11617 Carnation, Fountain Valley, California 92708, Fountain Valley, 92708 - 4 bed, 2 bath
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11617 Carnation
Fountain Valley, California 92708
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,596Sq Ft
10,712Lot Size
Property Price
LIST PRICE$1,298,000
EST. MARKET VALUE
$1,463,661
11% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,298,000—positioned well below the $1,463,661 Fair Market Value by 11%. This valuation gap offers $165,661 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires significant rehabilitation, yet the 10,712 sqft oversized lot provides rare potential for an ADU or custom expansion. Ideally suited for Fix-and-Flip Investors or Owner-Occupants, this cul-de-sac asset offers a strategic path to building substantial equity in a sought-after Fountain Valley neighborhood.
Estimated Market Value
$1,463,661+$165,661 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fountain Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11617 Carnation Subject | $1,298,000* List Price | 4 | 2 | 1,596 | $917 | - |
A 11824 Purslane Sold | $1,325,000 | 4 | 3 | 2,210 | $600 | 0.6 mi |
B 11414 Sylvanite Circle Sold | $1,460,000 | 5 | 3 | 2,093 | $698 | 0.7 mi |
C 11386 Ivory Avenue Active Under Contract | $1,179,000 List Price | 3 | 2 | 1,478 | $798 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1964 and explicitly marketed as a fixer-upper, the property shows significant signs of neglect and deferred maintenance. Interior photos reveal a bathroom in a state of disrepair with missing tiles and exposed wall sections, popcorn ceilings, and missing light fixtures. The home requires a full rehabilitation of its kitchen, baths, and likely its original systems to be considered move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10712, living area = 1596.
- Expansive Lot Size
The property features a massive 10,712 sqft oversized lot, providing rare outdoor space and significant potential for an ADU or custom landscaping in a dense suburban area.
- Prime Cul-de-Sac Location
Ideally situated on a quiet residential cul-de-sac near Mile Square Regional Park and major freeways, offering a peaceful environment with convenient access to shopping and dining.
CONSRISKS & DEFICIENCIES
- Fixer-Upper Condition
The property is in need of significant renovation and customization, requiring a buyer with the vision and budget to handle extensive repairs and updates.
- Dated Infrastructure
Built in 1964, the home likely requires modernization of its original systems and finishes to meet contemporary standards and energy efficiency.
About 11617 Carnation
Opportunity awaits at 11617 Carnation Avenue! Situated on a quiet residential cul-de-sac, Massive oversized lot! This 4-bedroom, 2-bathroom home offers a functional floor plan and endless potential for renovation and customization. Bring your vision and transform this fixer-upper into a home that reflects your personal style or a rewarding investment opportunity. Ideally located near Costco, Mile Square Regional Park, schools, shopping, dining, and convenient access to the 405 and 22 freeways. Whether you’re an owner-occupant, investor, or buyer looking to build equity, this property presents an exciting opportunity in a sought-after Fountain Valley neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 10,712 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,596 | 1,987.304 |
| Lot Size | 10,712 | 7,200.391 |
| Price | $1.30M | $1.51M |
| Price per sq ft | $813 | $760 |
| Built year | 1964 | 1969 |
| HOA | $0 | $207 |
| Days on market | 6 | 40 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,298,000
Initial Listing
Sold
Oct 31, 1997
$165,000
Public Record