Date
Details
Price
Change
Source
4/04/2026
Listed
$529,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/13
$529,000 Just Listed
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Property 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 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.
Full Property Details
Full Property Details for 20702 El Toro Unit 233
General
- Price: $529,000
- HOA FEE: $424/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: PW26069504
- Updated: 4/5/2026
- Days on Market: 5 days
- Added to Site: 5 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace: Yes
- Fireplace(s): See Remarks
- Appliances: Range Hood, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: See Remarks
Additional Information
- Shared Amenities: Playground, Pool, Outdoor Cooking Area, Picnic Area
- Pool Description: Community, See Remarks
- Spa Description: See Remarks
Exterior
- Deck/Patio: Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Carport
Location
- County: Orange
- Subdivision: Other (OTHR)
- Driving Directions: From I-5, exit El Toro Rd and head east. Continue on El Toro Rd. Property will be on the right-hand side.
School Information
- School District: Saddleback Valley Unified
Community
- Community Features: Suburban
- Assoc. Name: Sterling Association Services
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Common Walls: 2 Common Walls (or More)
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 916
- Sq. Ft. Source: Assessor
- Year Built: 1980
- Year Built Source: Public Records
Unit Information
- Units in Complex: 416
Lot Features
- Property View: See Remarks
- Lot Size (Acres): 8.3146
- Lot Size (Sq. Ft.): 362,186
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $577.51
- Association Fee: $424
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
Listed by HT Real Estate Investments Inc, Stephanie Gutierrez
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 20702 El Toro Unit 233 —
Stephanie Gutierrez
HT Real Estate Investments Inc
562-370-5273
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 20702 El Toro Unit 233
School District:Saddleback Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Lake Forest Elementary School 21801 Pittsford Drive, Lake Forest, CA 92630 | K-6 | 1.5 mi |
Serrano Intermediate School 24642 Jeronimo Road, Lake Forest, CA 92630 | 7-8 | 3.3 mi |
Trabuco Hills High School 27501 Mustang Run, Mission Viejo, CA 92691 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20702 El Toro Unit 233
Tax History
Tax History for 20702 El Toro Unit 233
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,792
—
$176,170
2%
2024
$1,792
2%
$172,716
2%
2023
$1,750
2%
$169,330
2%
2022
$1,719
2%
$166,010
2%
2021
$1,684
1%
$162,755
1%
2020
$1,670
2%
$161,087
2%
2019
$1,636
2%
$157,929
2%
2018
$1,606
2%
$154,833
2%
2017
$1,574
2%
$151,798
2%
2016
$1,548
1%
$148,822
2%
2015
$1,529
2%
$146,587
2%
2014
$1,496
—
$143,716
—
2013
$1,495
—
$143,067
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20702 El Toro Unit 233
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20702 El Toro Unit 233, Lake Forest, CA 92630 (MLS# PW26069504) is a Condo property with 2 bedrooms and 2 full bathrooms. 20702 El Toro Unit 233 is currently listed for $529,000 and was received on April 04, 2026. Want to learn more about 20702 El Toro Unit 233? Do you have questions about finding other Condo real estate for sale in Lake Forest? You can browse all Lake Forest real estate or contact a Coldwell Banker agent to request more information.