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16806 Olive St, Fountain Valley, CA 92708

List Price: $1,779,000On Market FlagOn market
Aug 14, 20252,301 sqft5 beds3 baths
Listed by: Jason Croswell
License #: 02009492
Phone #: 714-500-3300
Seven Gables Real Estate
Source:
CRMLS Logo
MLS #: OC25183600

Property Description

Fully remodeled, income-generating powerhouse in the highly coveted Westmont neighborhood of Fountain Valley! Sitting on a massive 7,200 sq. ft. lot, this 5-bedroom, 3-bath stunner is already configured as a 2-unit property and primed for huge returns — live in one, rent the other, or add an ADU to create a triplex and unlock serious cash flow. This Home is a Fountain Valley ShowStopper, designed for style, space, Multi-Generational Living and everything in between! Upstairs, the sprawling primary suite offers a private retreat with a custom bathroom, large walk in shower, and dual vanities. Downstairs, four large bedrooms include an en suite perfect for in-laws or a guest quarters. The open-concept floor plan is loaded with upgrades: brand-new designer kitchen with quartz counters, oversized island, self-closing cabinets, and new stainless steel appliances; spacious living room; luxury vinyl flooring; custom bathrooms; dual-pane windows; central AC; and fresh landscaping. For anyone wanting the rare blend of luxury, location, and income potential in one property — this is the Fountain Valley opportunity you’ve been waiting for! Close to Freeways, and situated in the Top Rated Fountain Valley School District, this is the ONE you've been waiting for!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,127

TurboHome Estimated Value

$1,360,400

$591 sqft

High Valuation
$1,428,420
$621/sqft
Normal Valuation
$1,360,400
$591/sqft
Low Valuation
$1,292,380
$562/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$591/sqft$1,360,400

Neighborhood: Westmont (WMON)

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Comparative Value

$1.38M

$1.50M

$1.57M

$1.78M

16762 Madrone Cir, Fountain Valley, CA 92708

Sale Price: $1,375,000

Selected Comparable

16768 Bushard St, Fountain Valley, CA 92708

Sale Price: $1,385,000

Selected Comparable

16660 Spruce Cir, Fountain Valley, CA 92708

Sale Price: $1,400,000

Selected Comparable

16817 Redwood St, Fountain Valley, CA 92708

Sale Price: $1,498,000

Selected Comparable

16677 Olive St, Fountain Valley, CA 92708

Sale Price: $1,570,000

Selected Comparable

16806 Olive St, Fountain Valley, CA 92708

List Price: $1,779,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
16806 Olive St, Fountain Valley, CA 92708

16806 Olive St, Fountain Valley, CA 92708

List: $1,779,000

Listed: 8/14/2025

Area:2,301 sqft
Price/sqft:$773
Beds:5
Baths:3
Year Built:
Lot Size:7,200

Comparable Properties

COMPARABLE
Choose comps
16677 Olive St, Fountain Valley, CA 92708

16677 Olive St, Fountain Valley, CA 92708

Sale: $1,570,000

2/28/20250.13 mi

Area:1,851 sqft
Price/sqft:$848
Beds:5
Baths:3
Year Built:
Weight:22.1%
16817 Redwood St, Fountain Valley, CA 92708

16817 Redwood St, Fountain Valley, CA 92708

Sale: $1,498,000

5/6/20250.23 mi

Area:1,940 sqft
Price/sqft:$772
Beds:5
Baths:2
Year Built:
Weight:20.2%
16660 Spruce Cir, Fountain Valley, CA 92708

16660 Spruce Cir, Fountain Valley, CA 92708

Sale: $1,400,000

7/23/20250.26 mi

Area:1,883 sqft
Price/sqft:$743
Beds:4
Baths:3
Year Built:
Weight:19.5%
16768 Bushard St, Fountain Valley, CA 92708

16768 Bushard St, Fountain Valley, CA 92708

Sale: $1,385,000

3/12/20250.06 mi

Area:2,000 sqft
Price/sqft:$693
Beds:4
Baths:3
Year Built:
Weight:19.2%
16762 Madrone Cir, Fountain Valley, CA 92708

16762 Madrone Cir, Fountain Valley, CA 92708

Sale: $1,375,000

7/29/20250.15 mi

Area:1,800 sqft
Price/sqft:$764
Beds:4
Baths:3
Year Built:
Weight:19.1%

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