24685 Acropolis Drive, Mission Viejo
Mission Viejo Home For Sale
A truly hands off investment! 11 years left on a 15 year lease. However the new owner can take back the property Sept 1st 2025. Purchase Subject to existing lease. Tenant pays all utilities, insurance, all routine maintenance, and all repairs up to $1,500 per occurrence. Has leased solar panels paid for by tenant in the lease. This is a Beautiful property in a great, upscale neighborhood. 6 Bedroom / 5 bathroom home. Lease is currently $5,306 per month, in Sept it goes up to $5,412 and goes up by 2% per year for all 15 years of the lease. Year 10 the lease is at $5,975 and year 15 is at $6,597! Tennant 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
Additional Information
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- City:
- Mission Viejo
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- County:
- Orange
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- Zip:
- 92691
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- MLS® #:
- NP22121599
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- Bedrooms:
- 6
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- Bathrooms:
- 5
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- Lot Size:
- 0.17
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- Neighborhood:
- Aegean Hills Central (AH)
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- Levels:
- One
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- Garages:
- 2
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- HOA Dues:
- $
Price Change History for 24685 Acropolis Drive, Mission Viejo, (MLS® #NP22121599)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Increased (from $1,275,000) | $1,325,000 | $50,000 (3.92%) |
Based on information from California Regional Multiple Listing Service, Inc. as of August 12th, 2024 at 6:11pm 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.