23192 Saguaro Street, Lake Forest, CA 92630

$1,792,585

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Sold Price
$1,792,585
List Price
$1,960,000
Closing Date
Jun 04, 2025
Status
CLOSED
MLS#
AR24255744
Year Built
1974
Lot Size
8,276
Acres
0.19
Days on Market
107
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Other

Property Description

Welcome to 23192 Saguaro St, a prime investment opportunity in thriving Lake Forest, nestled in South Orange County—an 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 just minutes away, enhancing the vibrancy of this community. Featuring four spacious 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 unit—providing both comfort and convenience. With its prime location, desirable unit mix, and sought-after amenities, 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 location—seize the opportunity before it's too late.

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$101,616
Operating Expense
35246

Listing courtesy of Listing Agent: Kuangkai Kuo (troykuo@yahoo.com) from Listing Office: In Realty Inc..

Listing sold by Dale Cheema from Keller Williams Realty Irvine

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.