Great location and lots of future potential. This beautiful four-plex is located on a quiet cul-de-sac. There are three spacious two-bedroom with one bathroom units and one three-bedroom with two bathrooms unit. This property has upside potential for increasing the income stream and future development. There are seven enclosed garages and two outside parking along with ample street parking. This property is conveniently located near CA-5 FWY, public transportation and shopping. This income property provides the opportunity to acquire a well maintained apartment building with possibility of increasing the rents to the market value and adding value to the asset. The overall apartment market within the city of Lake Forest is very strong with very low vacancy. The property attracts quality tenants seeking a great neighborhood with convenient access to transportation, shopping and work.
Based on information from California Regional Multiple Listing Service, Inc. as of October 19th, 2019 at 9:07am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.