Keller Williams Realty
 Mission Viejo, CA 92691

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CA BRE#01113696


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Listing 23 out of 292
$498,000 For Sale

27833 Zircon
Mission Viejo, CA 92691

Multi Family Home
1002 sq ft - MLS# OC18281047
Property Photo


Excellent Investment Opportunity (Cap rate of 4.8%) located in an Excellent location at Mission Viejo. The unit has a lease contract term through April 2020 with excellent tenants. COMPLETELY REMODELED 1206 Sq. Ft. 2-bedroom 2-bathroom one Unit condo in the gorgeous community of Hillcrest Village. This upper unit with open floor plan, tall ceilings & large light-catching windows has been renovated from top to bottom. The unit has panoramic breath taking unblocked views of the beautiful green belt from expansive private balcony off the living room and all the windows. The owner has put in more than 50K worth of renovation expenses. Custom Italian Tile flooring throughout the first floor. Completely and very tastefully remodeled kitchen with brand new cabinets, Quartz counter top, sinks and all brand new stainless-steel appliances Completely remodeled bathrooms. Brand new carpet in bedrooms. Newly installed window coverings and light fixtures .Interior stackable laundry area. One Car renovated enclosed epoxy covered garage space with automatic opener and 1 reserved parking spaces plus ton of free parking spaces all around the condo. Association amenities include a pool and spa along with membership to the Mission Viejo Lake. This home feels just like brand new construction. This property is close to The Shops at Mission Viejo MALL, Saddleback College and Mission Hospital.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92691
  • Year Built: 1985
  • Subdivision/Neighborhood: Hillcrest Village (Hv)
  • Stories: Two
  • # of Parking Spaces: 1.00
  • Lot Size: 1002 sq ft
  • Pool or Spa: Association,Community Pool
  • Zoning: CONDO
  • Area: MS - Mission Viejo South
  • Association Amenities: Pool, Spa
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1206.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.80
  • Common Walls: 1 Common Wall
  • Community Features: Curbs, Sidewalks, Street Lighting
  • Country: US
  • Directions: From Crown Valley Pkwy-right on Marguuertie- Right on Hillcrest-complex on your left.
  • Garage Spaces: 1.00
  • Gross Income: 30600.00
  • Gross Scheduled Income: 30600.00
  • Heating: Central Furnace
  • Heating YN: Yes
  • Insurance Expense: 264.00
  • Laundry Features: Community, Dryer Included, In Closet, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 01941761
  • Listing Office License: 01359740
  • Lot Features: 26-30 Units/Acre
  • Lot Size Area: 1000.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 24854.00
  • New Taxes Expense: 2614.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 6346.00
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Expenses: 6346.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Realty Benefit, Susan Karimi

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