Listing Agent: Steven Cheng      Broker/Office: Re/Max Champions
Unit 39D 19431 Rue De Valore Lake Forest CA 92610
$ 490,000
  1   |    1   |    936 Sq Feet

Listing ID

#TR26118076

Status

Active

Property Type

Condominium

County

Orange

Neighborhood

Foothill Ranch

Year Built

1991

Lot Size

1

Days on website

2

Description
Rare opportunity to acquire a turn-key income property in the highly desirable gated community of Tuscany at Foothill Ranch. This property is ideally suited for investors seeking stable cash flow, a reliable tenant, and minimal maintenance expenses.
Investment Highlights: 1.Below-market asking price for quick sale. 2.Positive cash flow potential. 3. Extensive recent renovations completed.4. Low-maintenance, turn-key investment opportunity. 5. Strong rental demand in a highly sought-after community. The condo is currently leased through September 30, 2026, providing immediate rental income from day one. The existing tenant has an excellent payment history, having never paid rent late, and maintains stable employment and reliable income. The tenant would like to remain long-term, offering investors continuity and reduced vacancy risk.
The owner completed extensive renovations throughout the property last year, allowing a new owner to enjoy a truly turn-key investment with no immediate upgrade or remodeling costs. Improvements include a fully remodeled kitchen and bathroom, new flooring, fresh interior paint, updated cabinetry, quartz countertops, and stainless-steel appliances.
This immaculate upper-level end-unit features a spacious 1-bedroom, 1-bath floor plan plus a versatile loft/den that can easily function as a second bedroom, home office, or guest suite. 1 covered carport. Soaring ceilings, abundant natural light, and an open-concept layout create an attractive living environment that appeals to quality tenants.The primary suite offers a walk-in closet and dual-sink bathroom. A private patio, in-unit laundry, and extra storage further enhance tenant appeal. Enjoy resort-style amenities including pools, spas, tennis court, fitness center, clubhouse, and ample guest parking. Conveniently located near shopping, dining, top-rated schools, and the 241 Toll Road.
Cash buyers preferred.
Location
Financial Information
List Price:  $ 490000
Property Features
Appliances:  Dishwasher, Microwave
Association Amenities:  Clubhouse, Insurance, Management, Playground, Pool, Trash
Association Fee 2 Frequency:  Monthly
Association Fee Frequency:  Monthly
Common Interest:  Condominium
Community Features:  Curbs, Gated, Mountainous
Construction Materials:  Drywall, Stucco
Flooring:  Carpet, Tile
Foundation Details:  Slab
Heating:  Central
High School District:  Saddleback Valley Unified
Interior Features:  Pantry
Levels:  Two
Parking Features:  Assigned, Carport, Covered, Garage, Guest, Paved
Patio And Porch Features:  Patio, Wood
Pool Features:  Association
Property Condition:  Turnkey
Road Frontage Type:  Highway
Road Surface Type:  Gravel, Paved
Roof:  Tile
Senior Community YN:  false
Spa Features:  Association
View:  Pool
Water Source:  Public
High School District:  Saddleback Valley Unified
Senior Community YN:  false
MLS Area Major:  FH - Foothill Ranch
City:  Lake Forest
Listed By:   Steven Cheng   Re/Max Champions 
CA Lic#