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Sold for $1,750,000 on 10/31/23
  • Listing Provided by: 

    Vinh Pham DRE #02054997 657-233-5233,

    NRI Group,

    Nhi Phan DRE #02178756 657-233-5233,

    ML Realty & Mortgage

    Bought with: Best Realty & Finance, Inc.
    $1,750,000

    16129 Evans Cir, Fountain Valley, CA 92708

    7beds
    2,740sqft
    Single Family Residence
    Built in 2023
    0.27 Acres Lot
    $1,782,100 Zestimate®
    $639/sqft
    $4,605 Estimated rent

    Owner options

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    $4,605/mo

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    $4,605/mo

    Rent Zestimate®

    Refinance and save

    $10,793/mo

    Est. payment

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    $10,793/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: November 01, 2023 at 12:46pm

    Listing Provided by:

    Vinh Pham DRE #02054997 657-233-5233,

    NRI Group,

    Nhi Phan DRE #02178756 657-233-5233,

    ML Realty & Mortgage

    Bought with:

    Nathan Nguyen, DRE #01261665

    Best Realty & Finance, Inc.

    Source: CRMLS,MLS#: PW23177837MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    • Main level bathrooms: 5
    • Main level bedrooms: 7
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Gas Range
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • High Ceilings, Open Floorplan, All Bedrooms Down
    • Flooring: Vinyl
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,740 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Has private pool: Yes
    • Pool features: Heated, Private
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 14416313
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern
    • Property subtype: Single Family Residence
    Materials
    • Roof: Shingle
    Condition
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Fountain Valley
    • Subdivision: Other

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA
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    Estimated market value
    $1,782,100