How would you like to own a home that practically pays for itself? Does this sound too good to be true? Well it isn't. The current owner of this home has had the front/permitted addition of this home available for rent through Airbnb for several years. This additional unit over the last year has generated $57,000 or $4,750 per month in average net income. This is PRIOR to the recent renovations that have been done to the home. This means that a rent survey can be done along with the process of your home loan to increase your buying potential! This also means that you can be a homeowner and a real estate investor with the same home. I have been in the real estate business for 25 years and I have yet to see an opportunity like this. This beautifully remodeled home is also a perfect for those that are living with family and need their own space, have older children living at home or for those that just need a private space for their guests. This space even has it's own private patio and separate entrance. This space also has direct access to the main residence and can easily and inexpensively be separated for privacy if you choose. The recent upgrades to the home include all new interior paint and exterior trim, luxury vinyl floors and new baseboard, new hardware, faucets, lighting fixtures, vanities, mirrors, recessed lighting, appliances and quartz countertops. The main suite also has a permitted addition with direct access to the backyard. Out back you will find a Sumo, Navel, Blood Red and Valencia Orange tree, a Kumquat tree, Eureka Lemon, Pink Grapefruit and a Strawberry Guava tree! This home shows attention to detail in every way and has a versatility of use that is hard to find.
Sold for $1,202,000 on 07/13/23
Listing Provided by:
Jeff Davis DRE #01240530 949-365-1888,
HomeSmart, Evergreen Realty
Bought with: First Team Real Estate
$1,202,000
22716 La Quinta Dr, Mission Viejo, CA 92691
4beds
1,823sqft
Single Family Residence
Built in 1970
5,130 Square Feet Lot
$1,303,300 Zestimate®
$659/sqft
$4,782 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 14, 2023 at 02:22am
Listing Provided by:
Jeff Davis DRE #01240530 949-365-1888,
HomeSmart, Evergreen Realty
Bought with:
Sari Ward, DRE #01774861
First Team Real Estate
Source: CRMLS,MLS#: OC23104245
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Range, Microwave
- Laundry: In Garage
Features
- Ceiling Fan(s), Quartz Counters, Recessed Lighting, All Bedrooms Down, Primary Suite
- Flooring: Vinyl
- Doors: Double Door Entry
- Windows: Bay Window(s)
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,823 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Door-Single, Driveway, Garage Faces Front, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: front
- Patio & porch: Brick, Concrete
- Pool features: None
- Fencing: Block,Wood
- Has view: Yes
- View description: None
Lot
- Size: 5,130 sqft
- Features: 0-1 Unit/Acre
Details
- Additional structures: Guest House Attached
- Parcel number: 81101320
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Turnkey
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Mission Viejo
- Subdivision: Seville (Se)
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,Submit
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Estimated market value
$1,303,300