NOT LISTED FOR SALE

17372 San Luis St Fountain Valley, CA 92708

9 Beds
7 Baths
4,345 Sq Ft
8,276 Sq Ft Lot

Last Sold October 24, 2023

Last sale price $2,295,000 $528 Per Sq Ft

12 Days on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • No HOA
  • Cox (James H.) Elementary School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of October 2023

Beautifully Upgraded Highly Desired Covington 4-Plex. All 4 Units are Turnkey! The Front Single Story "Owners" Unit has been Completely Rebuilt Less than One Year Ago along with two other units were partially rebuilt within year. The owner unit . It Features 3 Bedrooms, 2 New Bathrooms, Remodeled Granite Kitchen with Stainless Appliances, Custom Self-Closing Cabinetry, Breakfast Bar, Dining Room, Large Living Room with Volume Open Bean Ceiling and Fireplace, All Dual Pane Windows & Sliders, Tile Flooring, Mirrored Closets, Ceiling Fans, Recessed Lighting, and Spacious Patio. The Other 3 Units (2 BD & 2 BA, 2 BD & 2 BA, 2 BD & 1 BA) have been Upgraded within the last 4 years with Wood Laminate and Tile Flooring, Replaced Appliances, Dual Pane Windows & Sliders, and Tile Countertops. The Entire Building also has a 1-Year-New Roof, Manicured Landscaping with Artificial Lawn, 2 Car Garage and Four 1 Car Garages. Each Unit has Separate Electric, Gas, & Washer/Dryer Hook-Ups. Located in a Premier Area of Fountain Valley, Walking Distance to Mile Square Park, Sam's Club, 24 Hour Fitness, the police department, city hall, library and Restaurants. Close to Award-Winning Schools, Easy Access to Freeway, and only 4.5 Miles to the Beach.

Last Agent to Sell the Property

Lily Campbell

First Team Real Estate License #01229782 Listed on: 09/14/2023

First Team Real Estate

Last Buyer's Agent

Ramez Malki

C & R Properties, inc License #01730768

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Level Lot
  • Garden
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • Quadruplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 4,345 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Panel Doors
  • Living Room with Fireplace

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Mirrored Closets Doors
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 21002
  • Assessor Parcel Number 16911313

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $214
  • Insurance Expense $2,280
  • Maintenance Expense $1,200
  • Trash Expense $1,877
  • Water Sewer Expense $3,195
  • New Taxes Expense $24,497
  • Operating Expense $8,766
  • Net Operating Income $65,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 584750
  • Property Attached: No
  • Subdivision Name Other: Covington Four-Plexes
  • View: No
  • Water Sewer Expenses: 3194.80
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 16911313
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Door Features: Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Price Per Square Foot: 528.19

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1876.90
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Level, Park Nearby
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 213.96
  • Gross Scheduled Income: 66300.00
  • Insurance Expense: 2280.00
  • Lot Size Area: 8276.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 65100.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 8765.66

Tax Info

  • New Taxes Expense: 24497.00
  • Tax Lot: 3
  • Tax Tract Number: 21002

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 Change Sq Ft Price
10/24/2023 10/24/23 Sold $2,295,000 -1.9% $528 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $2,339,000 -- $538 / 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: OC23169271

California Regional Multiple Listing Service (CRMLS)

APN: 169-113-13