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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:30 AM UTC

 

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