Gregg Perrah
This listing was posted on RealtyWW.
$1,325,000
Home For Sale In Mission Viejo, California
Price:
$1,325,000
BR/BA:
6 BR, 5 BA
Location:
24685 Acropolis Dr, Mission Viejo, CA
Description:
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 panels 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.For more details: https://realtyww.info/homes_mission-viejo-d529870/for-sale_i71804217
Property Type:
Single-Family Houses
Posted:
May 13 on RealtyWW
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More About this Listing: Home For Sale In Mission Viejo, California
Home For Sale In Mission Viejo, California is a Six Bedroom 5.5 Bath Single-Family Homes for Sale at 24685 Acropolis Dr in Mission Viejo CA. Find other listings like Home For Sale In Mission Viejo, California and listings near 24685 Acropolis Dr by searching Oodle Classifieds for Six Bedroom 5.5 Bath Single-Family Homes for Sale in Mission Viejo CA.
Home For Sale In Mission Viejo, California is a Six Bedroom 5.5 Bath Single-Family Homes for Sale at 24685 Acropolis Dr in Mission Viejo CA. Find other listings like Home For Sale In Mission Viejo, California and listings near 24685 Acropolis Dr by searching Oodle Classifieds for Six Bedroom 5.5 Bath Single-Family Homes for Sale in Mission Viejo CA.