NOT LISTED FOR SALE

17220 San Mateo St Unit 27 Fountain Valley, CA 92708

4 Beds
4 Baths
3,012 Sq Ft
1970 Built

Last Sold September 30, 2024

Last sale price $1,150,000 $382 Per Sq Ft

6 Days on Market

Highlights

  • Spa
  • Living Room with Attached Deck
  • Resident Manager or Management On Site
  • Cox (James H.) Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of September 2024

4-plex with on site management company making this an easy "plug in and play" investment for the investor seeking hassle free rental income. All four units are leased. Each unit is one bedroom, approx 753 sq.ft. Spacious living room with slider leading out to either private balcony or enclosed patio. Dining area. Kitchen range, dishwasher and plenty of counter area. Carport designated for each unit. This building is located in a quiet interior location. Picturesque greenbelt area with two BBQ areas and nearby laundry room facilities. Community pool and spa. Monthly management fee is currently
$ 1900 and covers water, sewer, gas, trash, tenant screening and rental collection. Located to nearby retail, restaurants, freeway, and mile square park.

Last Agent to Sell the Property

Gregory Lombardi

Compass Brokerage Phone: 949-633-2828 License #00964829 Listed on: 08/14/2024

Compass

Co-Listed By

Jocelyn Bratter

Compass Brokerage Phone: 949-633-2828 License #01322610

Last Buyer's Agent

Stella Worden

Compass License #00861572

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 100 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $1,900 Monthly HOA Fees

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Planned Development
  • Stucco

Interior Spaces

  • 3,012 Sq Ft Home
  • 2-Story Property
  • Living Room with Attached Deck
  • Living Room Balcony
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Spa
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 1
  • Tax Tract Number 11128
  • Assessor Parcel Number 93029427

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • Professional Management Expense $22,800
  • Operating Expense $22,800
  • Gross Income $98,880
  • Net Operating Income $77,080

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,900 per month

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 22800.00
  • Property Attached: Yes
  • Subdivision Name Other: Park Pacific (PKPC)
  • View: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 93029427
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Living Room Balcony, Living Room Deck Attached
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 381.81
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Pool, Spa/Hot Tub, Barbecue, Maintenance Grounds, Management
  • Association Fee: 1900.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Pacific
  • Phone: 7149683378
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 100.00
  • Lot Size Acres: 0.0023

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 98880.00
  • Gross Scheduled Income: 98880.00
  • Lot Size Area: 100.0000 Square Feet
  • Net Operating Income: 77080.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 22800.00
  • Rent Control: No
  • Total Expenses: 22800.00

Tax Info

  • 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
09/30/2024 09/30/24 Sold $1,150,000 0.0% $382 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $1,150,000 -- $382 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gregory Lombardi

    Seller's Agent in 2024

    Gregory Lombardi

    Compass

    (949) 554-1200

    1 in this area

    71 Total Sales

    Gregory Lombardi
    Section Image
  • Jocelyn Bratter

    Seller Co-Listing Agent in 2024

    Jocelyn Bratter

    Compass

    (949) 554-1200

    1 in this area

    50 Total Sales

    Jocelyn Bratter
    Section Image
  • Stella Worden

    Buyer's Agent in 2024

    Stella Worden

    Compass

    (949) 640-2952

    1 in this area

    11 Total Sales

    Stella Worden
    Section Image

  • C

    Buyer Co-Listing Agent in 2024

    Casey Worden

    Compass

    (949) 438-4340

    1 in this area

    4 Total Sales

    Casey Worden
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24162869

California Regional Multiple Listing Service (CRMLS)

APN: 930-294-27

California Orange County Fountain Valley 92708

17220 San Mateo St Unit 27, Fountain Valley, CA

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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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