24522 Bendricon LN Lake Forest, CA 92630

24522 Bendricon Lane is a 4-unit apartment investment opportunity in the City of Lake Forest. Comprised of highly desirable 2 & 3 bedroom units averaging above 1,100 sq.ft. each. 3 of the 4 floorplans are townhouse style providing tenants a far more comforting style of living. Interiors are efficiently maintained with all units containing ceramic tile flooring in the common areas and one of the units has been fully renovated with new kitchen cabinets, bathroom vanities, quartz countertops and new appliances. Furthermore, the entire building received a full copper replumb of the water lines (2012) and the flat portions of the roof were replaced approximately 7 years ago. The building offers (5) garages spaces, (1) carport and room enough for an additional (6) parking spots creating a 3:1 parking ratio. Amenities include W/D hookups for each unit and private patios and balconies. A projected 53% in rental upside combined with the rareness of available Lake Forest apartment buildings, makes the investment opportunity at 24522 Bendricon Lane an exciting project for the added value investor.