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.
7 days
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338
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18
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Zillow last checked:
Listing updated:
Listed by:
Michael BenteDRE #01819794714-393-6486,
Luxre Realty, Inc.,
Debra GietterDRE #01720849,
Luxre Realty, Inc.
Source: CRMLS,MLS#: OC26160501Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 6
Rooms
Room types: Bedroom, Entry/Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
Features: Main Level Primary
Bedroom
Features: Bedroom on Main Level
Other
Features: Walk-In Closet(s)
Heating
Central
Appliances
Included: 6 Burner Stove, Gas Cooktop, Gas Range, Indoor Grill, Microwave, Refrigerator, Range Hood
Laundry: Gas Dryer Hookup, In Garage
Features
Ceiling Fan(s), Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Flooring: Laminate, Vinyl
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 2,918
Total interior livable area: 2,918 sqft
Property
Parking
Total spaces: 2
Parking features: Direct Access, Garage Faces Front, Garage
Garage spaces: 2
Features
Levels: Two
Stories: 2
Entry location: Front
Exterior features: Rain Gutters
Pool features: None
Spa features: None
Fencing: Block,Brick,Stone
Has view: Yes
View description: None
Lot
Size: 8,470 Square Feet
Features: 0-1 Unit/Acre
Details
Parcel number: 16726115
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family
Materials
Drywall, Concrete, Stone
Foundation: Concrete Perimeter, Slab
Roof: Spanish Tile
Condition
Updated/Remodeled,Turnkey
New construction: No
Year built: 1976
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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