17928 Toiyabe Fountain Valley, CA $ 2,875,000
17928 Toiyabe
$ 2,875,000
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17928 Toiyabe

Fountain Valley, CA, 92708
$ 2,875,000
Baths3.0 Sq 2,918

Monthly Estimate*

$ 18,153

Listed by Luxre Realty, Inc.
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Studio

Multi-Family Home for sale in Fountain Valley, CA

for $2,875,000 with 3 full baths. This 2,918 square foot home was built in 1976 on a lot size of 0.1944.

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.

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Multi-Family Active

Price

$ 2,875,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 14,419

Style

Lot Size

0.1944

Year Built

1976

Town/City

Fountain Valley

County/Region

Orange

MLS | Web ID

OC26160501

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected
Possession See Remarks
Roof Spanish Tile
Appliances 6 Burner Stove Gas Cooktop Gas Range Indoor Grill Microwave Refrigerator Range Hood
HOA Fee 0
Garage Spaces 2
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Drywall Concrete Stone
Year Built 1976
Electric Standard
Tenant Pays All Utilities Cable TV Electricity Gas Sewer Trash Collection Telephone Water
View None
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Gross Income 180000
Community Features Curbs Street Lights Sidewalks
County Orange
Net Operating Income 159774
Operating Expense 20226
Insurance Expense 2307
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 3500
Subdivision Name other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Brookhurst Street head east on Talbert Avenue turn left on Santa Mariana Street left on Toiyabe Street then left onto Toiyabe Circle. Property is located in the cul-de-sac
City Fountain Valley
Entry Location Front
Senior Community Y/N false
Number Of Units Total 1
MLS Area 16 - Fountain Valley / Northeast HB
Lot Size Units Square Feet
Lot Size Square Feet 8470
Listing Terms Cash Conventional 1031 Exchange
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 14419
Electric Expense 0
Fuel Expense 0
Property Condition Updated/Remodeled Turnkey
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 36
Property Sub Type Additional Single Family Residence
Cap Rate 5.56
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Interior
Interior Amenities Ceiling Fan(s) Recessed Lighting Storage Bedroom on Main Level Main Level Primary Walk-In Closet(s)
Flooring Laminate Vinyl
Total Stories 2
Common Walls No Common Walls
Heating Y/N true
Laundry Features Gas Dryer Hookup In Garage
Entry Level 1
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Exterior
Exterior Amenities Rain Gutters
Fencing Block Brick Stone
Parking Features Direct Access Garage Faces Front Garage
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 2
Lot Size Area 8470
Foundation Details Concrete Perimeter Slab
Number of Buildings 1
Spa false
Building Area Total 2918
Lot Size Acres 0.1944
Road Surface Type Gravel Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type City Street
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* Excluded Features
List By
Luxre Realty, Inc.

Broker

cfo.luxrerealty@gmail.com

Email

Affordability Calculator

$19,355
Per Month
94%
6%
0%
Monthly Principal & Interest
$18,153
Monthly Property Taxes
$1,202
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/26/2026$2,875,000 Listed Price

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17928 Toiyabe, Fountain Valley, CA, 92708 is a Multi-Family Home for sale at $2,875,000 with 2,918 sqft and a lot size of 0.1944. 17928 Toiyabe is a studio with 3.0 baths and was built in 1976. The property's zip code is 92708 which is in Fountain Valley, CA