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17190 San Mateo Street

Fountain Valley, CA 92708

– beds
– baths
– sqft
5,000 sqft lot
1970 build
– on site

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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).

Listed By CRMLS_CA / Erin Nuzzo / Coldwell Banker Realty / 714-396-7486

Last checked: Checking… • Last updated Jan 25, 2025 •

MLS# OC23214167 —

The Building

Year Built:

1970
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

3800.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Number With Patio:

4
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

4
# of Separate Electric Meters:

4

Interior

Features:

Balcony
Levels:

Two
Entry Location:

1st floor
Flooring:

Carpet, Laminate, Vinyl
Room Type:

Dressing Area, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
Fireplace:

No
Fireplace:

None
Laundry:

Community, Individual Room, Inside
Laundry:

1

Location

Directions:

See photo with building circled. Closest street to units is San Mateo.
Latitude:

33.71336800
Longitude:

-117.95089300

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Repairs Cosmetic
Lot Features:

2-5 Units/Acre
Lot Size Area:

5000.0000
Lot Size Acres:

0.1148
Lot Size SqFt:

5000.00
Lot Size Source:

Estimated
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

992.51
Tax Tract:

11128
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard, Trust
Parcel Number:

93029428

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Electric Range, Disposal
Included:

Yes

The Community

Subdivision:

Park Pacific (PKPC)
Subdivision:

Park Pacific (PKPC)
Features:

Sidewalks, Street Lights
Association Amenities:

Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Pest Control, Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Call for Rules, Management
Association:

Park Pacific
Association:

Yes
Association Fee:

$1,900
Pool:

Community
Senior Community:

No
Spa:

1
Private Pool:

No
Spa Features:

Community

Parking

Parking:

Yes
Parking:

Detached Carport
Parking Spaces:

4.00
Carport Spaces:

4.00

Extra Units

Average 2 Bed Area:

950
Number With Carpet:

4
Number With Drapes:

4
Number With Disposal:

4
Number With Dishwasher:

4
Number With Refrigerator:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
12/16/23 Dec 16, 2023		BRIDGE	$1,500,000
11/21/23 Nov 21, 2023		BRIDGE	$1,500,000
11/20/23 Nov 20, 2023	Listed / Active	CRMLS_CA	$1,500,000

Multifamily Sold on 12/26/2023

$1,450,000

Listing provided by broker:

Erin Nuzzo

Coldwell Banker Realty

714-396-7486

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Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on May 12.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

17190 San Mateo Street

Fountain Valley, CA 92708