As one of the best places to live in California, Mission Viejo is nestled in Orange County and is renowned for its tree-lined neighborhoods. Here, investors will not only find the draw of suburban charm, but also strong job growth, and an enviably high quality of life. Mission Viejo offers easy access to the beaches of Orange County and the vibrant nightlife of Newport Beach and Laguna Beach.
Established families often gravitate toward areas such as Ladera Ranch with its spacious homes, excellent schools, and community events. For those with an active lifestyle, Marbella offers easy access to hiking and biking trails. Investors who would desire the potential for appreciation might also target newer developments in areas like Oso Valley Greenbelt, known for its stunning views.
Mission Viejo's economy is on a positive trajectory, as employers like Saddleback Memorial Medical Center and Kaiser Permanente are major contributors to the job market. Plus, the city actively supports small business growth, fostering a dynamic economic landscape. All of this can translate into long-term stability for rental property investors, with a lower risk of vacancies due to a strong job market.