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John Fagan

john@johnfagangroup.com +1(669) 303-8501

Listed by Michael Bente, DRE #01819794 • Luxre Realty, Inc.

$ 2,875,000

Est. payment | -/mo

8,470 Sqft Lot

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$ 2,875,000

Est. payment | -/mo

Save

8,470 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26160501

Style Traditional

Year Built 1976

Lot Size 8,470 Sqft

Source California Regional MLS

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.

Location

State CA

County Orange

Area 16 - Fountain Valley / Northeast Hb

Rooms

Kitchen Hood Over Range, Microwave, Other, Oven Range - Gas, Refrigerator, Built-in BBQ Grill

Interior

Heating Central Forced Air

Flooring Laminate

Laundry Gas Hookup, In Garage

Exterior

Parking Features Garage

Garage Spaces 2.0

Pool 31, None

View None

Roof Type Tile

Building

Foundation Concrete Perimeter, Concrete Slab

Water District - Public

Architectural Style Traditional

Others

Tax ID 16726115

Special Listing Condition Not Applicable

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

17928 Toiyabe Fountain Valley, CA 92708

John Fagan

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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17928 Toiyabe