ActiveResidential · sale

28934 Paseo Picasso

Mission Viejo, CA 92692

$795,000

  • 2 beds
  • 2 baths
  • 1,278 sq ft
  • 0.34 acres
  • Built 1997

Listed by BayBrook Realty · MLS #OC26165422

28934 Paseo Picasso, Mission Viejo, CA 92692 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1997.

Garage parking

2 garage spaces listed.

Property size

0.34 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome home to 28934 Paseo Picasso a beautifully kept singlestory retreat tucked inside Palmia Mission Viejos guardgated 55 community where life slows down just enough to enjoy itA gate off the patio opens to a shared greenbelt buffer giving you a landscaped strip of green between your home and the next row of houses instead of a yard that backs directly to a neighbor The covered patio framed by a lattice pergola makes for an easy spot to enjoy your morning coffee or unwind in the shade come afternoonInside travertine flooring flows throughout the main living areas warm underfoot and easy to keep looking sharp for years to come The open living space works just as well for a quiet evening in as it does for having friends overThe primary suite offers a generously sized walkin closet and a slider straight out to the backyard The primary bathroom includes a walkin shower designed with easy walkerfriendly access a genuinely thoughtful detail for everyday living The second bathroom offers a jacuzzi tub and shower combo perfect for soaking away the day Carpet is tucked into the bedroom for a cozy touch and the entire home has been repiped so you can move in and simply enjoy the placeOnce youre through the guard gate Palmias amenities are hard to beat Club Palmias ballroom resortstyle pool and spa 18hole putting green fitness center walking trails and courts for bocce ball and shuffleboard plus a full calendar of social clubs and classes Residents also enjoy membership to Lake Mission Viejo with summer concerts a farmers market movie nights and party boat rentalsYoure still minutes from Mission Viejos shopping dining and freeway access all while coming home each night to a gated guarded community built around peace and quietIf a lowmaintenance singlestory home with real accessibility a peaceful greenbelt setting and resortstyle amenities sounds like your next chapter this is the one
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THE NEIGHBORHOOD

Explore the location.

28934 Paseo Picasso, Mission Viejo, CA 92692

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1997
Full baths
2
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,Disposal,GasRange,Microwave,Refrigerator,WaterHeater,Dryer,Washer
Flooring
Carpet,Tile
Utilities
CableConnected,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
StuccoWall
Accessibility
GrabBars,NoStairs
Pool
No
Pool features
Community,Heated,InGround,Lap,Association
Spa
Yes
Subdivision
Palmia - Courts 2 (PTC2)
Parcel
93374716
HOA
Palmia Master/Courts Association
HOA amenities
BocceCourt,BilliardRoom,Clubhouse,FitnessCenter,MaintenanceGrounds,GameRoom,MeetingRoom,MeetingBanquetPartyRoom,MaintenanceFrontYard,Barbecue,PaddleTennis,Pickleball,Pool,PetRestrictions,Guard,SpaHotTub,Security,TennisCourts,CableTv
HOA fee frequency
Monthly
HOA fee
$791.43

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,312.50
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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28934 Paseo Picasso, Mission Viejo, CA 92692 · MLS #OC26165422

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Listing information

MLS #OC26165422 · California Regional MLS

Listing brokerage: BayBrook Realty
Listing agent: Brandon Brown

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.