Active

17230 San Mateo #20

Fountain Valley, CA 92708
Mark as Favorite
Bed 8

Bed

Bath 4

Bath

SqFt261,987

Sqft(Lot)

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.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,590,000

AD Id : 89044543

MLS Id : WS26168847

Beds : 8

Lot Size : 261,987 Sqft

Year Built : 1972

County : Orange

Subdivision: Lehigh Acres

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1972
    Building Area Total: 3800
    Stories: 2
    Pool Features: Association
    Private Pool: No
    Association Fee Frequency: Monthly

  • Lot Information

    Main Square Feet: 261987 Lot Size Acres: 6.0144 Lot Size Source: Estimated Lot Size Square Feet: 261,987 Lot Description: Landscaped

    Property Information

    Subdivision: Park Pacific (PKPC) Source Property Type: ResidentialIncome Property SubType: Quadruplex Levels: Two Property Age: 54

  • Listing Price Information

    Listing Price: $1590000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 93029420 Tax Lot: 1

  • Parking Information

    Parking Total: 4 Assigned, DetachedCarport, OneSpace

    Homeowners Association Information

    Has Association: Yes
    HOA: $1,950.00
    Association Amenities: Insurance, Management, Barbecue, Pool, SpaHotTub, Trash, Water
    Community Features: Sidewalks

  • Utility Information

    CableAvailable, ElectricityAvailable, NaturalGasAvailable, WaterAvailable
  • Location Information

    Direction: South of Warner Ave and East of Brookhurst St WaterSource: Public
Sell a home like this and save $94,901 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/17/2026 @ 02:16

MLS: WS26168847 LISTED BY: TONY MA, Compass 626-205-4040 SOURCE: CRMLS

Homes around $1,590,000

Selling? Save $94,901 when you sell a home like this

Tour with a ByOwner Agent