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.
The income description goes here to explain
| List Price | $490,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 1 spots |
| Year Built | 1991 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $628.2 |
| Association Name: | Foothill Ranch Management |
| Association Amenities: | Call for Rules,Clubhouse,Fitness Center,Insurance,Management,Maintenance Front Yard,Playground,Pool,Spa/Hot Tub,Tennis Court(s),Trash, Pest Control |
| APN # | 93911635 |
| MLS # | TR26118783 |
| Property ID | 322909553 |
| Lot Sqft | 87,084 |
| Zoning | Unknown |
| Total Units | 1 |
| Days on Market | 35 |
| Original List Price | $490,000 |
| Applicances | Dishwasher,Free-Standing Range,Gas Range,Microwave,Range Hood,Water Heater% |
| Date Updated | June 06, 2026 |
| Date Created | June 05, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $33,000 | $0 |
| Net Income (Yr) | $ 32,670 |
| Cap Rate | 3.53% |
Steven Cheng an agent of . Lic #01262684
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 06, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT