
Situated in Fountain Valley's highest-rated residential corridor, 10984 Goldeneye Ave #A presents an exceptional combination of immediate livability and long-term investment potential. The property's expansive 9,880 SF lot — with 65 feet of frontage and 152 feet of depth — offers rare densification opportunities under California's evolving ADU and SB 9 housing laws.
The existing 2,916 SF single-story residence features 6 bedrooms and 5 bathrooms, providing immediate multi-generational living utility or rental income potential. The property carries a Very High Sell Score of 861 and has seen 19% appreciation over the last 24 months, reflecting the area's sustained demand fundamentals.
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California's evolving ADU and SB 9 housing laws unlock significant densification potential on this 9,880 SF lot. All figures are illustrative only — independent verification required.
Light renovation of existing 2,916 SF home — kitchen, bathrooms, flooring, paint, landscaping — to maximize resale value quickly.
Add an 850 SF detached ADU to generate $2,800–$3,500/month rental income while significantly increasing property value.
Convert property to 4-unit income asset: existing home + 850 SF detached ADU + 500 SF attached ADU + 400 SF junior ADU.
Buy, Rehab, Rent, Refinance, Repeat — recover 82–94% of initial investment through cash-out refinance while retaining high-cash-flow asset.
Important Disclaimer: All valuations, financial figures, timelines, and projections presented are illustrative only and have not been independently verified. Development scenarios are subject to regulatory approval, market conditions, and construction cost variability. Prospective buyers and sellers must conduct independent due diligence and consult with licensed real estate, legal, tax, and financial professionals before making any investment decisions. The square footage discrepancy between tax records (1,716 SF) and MLS records (2,916 SF) requires physical verification.
Assessed value appreciation, comparable sales positioning, and income scenario modeling. All figures are illustrative — independent verification required.
Comprehensive property data for informed decision-making. All figures should be independently verified prior to any transaction.

Fountain Valley consistently ranks among Orange County's most desirable residential communities. The city's exceptional school district, low crime rate, and proximity to the Pacific Coast make it a perennial favorite for families and investors alike.
The property's location near the Euclid Street corridor positions it adjacent to Fountain Valley's "Crossings Specific Plan" — an ongoing industrial-to-residential conversion initiative that is setting new price ceilings for the immediate area. Nearby luxury developments including OakPointe ($1.4M–$1.8M) and the JPI Luxury Development on Slater Ave are reshaping the neighborhood's value profile.
| Address | Date | Sale Price | Sq Ft | Beds/Baths | Notes |
|---|---|---|---|---|---|
| 16675 Spruce Cir | Jan 2026 | $1,645,000 | 2,598 | 5/2 | Sold 6% over list |
| 11782 Azalea | Jan 2026 | $1,525,000 | 2,251 | 5/4 | Sold 10% over list |
| 10484 Teal Cir | Jan 2026 | $1,490,000 | 2,270 | 5/2.5 | Near subject size |
| 9222 Oriole Ave | Jan 2026 | $2,100,000 | 2,503 | Premium | Premium condition |
Source: MLS data, January 2026. All figures are for reference only and should be independently verified.
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