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Key Details
Sold Price $647,000
Property Type Manufactured Home
Sub Type Manufactured On Land
Listing Status Sold
Purchase Type For Sale
Subdivision Alipaz (Alip)
MLS Listing ID OC22047325
Sold Date 04/27/22
Bedrooms 3
Full Baths 2
Condo Fees $224
Construction Status Updated/Remodeled,Turnkey
HOA Fees $224/mo
HOA Y/N Yes
Year Built 1973
Lot Size 3,828 Sqft
Property Description
Among the rarest opportunities in the sought after community of Rancho Del Avion, this fully redesigned two-unit Mid-Century Modern home is a special offering. Featuring a completely redesigned 2 bedroom 1 bath front unit (approx. 1,326 SF) with smooth drywall, white-oak hardwood floors, fully custom flat panel Walnut kitchen, Thermador 4 burner gas range, recessed lighting, and brand new vinyl windows and slider door. Rear unit is approximately 285 SF and contains a full-size kitchen with standard appliances, brand new countertop and kitchen cabinets, subway tile backsplash, and a very generous ensuite bathroom with ample storage. Private yard area for the studio as well. Main home yard space with elevated deck and grass area is enclosed by the newly installed Mid-Century style Teak wood fence and the generous sized parcel is studded with over 15 fruit trees and raised vegetable beds. Rear unit is currently a home office yet rents for $1,500/month and the front home can rent for $3,000/month. Community IS NOT on leased land. The community has purchased the rights to the community in full, until 2069. Only association related fee is a HOA of $224/month. Home can produce an 8.8% gross cap rate if fully rented yet has only been used as a primary residence. Both units can be converted back to the original 3 bedroom 2 bathroom home very easily.
Location
State CA
County Orange
Area Do - Del Obispo
Rooms
Main Level Bedrooms 3
Ensuite Laundry In Kitchen
Interior
Interior Features Ceiling Fan(s), Separate/Formal Dining Room, In-Law Floorplan, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
Laundry Location In Kitchen
Heating Forced Air
Cooling None
Flooring Tile, Wood
Fireplaces Type Gas, Wood Burning
Fireplace Yes
Appliance Dishwasher, Refrigerator, Range Hood, Water Softener, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Water Purifier
Laundry In Kitchen
Exterior
Garage Attached Carport, Covered, Carport, Direct Access, Garage Faces Front, Garage, Paved
Garage Spaces 3.0
Garage Description 3.0
Fence Block, Wood
Pool Association
Community Features Dog Park, Park, Urban
Amenities Available Call for Rules, Clubhouse, Sport Court, Dog Park, Maintenance Grounds, Picnic Area, Playground, Pool, RV Parking, Spa/Hot Tub
View Y/N Yes
View Hills, Mountain(s)
Roof Type Metal
Porch Rear Porch, Covered, Deck, Front Porch, Patio, Porch, Tile
Parking Type Attached Carport, Covered, Carport, Direct Access, Garage Faces Front, Garage, Paved
Attached Garage Yes
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Pier Jacks, Quake Bracing, Raised
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Schools
School District Capistrano Unified
Others
HOA Name Rancho Del Avion
Senior Community No
Tax ID 89241133
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Maria Vasquez Aguinaldo • Keller Williams Realty Calabasas
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605