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.
2,918 Sq Ft
0.1944 Private Acres Lot Size
investment
US$1,202 Monthly Tax
Built in 1976
MLS/Listing ID OC26160501
2 Stories
1 Units
In Garage
Parking - Direct Access
Parking - Garage Faces Front
Parking - Garage
Public Water
Public Sewer
Gas Dryer Hookup
Walk-in Closets
Main Level Primary
Bedroomon Main Level
Storage
Recessed Lighting
Cooling - Ceiling Fans
Slab
Concrete Perimeter
Refrigerator
Microwave
Indoor Grill
Gas Range
Gas Cooktop
Vinyl
Laminate
Stone
Brick
Block
Rain Gutters
Construction - Stone
Construction - Concrete
Construction - Drywall
Community - Sidewalks
Community - Street Lights
Community - Curbs
Style - Traditional
Range Hood
TOTAL MONTHLY COST
US$0
US$0
US$0