17928 Toiyabe, Fountain Valley, CA 92708

$2,875,000

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List Agent Michael Bente () Luxre Realty, Inc.; CoList ()

List Price
$2,875,000
Status
ACTIVE
MLS#
OC26160501
Year Built
1976
Lot Size
8,470
Lot Location
0-1 Unit/Acre
Days on Market
4
Property Type
Single Family Residential
Style
Traditional
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
Other

Property Description

Rare opportunity to acquire one of four tenant-occupied investment properties available individually or as part of a premier Orange County residential income portfolio. This property is currently leased at $15,000 per month under a 3-year lease with a 3-year extension option and 5% annual rent increases, providing immediate income and long-term stability for investors.Beautifully remodeled, this exceptional two-story residence offers approximately 2,918 square feet with 5 bedrooms, 6 bathrooms, and an attached two-car garage on an expansive 8,470 square foot lot. The open-concept floor plan features a massive kitchen island, quartz countertops, abundant cabinetry, a professional-style 6-burner gas range with grill/griddle, vent hood, recessed lighting, and spacious living and dining areas.The oversized entertainer's backyard includes a detached bonus room (not an ADU), a welcoming front porch, professionally maintained landscaping, artificial turf, and a classic Spanish tile roof. Ideally located near parks, shopping, restaurants, highly regarded schools, and major freeways. Tenants currently pay all utilities and day-to-day operating expenses, while the owner is responsible for property taxes, insurance, and repairs.

Additional Information

Taxes
$14,419
Appliances
6 Burner Stove, Gas Cooktop, Gas Range, Indoor Grill, Microwave, Refrigerator, Range Hood
Pool Description
None
Heat
Central
View
None
Exterior Construction
Drywall, Concrete, Stone
Roof
Spanish Tile
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.