Lake Forest, CA 92610 19431 Rue De Valore 39D
$490,000



7 more







Presented By: Steven Cheng with Re/Max Champions; 909-499-2078
Home Details
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.
Presented By: Steven Cheng with Re/Max Champions; 909-499-2078
Interior Features for 19431 Rue De Valore 39D
Other Interior Features
Air Conditioning Y/NYes
Common Walls1 Common Wall, No One Above
Fireplace FeaturesGas Starter, Living Room
Fireplace Y/NYes
FlooringCarpet, Tile
Heating Y/NYes
Interior AmenitiesHigh Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Galley Kitchen
Laundry FeaturesWasher Hookup, Gas Dryer Hookup, Laundry Room
Total Stories2
Window FeaturesDouble Pane Windows
Other Rooms
Entry Level2
General for 19431 Rue De Valore 39D
AccessibilityAccessible Doors
Additional Parcels Description601-251-66
Additional Parcels Y/NYes
AppliancesDishwasher, Free-Standing Range, Gas Range, Microwave, Range Hood, Water Heater
Assoc Fee Paid PerMonthly
Association AmenitiesCall for Rules, Clubhouse, Fitness Center, Insurance, Management, Maintenance Front Yard, Playground, Pool, Spa/Hot Tub, Tennis Court(s), Trash
Association Fee IncludesPest Control
Association NameTuscany at Foothill Ranch
AssociationName2Foothill Ranch Management
Building Area UnitsSquare Feet
Cap Rate3.53
Carport Y/NYes
CityLake Forest
Community FeaturesCurbs, Mountainous, Gated
Construction MaterialsDrywall, Stucco
CoolingCentral Air
CountyOrange
Current FinancingNone
DirectionsBake Pkwy & Lake Forest Dr
DisclosuresCovenants/Restrictions Disclosure, Easement(s), HOA Disclosure, Home Warranty
ElectricElectricity - On Property, 220 Volts in Laundry
Electric Expense
Entry Location2
Fuel Expense
Garage Spaces1
Garage Y/NYes
Gross Income33000
HOAYes
HOA Fee$628.2
HOA Fee 2118
HOA Fee 2 FrequencyMonthly
HeatingCentral, Forced Air
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Conventional, 1031 Exchange, Submit
Lot Size Square Feet87084
Lot Size UnitsSquare Feet
MLS AreaFH - Foothill Ranch
MaintenanceExpense0
Net Operating Income32670
New ConstructionNo
Number Of Units Total1
Number of Units Leased1
Operating Expense0
Pool FeaturesIn Ground, Association
PossessionClose Of Escrow
PostalCityFOOTHILL RANCH
Property Attached Y/NYes
Property ConditionUpdated/Remodeled, Turnkey
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential Income
Rent Control Y/NNo
RoofTile
Security FeaturesCarbon Monoxide Detector(s), Security Gate, Gated Community, Key Card Entry, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer, Sewer Tap Paid
Spa FeaturesAssociation
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameFoothill Ranch
Tax Lot21
Tenant PaysAll Utilities, Cable TV, Insurance
Total Actual Rent33000
Trash Expense0
Unit Number39D
UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
ViewPool
Water Sewer Expense0
Year Built1991
Year Built SourceAssessor
Exterior for 19431 Rue De Valore 39D
Building Area Total936
Door FeaturesPanel Doors
Foundation DetailsSlab
Lot Size Acres1.9992
Lot Size Area87084
Lot Size SourceAssessor
Number of Buildings85
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesAssigned, Covered, Detached Carport, Garage, Garage Door Opener, Guest, Paved, One Space
Pool Charge0
Private PoolNo
Road Frontage TypeCity Street, Highway, Private Road
Road Surface TypeGravel, Paved
SpaYes
Total Parking1
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 936