NOT LISTED FOR SALE

17160 San Mateo St Unit 33 Fountain Valley, CA 92708

2 Beds
1 Bath
3,800 Sq Ft
10,000 Sq Ft Lot

Last Sold July 23, 2019

Last sale price $1,250,000 $329 Per Sq Ft

17 Days on Market

Highlights

  • 24-Hour Security
  • Spa
  • Lawn
  • Cox (James H.) Elementary School Rated A-
  • Property is near a park
  • Outdoor Cooking Area

About This Home

As of July 2019

A great investment opportunity that rarely on the market! Completely MAINTENANCE FREE! This resort-like, Park Pacific fourplex, is conveniently located across from Mile Square Park. All four units are fully occupied. Each unit has 2 bedrooms/1 baths and has a dining room, spacious living room, a balcony, and large size bedrooms. You pay one HOA fee each month that includes: On-site professional management, leasing of units, rent collections, water, trash, gas, insurance, exterior landscape and maintenance, pool, spa, and community laundry. Renters only pay for electricity and cable TV which make these apartments attractive to prospective tenants. Excellent location, close to freeways, parks, and shopping. Sold AS-IS with current leases in place. Please drive-by only and contact listing agent for questions. Interior showing available only after offer accepted. Lot size is an estimate only.

Last Agent to Sell the Property

Ying Chan

Realty One Group West License #02019012 Listed on: 06/16/2019

Realty One Group West

Last Buyer's Agent

Lily Campbell

First Team Real Estate License #01229782

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 10,000 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Lawn
  • Density is 36-40 Units/Acre

HOA Fees

  • $1,550 Monthly HOA Fees

Home Design

  • 3,800 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Laundry Room
  • Spa
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 1
  • Tax Tract Number 11128
  • Assessor Parcel Number 93029433

Community Details

Overview

  • Master Insurance
  • 4 Units
  • Park Pacific Apartments Association, Phone Number (714) 968-3378
  • Maintained Community

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
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Professional Management Expense $18,600
  • New Taxes Expense $11,245
  • Operating Expense $29,845
  • Gross Income $84,000
  • Net Operating Income $54,155

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,550 per month

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 18600.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: 24 Hour Security, Fire and Smoke Detection System
  • Subdivision Name Other: Park Pacific (PKPC)
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 93029433
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 328.95
  • Spa Features: Association

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • 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, Cable TV, Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Call for Rules, Management, Guard, Security
  • Association Fee: 1550.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Pacific Apartments
  • Phone: 714-968-3378
  • Senior Community: No
  • Community Features: Curbs, Sidewalks
  • Association Management: Park Pacific Apartments

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Landscaped, Lawn, Park Nearby
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2296

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Gross Income: 84000.00
  • Gross Scheduled Income: 84000.00
  • Lot Size Area: 10000.0000 Square Feet
  • Net Operating Income: 54155.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 29845.00
  • Rent Control: No
  • Total Expenses: 29845.00

Tax Info

  • New Taxes Expense: 11245.00
  • Tax Area: 21002
  • Tax Census Tract: 992.51
  • Tax Lot: 1
  • Tax Tract Number: 11128

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
07/23/2019 07/23/19 Sold $1,250,000 0.0% $329 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/16/2019 06/16/19 For Sale $1,250,000 -- $329 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ying Chan

    Seller's Agent in 2019

    Ying Chan

    Realty One Group West

    (714) 868-6196

    6 Total Sales

    Ying Chan
    Section Image
  • Lily Campbell

    Buyer's Agent in 2019

    Lily Campbell

    First Team Real Estate

    (714) 593-6089

    323 in this area

    712 Total Sales

    Lily Campbell
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19137247

California Regional Multiple Listing Service (CRMLS)

APN: 930-294-33

California Orange County Fountain Valley 92708

17160 San Mateo St Unit 33, Fountain Valley, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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