23192 Saguaro Street

Lake Forest, CA 92630

$1,960,000
Price
2
Beds
8
Baths
4,734 Sq. Ft.
$414 / Sq. Ft.
4,734
Sq. Ft.
$414
per Sq. Ft.

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...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.
  1. Listed by Kuangkai Kuo • DRE #01849263 • Brokerage DRE #02056372 • In Realty Inc. • 626-802-0335

Property Details for 23192 Saguaro Street

Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4734
Assessor Parcel Number
617-091-36
Property Attached YN
false
LISTING UPDATED: 10/24/2024 04:24 AM

Property Details for 23192 Saguaro Street

StatusActive
MLS #AR24092332
Days on Market172
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1974
Lot Size0.19 AC / 8,276 SF
CountyOrange County

Building Information for 23192 Saguaro Street

Stories2Residences-Year Built1974Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 23192 Saguaro Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $107,116
  • Gross Scheduled Income: $101,616
  • Gross Operating Income: $107,116
  • Net Operating Income: $71,870
  • Laundry Income: $5,500
Expense Details
  • Operating Expense: $35,246
  • New Taxes Expense: $20,404
  • Fuel Expense: $1,643
  • Electric Expense: $331
  • Insurance Expense: $1,633
  • Maintenance Expense: $5,224
  • Trash Expense: $2,445
  • Water Sewer Expense: $3,566
  • Total Expenses: $35,246
Tax / Assessment Info
  • Tax Tract Number: 6098
  • Tax Census Tract: 524.11
  • CFD/Mello-Roos Fee: $432
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Laundry Equipment Own Lease: Own
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $8,468
  • Unit Type Total Rent: $8,468
  • Unit Type Pro Forma: 11000
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 23192 Saguaro Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23192 Saguaro Street

Taxable ValueLand$1,448,548Additions$240,169Total$1,688,717
Tax Record2024$17,802 ($1,484 / month)
Home Facts
Total Finished SqFt4,735 SqFtAbove Grade Finished SqFt4,735 SqFtStories2Lot Size8,171 SqFtStyleQuadraplexYear Built1974CountyORANGEAPN617-091-36

Schools near 23192 Saguaro Street

This home is within Saddleback Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Santiago Elementary School
PublicK to 6

Serrano Intermediate School
Public7 to 8

El Toro High School
Public9 to 12

Ralph A. Gates Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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23192 Saguaro Street is a multi-family home for sale in Lake Forest, CA 92630. This property was listed for sale on May 11, 2024 by In Realty Inc., it's currently listed at $1,960,000. It has been on the market for a total of 172 days and was last sold on July 31, 2019. This listing's school district is Saddleback Valley Unified School District. Nearby schools include Santiago Elementary School, Serrano Intermediate School and El Toro High School. 23192 Saguaro Street is a 2-bed, 8-bath, 4,734 sqft multi-family home built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of In Realty Inc., Kuangkai Kuo, DRE #01849263

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.