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Listed by TONY MA, DRE #01931357 • Compass
$1,590,000
Est. payment /mo
6.01 Acres Lot
Active
17230 San Mateo Fountain Valley, CA 92708
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS26075299
HOA Fees $1,950
Year Built 1972
Lot Size 6.014 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
An exceptional investment opportunity to acquire a 4-unit condominium complex in the highly sought-after Park Pacific Apartments in Fountain Valley-an asset class and location where opportunities are extremely limited and rarely available. Each unit features 2 bedrooms and 1 bathroom with approximately 950 sq. ft. of well-designed living space, along with assigned carport parking and private overhead storage. The property benefits from a fully managed, turnkey structure, delivering truly passive ownership with professional management already in place-ideal for investors seeking stable cash flow and long-term appreciation without operational burden. HOA dues comprehensively cover property management, leasing, maintenance, insurance, water, trash, gas, community laundry, and resort-style amenities including a pool and spa-significantly reducing owner responsibilities and expense volatility. Tenants are only responsible for electricity, further streamlining operations. The asset currently includes one vacant unit, presenting immediate upside through lease-up at market rents or the option for owner occupancy. The community is characterized by low turnover and strong rental demand, supporting consistent occupancy and income stability. Strategically located near Mile Square Park, top-r
Location
State CA
County Orange
Area 16 - Fountain Valley / Northeast Hb
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Community Facility
Exterior
Parking Features Assigned Spaces, Detached Garage, Parking Area
Garage Spaces 4.0
Pool Community Facility, Spa - Community Facility
Building
Water District - Public
Others
Tax ID 93029420
Special Listing Condition Not Applicable
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