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Sold for $1,650,000 on 02/23/24
  • Listing Provided by: 

    Ryan Eldred DRE #01814960 949-338-7564,

    First Reliant, Inc.

    Bought with: Ramin Ghazi Real Estate
    $1,650,000

    25362 Posada Ln, Mission Viejo, CA 92691

    4beds
    2,189sqft
    Single Family Residence
    Built in 1967
    6,600 Square Feet Lot
    $1,723,900 Zestimate®
    $754/sqft
    $5,776 Estimated rent

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    $10,202/mo

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    What's special

    Welcome to Posada California. This central Mission Viejo home has it all. Enjoy sweeping mountain and city views from the back patio, living room, and master bedroom, relax poolside on a sunny So Cal day, warm up in the hot tub under the stars, and relax in style with a book near the cozy living room fireplace. The well laid out floorplan makes the home feel much larger than one would expect at this square footage. The home is equipped with 2 master suites and 2 very large secondary bedrooms, making it a great fit for any size family. The large lot and fully fenced in front and back yard make it safe and fun for kids and pets year round. Mature landscape all around the property helps maintain incredible privacy for a suburban home. The tasteful Spanish style exterior flows perfectly around the property. Posada CA currently generates over $200k/yr in gross rental income as a short term rental with many guests paying $1000/night or more in the summer season. Guests travel from all around the world to stay in this property and visit OC for beaches, Disney, and more due to its convenient location that is 20 minutes or less from all the biggest OC attractions. Not only would this property be a fantastic full time or 2nd home, but Mission Viejo is one of the few areas of OC where there Short Term Rentals are legal, giving less competition to this turnkey business than many other popular STR markets. Income documentation is available upon request. Come see this one while it's still here!

    Zillow last checked: 8 hours ago

    Listing updated: February 23, 2024 at 02:04pm

    Listing Provided by:

    Ryan Eldred DRE #01814960 949-338-7564,

    First Reliant, Inc.

    Bought with:

    Ramin Ghazi, DRE #01363193

    Ramin Ghazi Real Estate

    Source: CRMLS,MLS#: PW23216341MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Double Oven, Dishwasher, Electric Oven, Electric Range
    • Laundry: In Garage
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,189 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Front
    • Has private pool: Yes
    • Pool features: Fenced, Gas Heat, Heated, In Ground, Private, Association
    • Has spa: Yes
    • Spa features: Heated, In Ground, Private
    • Fencing: Wood
    • Has view: Yes
    • View description: City Lights, Mountain(s)
    Lot
    • Size: 6,600 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 78425111
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish
    • Property subtype: Single Family Residence
    Materials
    • Drywall, Stucco
    Condition
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Street Lights, Suburban, Sidewalks
    Location
    • Region: Mission Viejo
    • Subdivision: La Paz (Central) (Lp)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $26 monthly
    • Amenities included: Pool, Spa/Hot Tub
    • Association name: LMVA

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,Cal Vet Loan,FHA,Fannie Mae,Freddie Mac,VA Loan
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    Estimated market value
    $1,723,900