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Key Details
Sold Price $1,202,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,823 sqft
Price per Sqft $659
Subdivision Seville (Se)
MLS Listing ID OC23104245
Sold Date 07/13/23
Bedrooms 4
Full Baths 3
Construction Status Turnkey
HOA Y/N No
Year Built 1970
Lot Size 5,131 Sqft
Property Description
How would you like to own a home that practically pays for itself? Does this sound too good to be true? Well it isn't. The current owner of this home has had the front/permitted addition of this home available for rent through Airbnb for several years. This additional unit over the last year has generated $57,000 or $4,750 per month in average net income. This is PRIOR to the recent renovations that have been done to the home. This means that a rent survey can be done along with the process of your home loan to increase your buying potential! This also means that you can be a homeowner and a real estate investor with the same home. I have been in the real estate business for 25 years and I have yet to see an opportunity like this. This beautifully remodeled home is also a perfect for those that are living with family and need their own space, have older children living at home or for those that just need a private space for their guests. This space even has it's own private patio and separate entrance. This space also has direct access to the main residence and can easily and inexpensively be separated for privacy if you choose. The recent upgrades to the home include all new interior paint and exterior trim, luxury vinyl floors and new baseboard, new hardware, faucets, lighting fixtures, vanities, mirrors, recessed lighting, appliances and quartz countertops. The main suite also has a permitted addition with direct access to the backyard. Out back you will find a Sumo, Navel, Blood Red and Valencia Orange tree, a Kumquat tree, Eureka Lemon, Pink Grapefruit and a Strawberry Guava tree! This home shows attention to detail in every way and has a versatility of use that is hard to find.
Location
State CA
County Orange
Area Mn - Mission Viejo North
Rooms
Other Rooms Guest House Attached
Main Level Bedrooms 4
Interior
Interior Features Ceiling Fan(s), Quartz Counters, Recessed Lighting, All Bedrooms Down, Primary Suite
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type Family Room
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Range, Microwave
Laundry In Garage
Exterior
Garage Concrete, Door-Single, Driveway, Garage Faces Front, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wood
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
View Y/N No
View None
Roof Type Composition
Porch Brick, Concrete
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Private
Level or Stories One
Additional Building Guest House Attached
New Construction No
Construction Status Turnkey
Schools
School District Capistrano Unified
Others
Senior Community No
Tax ID 81101320
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Sari Ward • First Team Real Estate