Get the App

16129 Evans Circle, Fountain Valley, CA 92708

Single-family home · 2 recorded sales since 2022

16129 Evans Circle, Fountain Valley, CA 92708 Sold October 2023 CRMLS
$1,750,000Sold October 2023

Listing Agent: Vinh Pham (DRE #02054997) · Listing Office: NRI Group · Contact: 657-233-5233 · Bought with: Nathan Nguyen · Best Realty & Finance, Inc. · MLS #PW23177837 · Source: CRMLS

7
Bedrooms
5
Bathrooms
2,740
Sq Ft
11,875 sqft
Lot Size
2023
Year Built
Single-family home
Type
1
Stories
2
Garage
Yes
Pool
CentralAir
Cooling
Central
Heating
Neighborhood
View

About this single-family home

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.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,750,000
Sold October 2023 · listed $1,695,000, on market September 2023 · MLS #PW23177837 · Source: CRMLS
Listing Agent: Vinh Pham · Listing Office: NRI Group · Contact: 657-233-5233 · Bought with: Nathan Nguyen · Best Realty & Finance, Inc.
$1,045,000
Sold October 2022 · listed $1,049,000, on market August 2022 · MLS #OC22194850 · Source: CRMLS
Listing Agent: Edgar Scholte · Listing Office: Seven Gables Real Estate · Contact: edgar.scholte@icloud.com · Bought with: Vinh Pham · NRI Group
See homes for sale in Fountain Valley Open the Nalren App

Explore Fountain Valley