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Listed by: Rick Applebaum DRE #01273871, Paul Espinosa DRE #01942627 | Morgan Skenderian (949) 251-8800
$4,995,000
7 Beds
7 Baths
--sqft
24521 Raymond, Lake Forest, CA 92630
$4,995,000
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Apartment
Built in 1977
$-- HOA
17,498 sqft lot
--/sqft
Description
Discover this exceptional multifamily investment opportunity located in a quiet Lake Forest cul-de-sac. Originally constructed in 1977 as an 8-unit property, this asset now features 10 total units with the addition of two brand-new 2 bedroom / 2 bathroom ADUs built in 2024. The entire property underwent a major renovation over the past few years, including new roofs, exterior paint, dual-pane windows and sliders, six of nine water heaters replaced, and a full property fumigation—making this a low-maintenance, move-in ready asset for investors.
Situated on a spacious 17,498 SF lot, the unit mix includes a blend of 1 and 2 bedroom floorplans, appealing to a wide tenant...
- Houzeo last checked: 37 Minutes ago
- Listing updated: November 26, 2025 at 12:35 am
- Source: California Regional MLS-CA | MLS#: PW25233711
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1977
HOA Fees
-
Finished Area
- sqft
Lot Size
17,498 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25233711
MLS Status
Pending
Days on Market
61
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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