Sold
17210 San Mateo Street 25
Fountain Valley CA, 92708
$900,000
$300.00 per sqft
Sold
3,000 sqft
Multi-family
Built in 1970
Listed by Carlos Hernandez with Coldwell Banker Realty 949-249-6611
Rarely does an investment opportunity like this present itself - a completely maintenance-free fourplex in the resort-like community of Park Pacific. Situated across from the beautiful Mile Square Park, each unit boasts a spacious living room, dining room, covered balcony, and generously-sized bedroom. With one designated carport and storage space per unit, the property is a low-maintenance investment. The owner pays a low HOA fee of $1,900 per month, which includes on-site professional management, advertising, rent collections, water, trash, gas, insurance, exterior landscape, maintenance, pool, spa, and community laundry. Prospective tenants will be attracted to the fact that they only need to pay for their electricity, cable, and internet. Conveniently located close to freeways, parks, and shopping, this property is sold as-is with current leases in place. With only 42 condo fourplexes in Park Pacific West, the owner owns a 1/42nd % FEE interest in the common area. Don't miss out on this fantastic investment opportunity with the potential for a proforma re-rent rate of $2,200.
OC23013488
MLSⓇ ID
January 24, 2023
Listed
March 23, 2024
Updated
Map
17210 San Mateo Street 25
Fountain Valley CA, 92708
Interior Features
Total Stories
2
Laundry Description
Common Area, Inside, Laundry Room
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
See Remarks, Wall/Window Unit(s)
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.03 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
Other Property Details
Area Name
16 - Fountain Valley / Northeast HB
Days on Market
92
Association Fee
$1,900
Association Fee Frequency
Monthly
Association Amenities
Call for Rules, Gas, Maintenance Grounds, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Trash, Water
Garage
No
Parking
Carport
Parking Total
4
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
Association
Buyer Agency Compensation
2.5%
Listing Contact: 949-249-6611
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:30 AM UTC