
Fountain Valley, California 92708
This Prime Investment Opportunity is a Single Family Residence listed at $2,875,000, which is positioned above the $2,447,175 Fair Market Value. While not a discount acquisition, the property offers immediate stability as a Buy-and-Hold Investor asset, currently generating $15,000 in monthly rental income. Featuring a Condition Rating of 2 with a high-end modern remodel, a massive kitchen island, and a detached bonus room, this turnkey property is ideal for Portfolio Investors seeking long-term, inflation-hedged cash flow in a premier Orange County location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17928 Toiyabe Subject | $2,875,000* List Price | 0 | 0 | 2,918 | $839 | - |
A 9560 La Amapola Avenue Sold | $2,160,000 | 5 | 3 | 2,918 | $740 | 0.4 mi |
B 9355 Tanager Sold | $2,120,000 | 4 | 4 | 2,606 | $814 | 1.0 mi |
C 10421 Saint Anna Place Sold | $2,155,000 | 4 | 5 | 3,107 | $694 | 0.6 mi |
D 18874 Mount Cimarron Street Active | $2,350,000 List Price | 4 | 3 | 2,905 | $809 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years. It features a modern open-concept kitchen with professional-grade appliances and quartz countertops, fully updated contemporary bathrooms with designer tile and fixtures, updated recessed lighting throughout, and premium exterior hardscaping.
The property generates a substantial $15,000 monthly rental income with a 3-year lease and 5% annual increases, offering immediate cash flow and hedge against inflation.
Features a premium open-concept kitchen with a massive quartz island, professional 6-burner range, and a rare 5-bedroom, 6-bathroom configuration that maximizes utility and value.
The 8,470 square foot lot includes a detached bonus room and low-maintenance artificial turf, providing versatile outdoor living space that is highly attractive in the Fountain Valley market.
Due to the long-term tenant lease and extension options, the property is not suitable for buyers looking for a primary residence to occupy in the near future.
While tenants cover utilities, the owner remains responsible for all property repairs, which could impact net returns on a structure originally built in 1976.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.8 |
| Square foot | 2,918 | 1,987.304 |
| Lot Size | 8,470 | 7,200.391 |
| Price | $2.88M | $1.51M |
| Price per sq ft | $985 | $760 |
| Built year | 1976 | 1969 |
| HOA | $0 | $207 |
| Days on market | 45 | 40 |
Jul 26, 2026
$2,875,000
Initial Listing
Nov 15, 2021
$1,230,000
Public Record