Lake Forest (el Toro), CA 92630,24521 Raymond
Lake Forest (el Toro), CA 92630,24521 Raymond
Lake Forest (el Toro), CA 92630,24521 Raymond
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$4,995,000
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8,704 SqFt
Active

24521 Raymond Lake Forest (el Toro), CA 92630

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,704 sqft

Price per Sqft $573

MLS Listing ID CRPW25233711

HOA Y/N No

Year Built 1977

Lot Size 0.402 Acres

Acres 0.4

Property Sub-Type Other

Property Description

Discover this exceptional multifamily investment opportunity located in a quiet Lake Forest cul-de-sac. Originally constructed in 1977 as an 8-unit property, this asset now features 10 total units with the addition of two brand-new 2 bedroom / 2 bathroom ADUs built in 2024. The entire property underwent a major renovation over the past few years, including new roofs, exterior paint, dual-pane windows and sliders, six of nine water heaters replaced, and a full property fumigation-making this a low-maintenance, move-in ready asset for investors. Situated on a spacious 17,498 SF lot, the unit mix includes a blend of 1 and 2 bedroom floorplans, appealing to a wide tenant base. Residents enjoy thoughtful amenities such as patios or balconies, walk-in closets, wall A/C units, and community laundry along with the added convenience of individual storage units and camera systems providing extra security. The two newly constructed ADUs stand out with in-unit washer/dryers, dishwashers, microwaves, ceiling fans, solar power, and an EV charger-modern conveniences that attract quality tenants and support premium rents. Parking is abundant, with 15 garages and open spaces, providing more than one space per bedroom-a rare advantage in multifamily properties. Fully SB 721 compliant, this is a cl

Location

State CA

County Orange

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area, See Remarks

Building

New Construction No

Others

Tax ID 61744127


Bridge MLS
Listed by Rick Applebaum • Morgan Skenderian

A FEW WORDS FROM PAST CLIENTS

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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24521 Raymond