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Mark & Theresa Thoburn

Mission Viejo, California
Real Estate Team
949-378-7222
Contact Us
CA DRE#00881135

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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
1/5

Description

Excellent Investment Opportunity (Cap rate of 4.8%) located in an Excellent location at Mission Viejo. The property has a lease contract term through April 2020 with excellent tenants. COMPLETELY REMODELED 1206 Sq. Ft. 2-bedroom 2-bathroom 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.

Features

  • 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

The Thoburn Group
Mission Viejo, CA 92691
Phone: 949-378-7222
Email: markthoburn@cox.net

Testimonials

I have bought three (3) homes from Mark Thoburn and have worked with him as my only realtor since 2003. If I was just reviewing Mark on my home purchases, I would give him a full five stars, but that isn't the only aspect of me and my wife's relationship with Mark. First of all Mark is a great human being who is more interested in making sure you are achieving your life goals than simply making a commission. He always answers his phone, and in the rare case it goes to voicemail, he returns the call same day. Mark is patient and not pushy; we lived in our second home for 14 years before we were ready to upgrade. Mark was always there for us, ready when we were. He is ever ready with helpful advice that doesn't always pertain to home selling or purchasing. His salesmanship skills are second to none; we sold our second home through Mark so that we could buy our third home, and we listened to his advice. The home sold in 48 hours, while our neighbors houses are STILL for sale. Each of our homes was a stretch for us because of many different factors. Mark got this, and also got the fact that not everyone has a perfect home buying financial profile. Last but not least is Mark's wife Theresa who does all of the purchase paperwork and helps Mark put the deals together. 100% correct documentation that is delivered fast. What more could you ask for. Mark Thoburn is not only an excellent realtor, he is now a lifelong friend and I would never, ever buy or sell anything without him. Would give him 10 stars if I could. Adam
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