Fountain Valley, CA 92708,17190 San Mateo ST #28
Fountain Valley, CA 92708,17190 San Mateo ST #28
Fountain Valley, CA 92708,17190 San Mateo ST #28
$1,450,000
Est. payment /mo
$1,500,000
3.3%
Est.Price: ?

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5,000 Sqft Lot
SOLD DATE : 12/26/2023

Key Details

Sold Price $1,450,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Park Pacific (Pkpc)

MLS Listing ID OC23214167

Sold Date 12/26/23

Condo Fees $1,900

Construction Status Repairs Cosmetic

HOA Fees $1,900

HOA Y/N Yes

Year Built 1970

Lot Size 5,000 Sqft

Property Description

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).

Location

State CA

County Orange

Area 16 - Fountain Valley / Northeast Hb

Interior

Interior Features Balcony, Bedroom on Main Level, Dressing Area, Main Level Primary

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Range, Disposal

Laundry Common Area, Inside, Laundry Room

Exterior

Garage Detached Carport

Carport Spaces 4

Pool Community, Association

Community Features Street Lights, Sidewalks, Pool

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Amenities Available Call for Rules, Gas, Maintenance Grounds, Insurance, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Trash, Water

Parking Type Detached Carport

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Others

HOA Name Park Pacific

HOA Fee Include Pest Control,Sewer

Senior Community No

Tax ID 93029428

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Erin Nuzzo • Coldwell Banker Realty • 714-396-7486
Bought with Hidetoshi Okada • Sweet Bay Properties

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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