22716 La Quinta Drive, Mission Viejo, CA 92691
Single-family home
Sold July 2023
Listing Agent: Jeff Davis (DRE #01240530) · Listing Office: HomeSmart, Evergreen Realty · Contact: 949-365-1888 · Bought with: Sari Ward · First Team Real Estate · MLS #OC23104245 · Source: CRMLS
About this single-family home
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.
Listing description from the July 2023 sale, as reported to CRMLS.
Sale history