Fountain Valley, CA 92708,17210 San Mateo ST #25
Fountain Valley, CA 92708,17210 San Mateo ST #25
Fountain Valley, CA 92708,17210 San Mateo ST #25
$900,000
Est. payment /mo
Est.Price: ?

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1,498 Sqft Lot
SOLD DATE : 06/22/2023

Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Park Pacific (Pkpc)

MLS Listing ID OC23013488

Condo Fees $1,900

HOA Fees $1,900/mo

Year Built 1970

Lot Size 1,498 Sqft

Property Description

Rarely does an investment opportunity like this present itself - a completely maintenance-free fourplex in the resort-like community of Park Pacific. Situated across from the beautiful Mile Square Park, each unit boasts a spacious living room, dining room, covered balcony, and generously-sized bedroom. With one designated carport and storage space per unit, the property is a low-maintenance investment. The owner pays a low HOA fee of $1,900 per month, which includes on-site professional management, advertising, rent collections, water, trash, gas, insurance, exterior landscape, maintenance, pool, spa, and community laundry. Prospective tenants will be attracted to the fact that they only need to pay for their electricity, cable, and internet. Conveniently located close to freeways, parks, and shopping, this property is 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 $2,200.

Location

State CA

County Orange

Area 16 - Fountain Valley / Northeast Hb

Interior

Heating Forced Air

Cooling See Remarks, Wall/Window Unit(s)

Fireplaces Type None

Laundry Common Area, Inside, Laundry Room

Exterior

Parking Features Carport

Pool Association

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Connected, Sewer Connected

Amenities Available Call for Rules, Gas, Maintenance Grounds, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Trash, Water

Building

Lot Description 0-1 Unit/Acre

Story Two

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Carlos Hernandez • Coldwell Banker Realty • 949-842-0469
Bought with Wallace Rodecker • Rodecker, Wallace

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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