viejo Lake, offering a private beach, boating, summer concerts, and fireworks. Ideally located just minutes from shopping, dining, theaters, and the 241 Toll Road, this home offers the perfect blend of lifestyle and location.

MLS OC26063077

949-297-2020 (Office) 949-378-8010 (Cell) nazmareh@yahoo.com

Est. payment

$5,207/mo

Principal & interestTaxesInsuranceHOA

$3,686$759$213$549

Down %

Rate %

Years

Down payment: $145,800 · Total cost: $1,472,839

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,207/mo

Principal & interest: $3,686
Est. property tax: $759
Est. insurance: $213
HOA (normalized / mo): $549
Down payment: $145,800

Est. gross rent$3,038/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,169/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.