
Mission Viejo, California 92691
This Turnkey Multi-Unit Residence is a High-Potential Investment Opportunity, listed at $1,450,000—positioned well below the $1,474,971 Fair Market Value by 1.7%. This valuation gap offers $24,971 in Instant Equity. Featuring a fully remodeled 3-bedroom main home and 1-bedroom ADU, the property boasts an Excellent Condition Rating with modern upgrades like tankless water heaters and EV chargers. With panoramic city and mountain views and Lake Mission Viejo access, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26411 Via Gaviota 2 Subject | $1,450,000* List Price | 0 | 0 | 1,922 | $754 | - |
A 26536 Avenida Veronica Sold | $1,505,500 | 3 | 2 | 1,935 | $778 | 0.3 mi |
B 26581 Avenida Veronica Sold | $1,422,500 | 3 | 2 | 1,766 | $805 | 0.3 mi |
C 26451 Avenida Deseo Sold | $1,325,000 | 5 | 2 | 1,788 | $741 | 0.4 mi |
D 23652 Amalia Sold | $1,379,000 | 3 | 2 | 1,940 | $711 | 0.3 mi |
E 26521 Lope De Vega Sold | $1,400,000 | 3 | 2 | 1,820 | $769 | 0.4 mi |
F 22995 Via San Juan Sold | $1,355,000 | 3 | 2 | 1,786 | $759 | 0.6 mi |
G 26461 Via Lara Sold | $1,249,000 | 4 | 2 | 1,542 | $810 | 0.7 mi |
H 26511 Mimosa Sold | $1,230,000 | 4 | 3 | 2,037 | $604 | 0.8 mi |
I 26411 Via Gaviota Active | $1,450,000 List Price | 4 | 3 | 1,922 | $754 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, the property has undergone a comprehensive, high-end renovation within the last few years. It features a new roof, updated plumbing, a new electrical panel, and tankless water heaters. The interior is in mint condition with fully remodeled kitchens and bathrooms, modern tile flooring, and new windows throughout, qualifying it as a turnkey residence.
The property features a main 3-bedroom residence and a fully updated 1-bedroom ADU, currently generating a combined $6,700 monthly rental income, offering immediate cash flow or multi-generational flexibility.
Extensively upgraded with a new roof, plumbing, electrical systems, tankless water heaters, and EV chargers, providing a turnkey experience with significantly reduced immediate maintenance costs.
Boasts stunning panoramic city, canyon, and mountain views, complemented by exclusive access to Lake Mission Viejo’s private beaches, boating, and recreational facilities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6579, other record lot size in square feet = 6000. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1922, other record living area = 1463.
The property is currently occupied by tenants in both units, which may complicate immediate possession for owner-occupants or require navigating existing lease agreements.
With only three designated parking spaces for two separate living units, parking may become congested for residents and guests, despite the availability of street parking.
Fully Remodeled Mission Viejo View Home with ADU, Rental Income Potential & Lake Access Beautifully remodeled single-family residence offering exceptional versatility with two separate living spaces and stunning panoramic Mission Viejo views. Located in the highly desirable community of Mission Viejo, this property features a 3-bedroom, 2-bath main residence plus a fully updated 1-bedroom, 1-bath ADU—ideal for multi-generational living, extended family, a private guest suite, or excellent rental income potential. The property offers attractive potential rental income, with an estimated $5,200/month for the main residence and $3,000/month for the ADU. Rental amounts are estimates only; buyer to independently verify rental potential and all property details. Extensively upgraded throughout, the property features a new roof, new plumbing, upgraded electrical system with new main panel and subpanel serving both units, and two new tankless water heaters, one for each unit. Interior upgrades include new cabinetry, tile flooring, beautifully remodeled bathrooms with modern vanities, upgraded showers and fixtures, smart toilets, and new windows in both residences. Smart switches and outlets provide additional convenience and efficiency. Both living spaces feature fully equipped kitchens and in-unit laundry with appliances included. A dramatic full marble fireplace wall creates a striking focal point in the main residence. Additional features include separate mailboxes, a dual-zone mini-split A/C system for the ADU, and two EV chargers—one for each unit. Enjoy outdoor living with a private Jacuzzi spa, expansive city views, and a mature avocado tree. The property also offers three parking spaces in front, along with ample street parking. Residents enjoy access to Lake Mission Viejo, offering beaches, boating, concerts, and a variety of recreational activities. Situated on an approximately 6,579 sq. ft. lot, this turnkey property combines modern upgrades, flexible living arrangements, beautiful views, and outstanding rental income potential in one of Orange County’s most desirable communities. Buyer to verify all property information, permits, square footage, rental potential, and Lake Mission Viejo membership/access eligibility.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 0.9 mi
Grades 7-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.7 |
| Square foot | 1,922 | 1,991.55 |
| Lot Size | 6,579 | 6,066.337 |
| Price | $1.45M | $1.37M |
| Price per sq ft | $754 | $682 |
| Built year | 1972 | 1977 |
| HOA | $32.0 | $221 |
| Days on market | 101 | 47 |
May 31, 2026
$1,450,000
Initial Listing
Mar 1, 2004
$495,000
Public Record