714-914-4996

20702 El Toro Unit 233 ,
Lake Forest, CA 92630

$529,000

20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA20702 El Toro Unit 233 , Lake Forest, CA
Jansen Team

Jansen Team

714-914-4996

rob@jansen-team.com

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 throughout. 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.

Basic Information

MLS #:
PW26069504
Price:
$529,000
Price
(per sq ft):
$577.00
Address:
20702 El Toro Unit 233 ,
Lake Forest, CA 92630
MLS Area:
FH - Foothill Ranch
Subdivision:
Other (OTHR)
Property
Type:
Condominium
Days on Market:
0
Status:
Active
Bedrooms:
2
Bathrooms:
2
Full Baths:
2
Size (sq ft):
916 sq ft
Lot Size:
362,186 sq ft
Year Built:
1980
Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Down
Eating Area:
Laundry:
See Remarks
Entry Location:
1

Interior Features

Fireplace:
See Remarks
Cooling:
See Remarks
Heating:
See Remarks
Floor:
Appliances:
Range Hood, Dishwasher
Interior Features:
Security:
Accessibility:

Garage and Parking

Garage:
Detached
Garage:
1 Spaces
Carport:
0 Spaces
Parking:
Carport

Home Owners Association

HOA Dues 1:
$424.00 / Monthly
HOA Dues 2:
$
HOA Amenities: 
Playground, Pool, Outdoor Cooking Area, Picnic Area

Utilities

Water:
Public
Utilities:

School Information

District:
Saddleback Valley Unified
Elementary:
Middle:
High:

Exterior Features

Pool:
Community, See Remarks
Spa:
See Remarks
Patio:
Deck
View:
See Remarks
Construction:
Foundation:
Roof:
Windows:
Common Walls:
2+ Common Walls
Levels:
Two
Lot Features:
0-1 Unit/Acre

Additional Information

County:
Orange
Senior Community:
No
Community Features:
Suburban
Other Structures:
Structure Condition:
Direction Faces:
Listed by:
HT Real Estate Investments Inc , Stephanie Gutierrez , 02036983
Co-Listed:
Last
Updated:
4/4/2026 7:34 PM

20702 El Toro Unit 233 ,
Lake Forest, CA 92630

Jansen Team
Real Estate

Rob Jansen, Broker

California Office

Phone: 714-914-4996

4000 Barranca Parkway, Suite 250
Irvine, CA 92604

Email: rob@jansen-team.com

Idaho Office

Phone: 208-360-5198

2184 Channing Way , # 324
Idaho Falls, ID 83404

CA-Lic#01799964, ID-Lic#PR54424 ■ © 2023 Copyright Jansen Team Real Estate ■ Equal Housing Opportunity

The information being provided by CARETS (CLAW, CRMLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). Information may be provided by CRMLS, all rights reserved. Content is for the user's personal, non-commercial use and may not be used for any other purpose. Content is deemed accurate but not guaranteed.