$2,875,000
About this home
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.
Facts & features
- Interior features
- Ceiling Fans, Recessed Lighting, Storage, Bedroom On Main Level, Main Level Primary, Walk In Closets
- Appliances
- Six Burner Stove, Gas Cooktop, Gas Range, Indoor Grill, Microwave, Refrigerator, Range Hood
- Flooring
- Laminate, Vinyl
- Heating
- Central
- Laundry
- Gas Dryer Hookup, In Garage
- Levels
- Two
- Spa
- None
- Lot size
- 0.194 acres (8,470 sq ft)
- Pool
- None
- Architectural style
- Traditional
- Year built
- 1976
- Parking
- Direct Access, Garage Faces Front, Garage
- Parking spaces
- 2
- Area
- 16 - Fountain Valley / Northeast HB
- County
- Orange
- Community features
- Curbs, Street Lights, Sidewalks
- Status
- Active
- Property type
- Single Family Residence
- Days on market
- 0
- Listed
- 2026-07-26
- Terms
- Cash, Conventional, Exchange 1031
- Parcel #
- 16726115
- MLS #
- OC26160501
