Huge lot 12,000 sqft !!! Incredible Two Brand-New Single-Family Homes on One Lot, for $847,500 EACH HOME!
Welcome to a unique investment opportunity in the heart of Orange County. This property boasts two brand-new single-family homes, each offering the potential for substantial rental income. With a total market rent of $7,900 per month, this is a dream come true for investors seeking maximum profit potential.
Unit 1 (New Construction):
Built in 2023, this impressive unit offers modern living at its finest.
Features a spacious 3 bedrooms and 2 bathrooms approximate 1,200 sqft of living space.
The interior is loaded with upgrades, including 9-foot ceilings, a generously sized kitchen with an oversized peninsula, high-quality appliances, and sleek modern kitchen cabinets.
Enjoy the comfort of central A/C, recessed lighting, beautiful wood flooring, walk-in closets, and convenient washer/dryer hookups.
This unit effortlessly combines luxury and comfort, creating an ideal living space.
Potential to achieve a market rent of $3,700 per month.
Unit 2 (Fully Remodeled):
The second unit has been fully remodeled to meet the highest standards.
Offering 4 bedrooms and 3 bathrooms, with approximately 1,600 square feet of living space.
It features all the latest upgrades, ensuring a comfortable and modern lifestyle.
Potential to achieve a market rent of $4,200 per month.
It's perfect for first-time homeowners looking to live in one unit and rent out the other.
Investor's Dream:
This property presents an ideal choice for 1031-Exchange opportunities and income-focused investors.
With both units having their OWN water, gas, and electric meters, as well as plenty of parking space on the expansive driveway, maintenance will be hassle-free for the next 10+ years.
Don't miss out on this extraordinary opportunity to secure high rental income potential in a prime Orange County location.
This is a rare chance to own a property that offers both luxury and financial promise.
Sold for $1,750,000 on 10/31/23
Listing Provided by:
Vinh Pham DRE #02054997 657-233-5233,
NRI Group,
Nhi Phan DRE #02178756 657-233-5233,
ML Realty & Mortgage
Bought with: Best Realty & Finance, Inc.
$1,750,000
16129 Evans Cir, Fountain Valley, CA 92708
7beds
2,740sqft
Single Family Residence
Built in 2023
0.27 Acres Lot
$1,782,100 Zestimate®
$639/sqft
$4,605 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 01, 2023 at 12:46pm
Listing Provided by:
Vinh Pham DRE #02054997 657-233-5233,
NRI Group,
Nhi Phan DRE #02178756 657-233-5233,
ML Realty & Mortgage
Bought with:
Nathan Nguyen, DRE #01261665
Best Realty & Finance, Inc.
Source: CRMLS,MLS#: PW23177837
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 5
- Main level bedrooms: 7
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Disposal, Gas Range
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- High Ceilings, Open Floorplan, All Bedrooms Down
- Flooring: Vinyl
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,740 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Has private pool: Yes
- Pool features: Heated, Private
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.27 Acres
Details
- Parcel number: 14416313
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Fountain Valley
- Subdivision: Other
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,782,100