Mission Viejo, CA 92691 24516 Saturna Drive
$1,394,500
8 more
Presented By: Gregg Perrah with First Team Real Estate; 949-836-0333
- MLS# NP25121456
- 07/09/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Baths • 1
SQFT • 2,349
Garage • 2
Home Details
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.
Presented By: Gregg Perrah with First Team Real Estate; 949-836-0333
Interior Features for 24516 Saturna Drive
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesBedroomOnMainLevel, MainLevelPrimary
Laundry FeaturesInGarage
Total Stories1
Other Rooms
Entry Level1
General for 24516 Saturna Drive
AccessibilityCustomizedWheelchairAccessible, SafeEmergencyEgressFromHome, GrabBars, NoStairs, AccessibleDoors, AccessibleEntrance
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMission Viejo
Community FeaturesCurbs, Park, StormDrains, StreetLights, Sidewalks
CoolingCentralAir
CountyOrange
DirectionsExit Alicia Parkway
Electric Expense0.0
Entry LocationGround Level
ExclusionsAll Furniture and Appliances are owned by the Tenant
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income5412.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashToNewLoan, Exchange1031
Lot Size Square Feet8050.0
Lot Size UnitsSquareFeet
MLS AreaMS - Mission Viejo South
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total1
Operating Expense0.0
Pool FeaturesNone
PossessionNegotiable, SeeRemarks
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameMission Ridge Central (RI)
Tax Lot6
Tenant PaysAllUtilities, CableTv, Electricity, ExteriorMaintenance, Gas, GroundsCare, Repairs, Telephone, Water
Trash Expense0.0
ViewHills
Water Sewer Expense0.0
Year Built1969
Year Built SourceAssessor
Exterior for 24516 Saturna Drive
Building Area Total2349.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1848
Lot Size Area8050.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesDriveway, GarageFacesFront, Garage
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate