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    18542 E Spring Street

    Orange, CA 92869
    • $1,395,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: IV21124230
    UPDATED: 235 min ago
    $1,395,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Ratings & Info

    Description

    MAJOR PRICE REDUCTION OF 100K!!! HURRY WILL NOT LAST!!! A fantastic opportunity to own an unique property in the heart of Orange County. The property features a single family home (18542 E. Spring St.) with 3 bedrooms and 2 bathrooms with an attached 2 car garage with direct access AND a brand new permitted 1,200 square foot Accessory Dwelling Unit (ADU) (18544 E. Spring St.) home that also features 3 large bedrooms and 2 full bathrooms. This is very ideal for an expanded family who want to live together on one property (back house recently leased for 1 year), or a new homeowner who wants to live in either home and lease the other, or a seasoned investor who may want to lease both homes for great rental income. This property is situated in a prime location near schools, shopping areas, restaurants, parks and a quick drive to the 22, 55 and 5 freeways. The front house is a single story home recently remodeled from the ground up. The home includes a gourmet kitchen style with a grand island, quartz countertops, white shaker cabinets, and stainless steel appliances. The entire home includes newer tile flooring, interior paint, doors, bathrooms, fixtures, roof, windows, air conditioning system, exterior stucco, newly drywalled 2-car garage, and automatic irrigated landscaping.The second home was just completed and just leased to new tenants. It's a 2-story 3 bedroom 2 bathroom home with solar panels (paid off), a Central A/C and Heating system, a private front yard with crisp new landscaping with automatic irrigation, attached two car garage, and all appliances and features are brand new. Master bedroom occupies the entire first floor with a walk-in closet and large bathroom with the remaining two bedrooms, bathroom, living/dining area, and open kitchen on the second floor. The living/dining area is open to the kitchen, which includes white shaker cabinets and a walk-in pantry for extra storage. Both share access to a large and spacious driveway with a recently installed electrical gate. All utilities are separately metered so both homes will get separate power, gas, water, and refuse service and billing.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T00:25:16.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
    www.searchwithcompass.com/homes/119006120
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    18542 E Spring Street Orange, CA 92869

    • Price: $1,395,000
    • Status: Active
    • Updated: 235 min ago
    • ID#: IV21124230
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1971
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    MAJOR PRICE REDUCTION OF 100K!!! HURRY WILL NOT LAST!!! A fantastic opportunity to own an unique property in the heart of Orange County. The property features a single family home (18542 E. Spring St.) with 3 bedrooms and 2 bathrooms with an attached 2 car garage with direct access AND a brand new permitted 1,200 square foot Accessory Dwelling Unit (ADU) (18544 E. Spring St.) home that also features 3 large bedrooms and 2 full bathrooms. This is very ideal for an expanded family who want to live together on one property (back house recently leased for 1 year), or a new homeowner who wants to live in either home and lease the other, or a seasoned investor who may want to lease both homes for great rental income. This property is situated in a prime location near schools, shopping areas, restaurants, parks and a quick drive to the 22, 55 and 5 freeways. The front house is a single story home recently remodeled from the ground up. The home includes a gourmet kitchen style with a grand island, quartz countertops, white shaker cabinets, and stainless steel appliances. The entire home includes newer tile flooring, interior paint, doors, bathrooms, fixtures, roof, windows, air conditioning system, exterior stucco, newly drywalled 2-car garage, and automatic irrigated landscaping.The second home was just completed and just leased to new tenants. It's a 2-story 3 bedroom 2 bathroom home with solar panels (paid off), a Central A/C and Heating system, a private front yard with crisp new landscaping with automatic irrigation, attached two car garage, and all appliances and features are brand new. Master bedroom occupies the entire first floor with a walk-in closet and large bathroom with the remaining two bedrooms, bathroom, living/dining area, and open kitchen on the second floor. The living/dining area is open to the kitchen, which includes white shaker cabinets and a walk-in pantry for extra storage. Both share access to a large and spacious driveway with a recently installed electrical gate. All utilities are separately metered so both homes will get separate power, gas, water, and refuse service and billing.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Other Structures Second GarageGuest HouseTwo On A Lot Parking Features Garage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

    Interior Features

    Appliances DishwasherDisposalGas OvenGas RangeWater Heater Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetTile Heating Central Heating YN Yes Interior Features Bedroom On Main Level Window Features BlindsScreens

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features ParkStorm Drain(S)Street LightsSidewalks Disclosures Familial Relation Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 84000 Insurance Expense 2000 Land Lease YN No Laundry Features In Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 65555 New Construction YN No New Taxes Expense 16445 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 18445 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public

    Listing provided courtesy of Yacoub Farsakh of Central Pacific Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T00:25:16.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
     
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