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$1,960,000   Price Analysis
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23192 Saguaro St
Lake Forest, CA 92630
8 bed 8 bath 4,734 SqFt ($414/SqFt)
8,276SqFt lot. Built 1974
Listed 2024-05-13, Taxes $17,073
Ⓧ USDA Ineligible
due to price & location

near Lake Forest

Welcome to 23192 Saguaro St

A prime investment opportunity in thriving Lake Forest, nestled in South Orange Countyan 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 minutes away, enhancing the vibrancy of this community. Featuri ng four open 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 unitproviding both comfort and convenience.

With its prime location, desirable unit mix and sought-after amenties, 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 locationseize the opportunity before it's too late.


Presented by Kuangkai Kuo at
In Realty Inc.


Property MLS #AR24092332 from CRMLS

Bedrooms: 8

Laundry Features: Gas Dryer Hookup, Washer Hookup

Full Bathrooms: 8

Lot Description: Lot 6500-9999
Lot Size Acres: 0.1899908
Lot Size Source: Assessor
Lot Size Square Feet: 8276

Garage Spaces: 1
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 6

Number of Units: 4
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 2
Unit-1 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0
Maintenance Expense: 5224.00

Number of Units Leased: 4

Community Features: Curbs, Sidewalks

Source Listing Status: Active
County: Orange
Source Property Type: Residential Income
Insurance Expense: 1633.00
Area: LS - Lake Forest South
Source Neighborhood: Other (OTHR)
New Taxes Expense: 20404.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 61709136
Postal Code Plus 4: 4541
Subdivision: Other (OTHR)
Trash Expense: 2445.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$230,844 + $1,392,299
$1,623,143
$17,073
2021$226,318 + $1,364,999
$1,591,317
$16,733
2020$223,998 + $1,351,002
$1,575,000
$16,584
2019$202,867 + $54,896
$257,763
$2,693
2018$198,890 + $53,819
$252,709
$2,643
2017$194,991 + $52,763
$247,754
$2,590
2016$191,168 + $51,729
$242,897
$2,548
2015$188,297 + $50,952
$239,249
$2,516
2014$184,609 + $49,954
$234,563
$2,460
2013$183,775 + $49,728
$233,503
$2,448
2012$180,172 + $48,753
$228,925
$2,402
2011$176,640 + $47,797
$224,437
$2,354
2010$175,320 + $47,440
$222,760
$2,340
2009$175,737 + $47,553
$223,290
$2,344
2008$172,292 + $46,620
$218,912
$2,294
2007$168,914 + $45,706
$214,620
$2,246

Listed 2024-05-13
$1,960,000
CRMLS
Listing removed 2023-08-25
$0
CRMLS
Listed 2023-06-01
$1,928,000
CRMLS
Sold 2019-09-17
$1,575,000
Public Record
Listing removed 2014-06-07
$1,096,000
CRMLS
Price Changed 2014-05-31
$1,096,000
CRMLS
Price Changed 2014-05-15
$1,096,500
CRMLS
Price Changed 2014-05-06
$1,099,000
CRMLS
Listed 2014-02-18
$1,090,000
CRMLS
Sold 1975-12-09
$132,500
Public Record

Net Operating Income: 71870.00

Total Square Feet Living: 4734
Year Built: 1974
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 50
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric Expense: 331.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3566.00
Water Source: Public

Santiago Elementary School is a public elementary school located approximately 0.5 miles away.
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Serrano Intermediate School is a public middle school located approximately 0.8 miles away.
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El Toro High School is a public high school located approximately 0.9 miles away.
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Abiding Savior Lutheran School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.