
Coto De Caza, California 92679
This unique multi-unit property represents a High-Potential Investment Opportunity, listed at a List Price of $1,020,000—positioned slightly above the $982,411 Fair Market Value by -3%. Featuring a Condition Rating of 3, this Townhouse offers a versatile layout with a Remodeled Kitchen and Paid-Off Solar System. Its configuration into three separate living spaces provides significant rental income potential. Located near Top-Rated Schools like Tijeras Creek Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23541 Avenida La Caza Subject | $950,000* List Price | 0 | 0 | 1,780 | $547 | - |
A 23551 Avenida La Caza 129 Sold | $1,036,000 | 3 | 3 | 1,780 | $582 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1978, the property has undergone significant interior renovations including a remodeled kitchen with granite countertops and modern cabinetry, plus updated kitchenettes in the studio units. The addition of paid-off solar panels and mini-split HVAC systems indicates well-maintained systems, making the home move-in ready.
Elementary School: Wagon Wheel Elementary School (9/10).
The unique configuration into three separate living units—a one-bedroom and two studios—offers rare versatility for investors or multi-generational families, with a projected monthly rental income of $7,000.
Equipped with a fully paid-off solar system and benefiting from a low property tax rate, this home provides significant monthly savings on utility and carrying costs.
Built in 1978, the property may require more frequent maintenance or updates to original systems and structural components compared to newer developments within Coto de Caza.
While elementary schools are nearby, the assigned middle school is located over 10 miles away, which may be a significant drawback for families with older children.
Rare Multi-Unit Opportunity in the Gated Community of Coto de Caza! Don't miss this rare opportunity to own a unique Village townhome with an original design configured into three separate living spaces. Offering incredible versatility and huge energy savings with paid-off solar panels, this condo is perfect as a high-performing investment property, a multi-generational residence, or an owner-occupied home with rental income to offset your mortgage. Property Layout & Highlights Downstairs 1-Bedroom Unit: Open-concept main living area featuring high ceilings, a skylight, fireplace, and direct access to a private back patio within 100 feet of the association pool and greenbelt. Remodeled kitchen equipped with granite countertops, white cabinetry, modern hardware, stainless steel appliances, and a breakfast counter. Features a private interior balcony (currently used as an office) overlooking the main living area and the convenience of an in-unit washer and dryer. Two Upper-Level Studio Units: Two bright, airy studios with high ceilings. Each studio includes its own dedicated kitchenette and a private full ensuite bath. Flexibility & Layout: Ideal setup for 3 separate rentals, or open them up to live in the entire home as a 3-bedroom, 3-bath residence. Projected rental income across all three units is $7,000 per month. Garage & Parking: 2-car attached garage equipped with a shared washer and dryer dedicated for the upstairs units. Includes 2 additional assigned parking spots (4 total spaces). Upgrades & Community Amenities Paid-Off Solar System: Enjoy significant savings on monthly electricity bills! Low property tax rate and located in a prime end-unit location with views of the pool and lush greenbelt. Walking distance to local Coto school bus stops, a dog park, a family park, and direct access to miles of scenic hiking, biking, and equestrian trails. Centrally located in Orange County—just 25 minutes from John Wayne Airport (SNA), pristine Southern California beaches, and top-tier shopping and dining just outside the gates.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-6 • 1.8 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,780 | 1,744.667 |
| Lot Size | 124,985 | 211,575.667 |
| Price | $950.0K | $1.03M |
| Price per sq ft | $534 | $595 |
| Built year | 1978 | 1997 |
| HOA | $519.0 | $413 |
| Days on market | 35 | 95 |
Sep 5, 2026
$950,000
$995,000
-5% Price Drop
Initial Listing
Aug 12, 2026
$995,000
$1,020,000
-2% Price Drop
Initial Listing
Aug 5, 2026
$1,020,000
Initial Listing
Apr 9, 2025
$1,080,000
Public Record
Jun 15, 2016
$536,000
Public Record
Oct 29, 2012
$295,000
Public Record
Feb 8, 2006
$545,000
Public Record
Mar 28, 1996
$44,500
Public Record