Active

20702 El Toro Unit 233

Lake Forest, CA 92630

$529,000 $2,230/Mo

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Overview

Bed

Bath

916

Sqft

362,186

Sqft(Lot)

Description

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 t hroughout. 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.

Property Details

Property Type : Residential

Price : $529,000

AD Id : 76792286

MLS Id : PW26069504

Beds : 2

Lot Size : 362,186 Sqft

Living Area Size : 916

Year Built : 1980

Garage : 1

County : Orange

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 2

Bathroom Information

Total Baths: 2 Full Baths: 2

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Interior Features: All Bedrooms Down Property Appliances: Dishwasher,Range Hood Fireplace: See Remarks
Cooling Features

See Remarks Air Conditioning

Heating Source

See Remarks Has Heating

Fireplace

Fireplace Features: See Remarks Has Fireplace: 1

Building Information

Year Built: 1980
Pool Features

Community,See Remarks,Association

Laundry Features

See Remarks

Patio And Porch

Deck

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 8.3146
Lot Size Source: Assessor Lot Size Square Feet: 362186

Listing Price Information

Original List Price: 529,000 Listing Contract Date: 2026-04-04
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 93874073

Garage and Parking

Garage Description: Carport

Homeowners Association

Association: Yes Association Amenities: Outdoor Cooking Area,Picnic Area,Playground,Pool Association Fee: 424 AssociationFee Frequency: Monthly Calculated Total Monthly Association Fees: 424

Other Property Info

Source Listing Status: Active Source Neighborhood: FH - Foothill Ranch Directions: From I-5, exit El Toro Rd and head east. Continue on El Toro Rd. Property will be on the right-hand side. Source Property Type: Residential Area: FH - Foothill Ranch Property SubType: Condominium
Building and Construction

Property Age: 46 Common Walls: 2+ Common Walls Structure Type: Condominium Year Built Source: Public Records Total Square Feet Living: 916 Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2 Structure Type: House

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
20702 El Toro #271, Lake Forest, CA, 92630	$429,900	1	1	610	610 SqFt
192 Finch, Lake Forest, CA, 92630	$1,320,000	3	2	1,965	1,965 SqFt
12 Prominence, Lake Forest, CA, 92630	$1,125,000	3	2	1,655	1,655 SqFt
203 Denali, Lake Forest, CA, 92630	$1,288,800	4	3	1,981	1,981 SqFt
25885 Trabuco #101, Lake Forest, CA, 92630	$589,900	2	1	1,190	1,190 SqFt
25761 Le Parc, Lake Forest, CA, 92630	$620,000	2	2	1,084	1,084 SqFt
21256 Camelia, Lake Forest, CA, 92630	$644,999	2	2	953	953 SqFt
25712 Le Parc #56, Lake Forest, CA, 92630	$640,000	3	2	1,123	1,123 SqFt
25712 Le Parc #7, Lake Forest, CA, 92630	$585,000	2	2	996	996 SqFt
25685 Sycamore Pointe #3G, Lake Forest, CA, 92630	$444,000	1	1	625	625 SqFt

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ByOwner last updated this listing 06/08/2026 @ 10:06

MLS: PW26069504 LISTED BY: Stephanie Gutierrez, HT Real Estate Investments Inc 714-899-2200 SOURCE: CRMLS