20702 El Toro Unit 233, Lake Forest, CA 92630
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
20702 El Toro Unit 233,Lake Forest, CA 92630
$529,000
- 2 Beds
- 2 Baths
- 916 sq. ft.
- Condominium
- Active
Listed by: stephanie gutierrez
Office: ht real estate investments inc714-899-2200
MLS#:PW26069504
Source:CRMLS
Price summary
- Price:$529,000
- Price per sq. ft.:$577.51
- Monthly HOA dues:$424
About this home
Welcome to Unit 233 at 20702 El Toro Road a spacious upper-level 2 bedroom and 2 bathrooms condo nestled in the serene, resort-style community of Pheasant Creek in Lake Forest. Situated across from the Aliso Creek Trail and just minutes from shops, restaurants, and services, this is one of the most sought-after condo communities in all of Orange County.
This bright and airy upper-level unit offers nearly 1,000 sq ft of comfortable living with an open floor plan, vaulted ceilings, a private balcony with laundry access, and a generous layout featuring two full bedrooms and two bathrooms ideal for tenants and investors alike. Community amenities include multiple pools, spa, basketball courts, tennis courts, and garage parking, all wrapped in lush landscaping with peaceful running streams throughout.
Perfectly positioned near top-rated schools , freeway and toll road access, golf courses, medical offices, shopping, and dining this location checks every box for sustained, long-term rental demand.
The Investment Highlight: Tenant just renewed a new one-year lease at $2,000/month that's $24,000 in guaranteed annual rental income from day one. Zero vacancy. Zero hassle. This is the definition of a plug-and-play cash-flowing asset in a high-demand Orange County market. Whether you're scaling your portfolio or stepping into your first investment property, this one delivers immediate returns with serious long-term upside....
Contact an agent
Home facts
- Year built:1980
- Listing ID #:PW26069504
- Added:6 day(s) ago
- Updated:April 06, 2026 at 12:35 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Range Hood
- Bedroom Description:All Bedrooms Down
- Living area:916 sq. ft.
Structure and exterior
- Year built:1980
- Building area:916 sq. ft.
- Lot area:8.31 Acres
- Exterior Features:Deck
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$529,000
- Price per sq. ft.:$577.51
Features and amenities
- Appliances:Dishwasher, Range Hood
- Amenities:Outdoor Cooking Area, Picnic Area, Playground, Pool
- Pool features:Association Pool, Community Pool, Pool
Parking
- Total parking spaces:1
- Parking description:Carport
- Garage:Yes
- Garage spaces:1
New listings near 20702 El Toro Unit 233
- New
$459,000Active1 beds 1 baths625 sq. ft.25685 Sycamore Pointe #3G, Lake Forest, CA 92630
MLS# PTP2602705Listed by: ALLIED COAST REALTY INC. - New
$1,399,900Active4 beds 3 baths2,253 sq. ft.24961 Ravenswood, Lake Forest (el Toro), CA 92630
MLS# CROC26077007Listed by: FM REALTORS - New
$1,598,000Active4 beds 3 baths2,238 sq. ft.35 Lantana, Lake Forest, CA 92630
MLS# OC26077314Listed by: ASPERO REALTY, INC - New
$475,000Active2 beds 2 baths895 sq. ft.23222 Orange #4, Lake Forest, CA 92630
MLS# PW26077701Listed by: GRAND AVENUE REALTY & LENDING - Coming SoonOpen Sat, 1 to 5pm
$3,298,000Coming Soon5 beds 6 baths15 Calliope, Lake Forest, CA 92630
MLS# TR26075313Listed by: UNIVERSAL ELITE INC. - New
$1,150,000Active3 beds 4 baths1,817 sq. ft.609 Shadowbrook, Lake Forest, CA 92610
MLS# IV26075480Listed by: VISTA SOTHEBY'S INTERNATIONAL REALTY - New
$1,999,800Active4 beds 4 baths2,363 sq. ft.200 Longden, Lake Forest, CA 92630
MLS# OC26058757Listed by: REAL BROKER - Open Sat, 1pm to 4amNew
$465,000Active1 beds 1 baths625 sq. ft.25713 Sycamore Pointe, Lake Forest, CA 92630
MLS# OC26059904Listed by: RE/MAX CONNECTIONS - Open Sat, 1 to 3pmNew
$489,000Active1 beds 1 baths733 sq. ft.25761 Le Parc #105, Lake Forest, CA 92630
MLS# OC26076588Listed by: ASSOCIATED REALTORS - Coming Soon
$759,900Coming Soon2 beds 3 baths26415 Waterford Circle, Lake Forest, CA 92630
MLS# LG26072357Listed by: FIRST TEAM REAL ESTATE