NOT LISTED FOR SALE

17210 San Mateo St Unit 24 Fountain Valley, CA 92708

4 Beds
4 Baths
3,000 Sq Ft
1,498 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $1,165,600 $389 Per Sq Ft

23 Days on Market

Highlights

  • Community Pool
  • Cox (James H.) Elementary School Rated A-
  • Laundry Room

About This Home

As of August 2022

Rare 4 unit (condo fourplex) Investment Opportunity in the city of Fountain Valley. All 4 units (#24: J7,J8,J15,J16) feature 1 bedroom, 1 bath, 750 square feet, living room with sliding doors onto enclosed patio/balcony, kitchen and one designated carport per unit plus extra parking pass. Great location across from Mile Square Park & Golf Course, by shopping center, and 1 mile from the 405 FWY. Community features include onsite laundry, BBQ grills, picnic tables, pool and spa. Rerent rate is $2150 monthly. Association dues are $1800 per month and include on site full professional management, rent collection, advertising & leasing of units, landscape, water, trash, gas, and pool & spa maintenance, association insurance. Tenant pays electric. The Adjacent 4 plex: 17210 San Mateo #25 J1,2,9,10 is also for sale. There are 42 condo fourplexes in Park Pacific West, therefore owner owns 1/42% Fee interest in common area.

Last Agent to Sell the Property

Kathleen McNamee

Kathleen McNamee, Broker License #00866972 Listed on: 06/02/2022

Last Buyer's Agent

Steve Hoang

Re/Max College Park Realty License #01963160

Re/Max College Park Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • Two or More Common Walls

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 1
  • Tax Tract Number 11128
  • Assessor Parcel Number 93029424
  • $976 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Park Pacific Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • Professional Management Expense $21,600
  • Operating Expense $21,600
  • Gross Income $80,100
  • Net Operating Income $42,897

Property Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Professional Management Expense: 21600.00
  • Property Attached: Yes
  • Subdivision Name Other: Park Pacific (PKPC)
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 93029424
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 388.53

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1500.00
  • Lot Size Acres: 0.0344

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 750 Square Feet
  • Gross Income: 80100.00
  • Gross Scheduled Income: 80100.00
  • Lot Size Area: 1500.0000 Square Feet
  • Net Operating Income: 42897.00
  • Number Of Separate Electric Meters: 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: 34800.00
  • Rent Control: No
  • Total Expenses: 21600.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 992.51
  • Tax Lot: 1
  • Tax Tract Number: 11128
  • TaxOtherAnnualAssessmentAmount: 976.00

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
08/31/2022 08/31/22 Sold $1,165,600 -2.9% $389 / Sq Ft
06/02/2022 06/02/22 For Sale $1,200,000 -- $400 / 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: NP22115676

California Regional Multiple Listing Service (CRMLS)

APN: 930-294-24