Villas South Aliso Viejo Condo Leased by Beach Cities Real Estate
Posted by Beach Cities Real Estate on Friday, October 18th, 2013 at 1:28pm.
An Aliso Viejo condo has just been leased by Lidia Raven of Beach Cities Real Estate. 34 Sandcastle in Aliso Viejo, California leased for $2,250 a month as a long term rental. Located in the desirable Villas South community the upstairs unit condo featured two large bedrooms plus a loft with pool and spa views from the balcony area. The condo was highly upgraded with hardwood floors and granite counters. The condo was just on the market for a couple of weeks when the condo was leased out by Beach Cities Real Estate. The condo had just recently sold where Lidia Raven represented the buyer in that closed transaction.
Aliso Viejo is an excellent area for real estate investors looking to buy and then rent out a home or condo. 34 Sandcastle is a perfect example of a condo that was sold for $410,000 and then leased out for $2,250.00. Keep in mind you have an approximate 1.1% tax rate in California when purchasing a home and monthly association dues which equal $236 a month. For cash buyers this could be a healthy cash flow after taxes and HOA dues have been paid. If you are looking to invest in Southern California please contact Lidia Raven at 949-463-3231 today. She specializes in South Orange County real estate and can help you find the perfect investment property.
