4-UNIT INVESTMENT OPPORTUNITY located in Fountain Valley’s Park Pacific community. Rarely on the market, this condo-fourplex presents a unique opportunity to invest and then sit back and collect rents HASSLE FREE! Professionally managed and maintained by Park Pacific Apartments so you don’t have to do a thing! HOA dues are only $1,900 a month and include: on-site full professional management company, rent collection, accounting services, leasing of units, landscape, water, trash, gas, insurance, pool maintenance, “inside walls out” maintenance, and more. Tenants only pay for electricity, cable (if desired), and internet making it very attractive and easy to lease. Situated across from beautiful Mile Square Park and conveniently located close to freeways, this property features two 2 bed/2 baths and two 2 bed/1 baths. Each unit boasts 950 sqft of living space, a spacious living room, dining area, well equipped kitchen, private patios or balconies, generously sized bedrooms and bathrooms with separate dressing areas, AC wall units, and designated carports and storage space. Community amenities include beautifully manicured grounds with walking paths, pool and spa, gas BBQs, picnic tables, and laundry facilities. This property is being 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 $2,700 (x2) and $2800 (x2).
Sold for $1,450,000
Listed by: Coldwell Banker Realty • Erin Nuzzo • Contact: 714-396-7486
Bought with: Sweet Bay Properties
$1,450,000
17190 San Mateo St #28, Fountain Valley, CA 92708
8beds
6baths
3,800sqft
Quadruplex
Built in 1970
-- sqft lot
$-- Zestimate®
$382/sqft
$2,936 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,936/mo
Zestimate® history
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$9,136/mo
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Pool maintenanceWalking pathsLaundry facilitiesBeautifully manicured groundsProfessionally managedGas bbqsGenerously sized bedrooms
Zillow last checked:
Listing updated:
Listed by:
Erin Nuzzo DRE #01024903 714-396-7486,
Coldwell Banker Realty,
Marina Parker DRE #01949288 714-343-9977,
Coldwell Banker Realty
Bought with:
Hidetoshi Okada, DRE #00960042
Sweet Bay Properties
Source: CRMLS,MLS#: OC23214167
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Electric Range, Disposal
- Laundry: Common Area, Inside, Laundry Room
Features
- Balcony, Bedroom on Main Level, Dressing Area, Main Level Primary
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached Carport
- Carport spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1st floor
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Community
Lot
- Size: 5,000 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 93029428
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks, Pool
- Subdivision: Park Pacific (Pkpc)
HOA
- Has HOA: Yes
- Amenities included: Call for Rules, Gas, Maintenance Grounds, Insurance, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Trash, Water
- Services included: Pest Control, Sewer
- HOA fee: $1,900 monthly
- HOA name: Park Pacific
- HOA phone: 714-968-3378
Location
- Region: Fountain Valley
Financial & listing details
- Price per square foot: $382/sqft
- Tax assessed value: $1,479,000
- Annual tax amount: $16,970
- Date on market: 11/20/2023
- Cumulative days on market: 19 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 8710
- Tenant pays: Cable TV, Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2023 | Sold | $1,450,000-3.3%$382/sqft |
Source:  CRMLS #OC23214167 Report a problem | ||
| 12/22/2023 | Pending sale | $1,500,000$395/sqft |
Source: CRMLS #OC23214167 Report a problem | ||
| 12/16/2023 | Contingent | $1,500,000$395/sqft |
Source: CRMLS #OC23214167 Report a problem | ||
| 11/21/2023 | Listed for sale | $1,500,000$395/sqft |
Source: CRMLS #OC23214167 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,970 +1.5% | $1,479,000 +2% |
| 2024 | $16,723 +110.5% | $1,450,000 +124.9% |
| 2023 | $7,943 +1.6% | $644,603 +2% |
| 2022 | $7,818 +1.9% | $631,964 +2% |
| 2021 | $7,672 +0.6% | $619,573 +1% |
| 2020 | $7,624 | $613,221 +2% |
| 2019 | $7,624 +1.9% | $601,198 +2% |
| 2018 | $7,481 +3.5% | $589,410 +2% |
| 2017 | $7,229 | $577,853 +2% |
| 2016 | $7,229 +4.2% | $566,523 +1.5% |
| 2015 | $6,936 +3.5% | $558,014 +2% |
| 2014 | $6,698 | $547,084 +0.5% |
| 2013 | -- | $544,612 +2% |
| 2012 | -- | $533,934 +2% |
| 2011 | -- | $523,465 +0.8% |
| 2010 | -- | $519,553 |
Find assessor info on the county website
Neighborhood: 92708
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Nearby schools
GreatSchools rating
- 7/10Cox (James H.) Elementary SchoolGrades: K-5Distance: 0.7 mi
- 10/10Masuda (Kazuo) Middle SchoolGrades: 6-8Distance: 0.4 mi
- 10/10Fountain Valley High SchoolGrades: 9-12Distance: 0.9 mi
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- California
- Orange County
- Fountain Valley
- 92708
- 17190 San Mateo St Unit 28
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