17928 Toiyabe, Fountain Valley, CA 92708
- $2,875,000
- List Price
- $2,875,000
- Status
- ACTIVE
- MLS#
- OC26160501
- Year Built
- 1976
- Lot Size
- 8,470
- Acres
- 0.19
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 1
- 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.
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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
- Interior Features
- Ceiling Fan(s), Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 1
- Gross Scheduled Income
- $180,000
- Operating Expense
- 20226
Listing courtesy of Listing Agent: Michael Bente (cfo.luxrerealty@gmail.com) from Listing Office: Luxre Realty, Inc..
Mortgage Calculator
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