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24511 Bendricon Lane, Lake Forest, CA

$1,795,000 - $1.8M Price - 4,565 Sqft - .22 Acres - 108 DOM

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.

Essential Information

For 24511 Bendricon Lane, Lake Forest, CA
  • MLS® # OC19156838
  • Price $1,795,000
  • Bathrooms 0.00
  • Square Footage 4,565
  • Acres 0.22
  • Year Built 1977
  • Type Residential Income
  • Status Active

Community Information

For 24511 Bendricon Lane, Lake Forest, CA
  • Address 24511 Bendricon Lane
  • Area Lake Forest South (LS)
  • Subdivision Other (OTHR)
  • City Lake Forest
  • County Orange
  • State CA
  • Zip Code 92630

Amenities

For 24511 Bendricon Lane, Lake Forest, CA
  • Parking Spaces 9
  • # of Garages 7

Interior

For 24511 Bendricon Lane, Lake Forest, CA
  • Appliances Gas Dryer Hookup
  • # of Stories 2
  • Stories Two

Exterior

For 24511 Bendricon Lane, Lake Forest, CA
  • Lot Description Cul-De-Sac

Additional Information

For 24511 Bendricon Lane, Lake Forest, CA
  • Date Listed July 2nd, 2019
  • Days on Market 108

Listing Details

For 24511 Bendricon Lane, Lake Forest, CA
  • Agent Frank Farsai(00956939)
  • Office Farain Farsai, Broker

Price Change History for 24511 Bendricon Lane, Lake Forest, CA (MLS® #OC19156838)

Date Details Change
Price Reduced from $1,950,000 to $1,795,000 $155,000 (7.95%)

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.