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.
Sold for $900,000 on 06/22/23
Listing Provided by:
Carlos Hernandez DRE #01430223 949-842-0469,
Coldwell Banker Realty
$900,000
17210 San Mateo St #25, Fountain Valley, CA 92708
--beds
--baths
3,000sqft
Quadruplex
Built in 1970
-- sqft lot
$1,134,300 Zestimate®
$300/sqft
$4,033 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 22, 2023 at 03:17pm
Listing Provided by:
Carlos Hernandez DRE #01430223 949-842-0469,
Coldwell Banker Realty
Bought with:
Wallace Rodecker, DRE #01111625
Rodecker, Wallace
Source: CRMLS,MLS#: OC23013488
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Forced Air
Cooling
- See Remarks, Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Inside, Laundry Room
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Carport spaces: 4
Features
- Levels: Two
- Stories: 2
- Pool features: Association
Lot
- Size: 1,500 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 93029425
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected
Community & neighborhood
Community
- Community features: Curbs, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Fountain Valley
- Subdivision: Park Pacific (Pkpc)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,900 monthly
- Amenities included: Call for Rules, Gas, Maintenance Grounds, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Trash, Water
- Services included: Sewer
- Association name: Park Pacific Apartments
- Association phone: 714-968-3378
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Services availability
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Estimated market value
$1,134,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,134,300