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Sold for $1,450,000 on 12/26/23
  • Listing Provided by: 

    Erin Nuzzo DRE #01024903 714-396-7486,

    Coldwell Banker Realty,

    Marina Parker DRE #01949288 714-343-9977,

    Coldwell Banker Realty

    Bought with: Sweet Bay Properties
    $1,450,000

    17190 San Mateo St #28, Fountain Valley, CA 92708

    8beds
    6baths
    3,800sqft
    Quadruplex
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $382/sqft
    $5,389 Estimated rent

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    What's special

    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).

    Zillow last checked: 8 hours ago

    Listing updated: December 26, 2023 at 06:57pm

    Listing Provided by:

    Erin Nuzzo DRE #01024903 714-396-7486,

    Coldwell Banker Realty,

    Marina Parker DRE #01949288 714-343-9977,

    Coldwell Banker Realty

    Bought with:

    Hidetoshi Okada, DRE #00960042

    Sweet Bay Properties

    Source: CRMLS,MLS#: OC23214167MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Electric Range, Disposal
    • Laundry: Common Area, Inside, Laundry Room
    Features
    • Balcony, Bedroom on Main Level, Dressing Area, Main Level Primary
    • Flooring: Carpet, Laminate, Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,800
    • Total interior livable area: 3,800 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached Carport
    • Carport spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1st floor
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Community
    Lot
    • Size: 5,000 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 93029428
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Street Lights, Sidewalks, Pool
    Location
    • Region: Fountain Valley
    • Subdivision: Park Pacific (Pkpc)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,900 monthly
    • Amenities included: Call for Rules, Gas, Maintenance Grounds, Insurance, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Trash, Water
    • Services included: Pest Control, Sewer
    • Association name: Park Pacific
    • Association phone: 714-968-3378
    Other financial information
    • Total actual rent: 8710

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional