16129 Evans Circle, Fountain Valley, CA 92708 (MLS # PW23177837)
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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.
| DAYS ON MARKET | 36 | LAST UPDATED | 11/1/2023 |
|---|---|---|---|
| TRACT | OTHER | YEAR BUILT | 2023 |
| COMMUNITY | Fountain Valley / Northeast HB | GARAGE SPACES | 2.0 |
| COUNTY | Orange | STATUS | Sold |
| PROPERTY TYPE(S) | Single Family |
| School District | Garden Grove Unified |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Gas Range |
| AREA | Fountain Valley / Northeast HB |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, High Ceilings, Open Floorplan |
| LOT | 0.27 acre(s) |
| POOL | Yes |
| POOL DESCRIPTION | Heated,Private |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Modern |
| SUBDIVISION | OTHER |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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