17230 San Mateo 20, Fountain Valley, California 92708

  • $1,590,000
17230 San Mateo, Fountain Valley, CA 92708
Active
17230 San Mateo 20, Fountain Valley, California 92708
17230 San Mateo, Fountain Valley, CA 92708
  • $1,590,000

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-rated schools, and within close proximity to Huntington Beach and Bolsa Chica, the property benefits from strong tenant appeal driven by lifestyle amenities, employment access, and convenient connectivity to major freeways and retail/dining corridors. Financing options are available, making this a compelling opportunity for both seasoned investors and those looking to secure a high-performing, low-maintenance multifamily asset in a premier Orange County location. Contact for additional financials and details—opportunities like this are scarce.

  • Address 17230 San Mateo
  • State/county CA
  • Zip/Postal Code 92708
  • Country US

Details

Updated on June 4, 2026 at 6:29 pm
  • Property ID: WS26075299
  • Price: $1,590,000
  • Property Size: 3800 Sqft
  • Land Area: 6.0144 Acres
  • Year Built: 1972
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan
  • Association Fee: 1950.0
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: Orange
  • Property Type: Residential Income
  • Pool: Association
  • Parking: Assigned, Detached Carport, One Space
  • Community Features: Sidewalks

Contact Information

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