NOT LISTED FOR SALE

17130 San Mateo St Unit 37 Fountain Valley, CA 92708

4 Beds
4 Baths
3,012 Sq Ft
3,012 Sq Ft Lot

Last Sold September 25, 2024

Last sale price $1,135,000 $377 Per Sq Ft

6 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Lawn
  • Cox (James H.) Elementary School Rated A-
  • End Unit
  • Neighborhood Views

About This Home

As of September 2024

EXCELLENT SALES PRICE & GREAT INCOME! Very hard to find the unique 4-UNIT condo for investors or owners, first time in the market for sale. B5 & B17 (Fully renovation in MAR 2024, rent $2,200 each per month); B6 ($1,904 per month) B18 ($1,825 per month) located in the heart of Fountain Valley’s Park Pacific community. Rarely on the market for sale. This condo-fourplex has full professional management & maintenance services from Park Pacific and give the property owner hassle free to collect the rents! Professionally managed and maintained by Park Pacific are only $1,900 a month for 4 units which includes: HOA dues, full professional management, rent collection and accounting services, put in the market for rent, landscaping, water, trash, gas, insurance, pool maintenance, and much much more. Tenants only need to pay for electricity, cable, and internet, making it very attractive and easy to lease. Situated across from beautiful Mile Square Park and conveniently located close to freeways and restaurants amenities; this property features four 1 bedroom/1 bath and each unit has 753 square footage of living space with balconies or patio, very spacious and bright living room, dining area, well equipped kitchen, separate dressing areas, AC wall units, and designated carports (333/334/339/340) and storage space are very close to the subject. Community amenities include beautifully greenbelts with walking paths, pool and spa, gas BBQs, picnic tables, and laundry facilities. Two units have just done the renovation with great condition and this property is listing at sold as-is conditions with current leases in place. Don't miss out on this excellent 0pportunity!

Last Agent to Sell the Property

Ammy Chow

Top Leading Inc. Brokerage Phone: 626-824-8819 License #01053300 Listed on: 08/14/2024

Last Buyer's Agent

John Kelly

Seven Gables Real Estate License #01232969

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,058

Year Built

  • Built in 1970

Lot Details

  • 3,012 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Lawn

HOA Fees

  • $1,900 Monthly HOA Fees

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 3,012 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Entryway
  • Living Room
  • Storage
  • Laundry Room
  • Neighborhood Views
  • Convection Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Pest Guard System

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 1
  • Tax Tract Number 11128
  • Assessor Parcel Number 93029437

Community Details

Overview

  • 4 Units
  • Park Pacifica Apartment Association, Phone Number (714) 968-3378
  • Park Pacific Subdivision
  • Maintained Community
  • Greenbelt

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Other Expense $22,800
  • Operating Expense $28,858
  • Net Operating Income $68,690

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,058

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,900 per month

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Resident Manager
  • Subdivision Name Other: Park Pacific (PKPC)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 93029437
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Open Floorplan, Storage, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 376.83
  • Room Type: Entry, Kitchen, Living Room, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Convection Oven
  • Electric: Standard
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Pest Control, Gas, Maintenance Grounds, Trash, Water, Call for Rules
  • Association Fee: 1900.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Pacifica Apartment
  • Phone: 714-968-3378
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Lawn
  • Lot Size Sq Ft: 3012.00
  • Lot Size Acres: 0.0691

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 753 Square Feet
  • Gross Scheduled Income: 97548.00
  • Lot Size Area: 3012.0000 Square Feet
  • Net Operating Income: 68690.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 28858.00
  • Other Expense: 22800.00
  • Rent Control: No
  • Total Actual Rent: 7875.00
  • Total Expenses: 28858.00

Tax Info

  • Tax Area: 21-002
  • Tax Census Tract: 992.51
  • Tax Lot: 1
  • Tax Tract Number: 11128
  • Tax Annual Amount: 6057.92
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Sold $1,135,000 -3.4% $377 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $1,175,000 -- $390 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24167085

California Regional Multiple Listing Service (CRMLS)

APN: 930-294-37