Exceptional Investor Opportunity with Approved ADU Permit & High Income Potential! Situated on a generous 7,452 sq ft lot, this property includes an approved ADU permit, making it ideal for a fix & flip, rental portfolio, or future development. The main home features 3 spacious bedrooms and 2 bathrooms, plus a converted garage currently used as a 4th bedroom with a private bath—perfect for separate rental income. The home is currently rented at $4,000/month, with easy potential to increase to $4,500+, plus the additional income from a future ADU. With the ADU, You can make it 3 rental unit on 1 lot or live in 1 and rent out the other 2 units. Enjoy modern upgrades including Fully Paid-Off SOLAR for low utility costs, recessed lighting, granite kitchen countertops, fresh interior paint, washer/dryer hookups, and a gated concrete driveway that accommodates 6+ vehicles—no parking issue. Despite its proximity to a main road, the home remains quiet and private, offering a peaceful environment with no parking hassles. Ideally located near major freeways, parks, dog parks, popular restaurants, Asian markets, and top-rated 8/10 schools—including Bolsa Grande High School, and highly rated elementary and intermediate schools—this property combines location, income potential, and long-term value. Whether you're a seasoned investor or a first-time buyer aiming to maximize returns, this is a standout opportunity. Can be delivered vacant or tenant-occupied—the choice is yours!
Days on market: 9
Listing updated: May 28, 2025 - 08:45:05
Listed by: Dao Tran DRE #02227752 714-536-9292, First Team Real Estate - Orange County
Source: Orange County, MLS#: I549 Originating MLS: CRMLS
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-31 02:38:57 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.