Fountain Valley, CA 92708,17190 San Mateo Street
Fountain Valley, CA 92708,17190 San Mateo Street
Fountain Valley, CA 92708,17190 San Mateo Street
11
$1,450,000
$1,500,000
3.3%
Est.Price: ?

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8 BD
6 BA
5,000 Sqft Lot

17190 San Mateo Street Fountain Valley, CA 92708

Est. payment /mo
SOLD DATE : 12/26/2023

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Key Details

Sold Price $1,450,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23214167

Sold Date 12/26/23

Bedrooms 8

HOA Fees $1,900

HOA Y/N Yes

Lot Size 5,000 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

4-UNIT INVESTMENT OPPORTUNITY located in Fountain Valleys 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 dont 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).
4-UNIT INVESTMENT OPPORTUNITY located in Fountain Valleys 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 dont 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).

Location

State CA

County Orange

Area Oc - Fountain Valley (92708)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Pool Community/Common

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

HOA Name Park Pacific

Monthly Total Fees $1, 982

Acceptable Financing Cash, Conventional

Space Rent $2,225

Listing Terms Cash, Conventional

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Erin Nuzzo • Coldwell Banker Realty
Bought with Hidetoshi Okada • Sweet Bay Properties

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agent

David Spiewak

Agent | License ID: 1878467

+1(858) 527-2269

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