17928 Toiyabe, Fountain Valley, CA 92708

$2,875,000

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List Price
$2,875,000
Status
ACTIVE
Days on Market
63
MLS#
OC26160501
Subtype
Residential Income
Style
Traditional
Year Built
1976
Lot Size
8,470
Acres
0.19
Subdivision
Other
Neighborhood
Other
MLS Area Major
Fountain Valley / Northeast HB (16)

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

Interior Features
Ceiling Fan(s), Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Exterior Features
Rain Gutters
Taxes
$14,419
Property Description
Traditional
Flooring
Laminate, Vinyl
Appliances
6 Burner Stove, Gas Cooktop, Gas Range, Indoor Grill, Microwave, Refrigerator, Range Hood
Heating
Central
Exterior Construction
Drywall, Concrete, Stone
Stories
Two Levels
Levels
Two
Roof
Spanish Tile
Pool Type
None
Parking Features
Direct Access, Garage Faces Front, Garage
Garage Spaces
2
View
None

Listing courtesy of Listing Agent: Michael Bente (cfo.luxrerealty@gmail.com) from Listing Office: Luxre Realty, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.