Active

17230 San Mateo #20

Fountain Valley, CA 92708

$1,590,000 $6,703/Mo

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Overview

Bed

Bath

3,800

Sqft

261,987

Sqft(Lot)

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 ame nities 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.

Property Details

Property Type : Residential Income

Price : $1,590,000

AD Id : 77772070

MLS Id : WS26075299

Beds : 8

Lot Size : 261,987 Sqft

Living Area Size : 3,800

Year Built : 1972

County : Orange

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Fireplace: None
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1972 Building Area Total: 3,800
Pool Features

Association

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 6.0144
Lot Size Source: Estimated Lot Size Square Feet: 261987

Listing Price Information

Original List Price: 1,590,000 Listing Contract Date: 2026-04-27
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 93029420

Garage and Parking

Garage Description: Assigned,Detached Carport,One Space

Homeowners Association

Association: Yes Association Amenities: Insurance,Management,Barbecue,Pool,Spa/Hot Tub,Trash,Water Association Fee: 1950 AssociationFee Frequency: Monthly Calculated Total Monthly Association Fees: 1950
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity

Other Property Info

Source Listing Status: Active Source Neighborhood: 16 - Fountain Valley / Northeast HB Directions: South of Warner Ave and East of Brookhurst St Source Property Type: Residential Income Area: 16 - Fountain Valley / Northeast HB Property SubType: Quadruplex
Building and Construction

Property Age: 54 Common Walls: 2+ Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: Front Door Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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ByOwner last updated this listing 06/19/2026 @ 10:10

MLS: WS26075299 LISTED BY: TONY MA, Compass 626-205-4040 SOURCE: CRMLS

17230 San Mateo #20

Property Details

Map

What's Nearby

Nearby Areas

Features

Interior Features

Exterior Features

Property / Lot Details

Listing Information

Taxes / Assessments

Virtual Tour, Parking, Multi-Unit Information & Homeowners Association

School, Utilities & Location Details

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