Fountain Valley, CA 92708,16129 Evans CIR
Fountain Valley, CA 92708,16129 Evans CIR
Fountain Valley, CA 92708,16129 Evans CIR
Fountain Valley, CA 92708,16129 Evans CIR
Fountain Valley, CA 92708,16129 Evans CIR
Fountain Valley, CA 92708,16129 Evans CIR
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$1,750,000

$1,695,000

3.2%
Est.Price: ?

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Est. payment /mo

7 Beds

5 Baths

2,740 SqFt


SOLD DATE : 10/31/2023

Key Details

Sold Price $1,750,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,740 sqft

Price per Sqft $638

Subdivision ,Other

MLS Listing ID PW23177837

Sold Date 10/31/23

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 2023

Lot Size 0.273 Acres

Property Description

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.

Location

State CA

County Orange

Area 16 - Fountain Valley / Northeast Hb

Rooms

Main Level Bedrooms 7

Interior

Interior Features High Ceilings, Open Floorplan, All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance Disposal, Gas Range

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool Heated, Private

Community Features Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Shingle

Attached Garage Yes

Total Parking Spaces 2

Private Pool Yes

Building

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories One

New Construction Yes

Schools

School District Garden Grove Unified

Others

Senior Community No

Tax ID 14416313

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Vinh Pham • NRI Group
Bought with Nathan Nguyen • Best Realty & Finance, Inc.
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