24516 Saturna Drive
Mission Viejo, CA, 92691
$1,394,500
Beds
0 Baths
SqFt
0.18 Acres
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A truly hands off investment! Over 10 years left on a 15 year lease. However the new owner can take back the property on October 1st 2025, and/or move the current tenant out and lease as single family home at current market rents.
The Purchase is Subject to the existing lease. Tenant pays all utilities, all routine maintenance, and all repairs up to $1,500 per occurrence.

This is a Beautiful property in a great, upscale neighborhood. RARE Single-Story 6 Bedroom / 4 bathroom home. Lease is currently $5,412 per month until Sept 2025 and then goes up to $5,520 and 2% per year for the term of the lease.

The tenant 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.

Property Details

Price:
$1,394,500
MLS #:
NP25121456
Status:
Active
Baths:
0
Address:
24516 Saturna Drive
Type:
Residential Income
Subtype:
Single Family Residence
Subdivision:
Mission Ridge Central RI
Neighborhood:
msmissionviejosouth
City:
Mission Viejo
Listed Date:
Jul 9, 2025
State:
CA
ZIP:
92691
Lot Size:
8,050 sqft / 0.18 acres (approx)
Year Built:
1969
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Schools

Interior

Accessibility Features
2+ Access Exits, 32 Inch Or More Wide Doors, Customized Wheelchair Accessible, Disability Features, Entry Slope Less Than 1 Foot, Grab Bars In Bathroom(s), No Interior Steps
Cooling
Central Air
Heating
Central

Exterior

Community Features
Curbs, Park, Sidewalks, Storm Drains, Street Lights
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Features
Driveway, Garage, Garage Faces Front
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Hills
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities, Cable T V, Electricity, Exterior Maintenance, Grounds Care, Gas, Repairs, Telephone, Water

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Community

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Rover IDX
24516 Saturna Drive
Mission Viejo, CA