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17210 San Mateo St #25, Fountain Valley, CA 92708
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17210 San Mateo St #25 Fountain Valley, CA 92708

$900,000 Sold Price as of 06/22/2023
  • 4 Beds
  • 4 Baths
  • 3,000 Sq.Ft.
Sold
$900,000 Sold Price as of 06/22/2023 Refinance Your Mortgage
Map preview of 17210 San Mateo St #25, Fountain Valley, CA 92708

Property Overview: 17210 San Mateo St #25 Fountain Valley, CA has 4 bedrooms, 4 bathrooms, 3,000 living square feet and 1,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rarely does an investment opportunity like this present itself - a completely maintenance-free fourplex in the resort-like community of Park Pacific. Situated across from the beautiful Mile Square Park, each unit boasts a spacious living room, dining room, covered balcony, and generously-sized bedroom. With one designated carport and storage space per unit, the property is a low-maintenance investment. The owner pays a low HOA fee of $1,900 per month, which includes on-site professional management, advertising, rent collections, water, trash, gas, insurance, exterior landscape, maintenance, pool, spa, and community laundry. Prospective tenants will be attracted to the fact that they only need to pay for their electricity, cable, and internet. Conveniently located close to freeways, parks, and shopping, this property is sold as-is with current leases in place. With only 42 condo fourplexes in Park Pacific West, the owner owns a 1/42nd % FEE interest in the common area. Don't miss out on this fantastic investment opportunity with the potential for a proforma re-rent rate of $2,200.

Listed by Carlos Hernandez | BRE #01430223 | Coldwell Banker Realty
Last checked: 3 minutes ago | Last updated: June 23rd, 2023 | Source CRMLS | DOM: 92

Home details

Lot Sq. Ft
1,500
HOA Dues
$1900/mo
Year built
1970
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
OC23013488
City
Fountain Valley
County
Orange
Time on Site
472 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,384
  • Total Rent: $1,384
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,908
  • Net Operating Income: $35,175
  • Gross Operating Income: --
  • Vacancy Allowance: $2,361
Annual Expense Breakdown
  • Total Operating Expense: $41,172
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0
  • Other Expenses: $22,800

Virtual Tour

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Property Details for 17210 San Mateo St #25

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Common Area, Community, Individual Room, Inside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: See Remarks
  • Common Interest: Planned Development
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 93029425
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Park Pacific Apartments
  • Association Fee: $1,900 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Gas, Maintenance Grounds, Trash, Sewer, Water, Call for Rules, Management
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Park Pacific (PKPC)
  • Directions: Units are interior units and do not face street. Unit #'s are J1, J2, J9 & J10
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Fountain Valley Agent

Sale History for 17210 San Mateo St #25

Last sold for $900,000 on June 22nd, 2023

  • June, 2023

  • Jun 22, 2023

    Date

    Sold

    CRMLS: OC23013488

    $900,000

    Price

  • Jan 26, 2023

    Date

    Active

    CRMLS: OC23013488

    $1,099,000

    Price

  • December, 2022

  • Dec 29, 2022

    Date

    Canceled

    CRMLS: NP22115672

    $1,125,000

    Price

  • Jun 2, 2022

    Date

    Active

    CRMLS: NP22115672

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Rare 4 unit (condo fourplex) Investment Opportunity in the city of Fountain Valley. All 4 units (#25: J1,J2,J9,J10) 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 centers, and 1 mile from the 405 FWY. Community features include onsite laundry, BBQ grills, picnic tables, pool and spa. Association dues are $1800 per month and include on site full professional management, rent collection, advertising & renting of units, landscape, water, trash, gas, and pool & spa maintenance, association insurance. Tenant pays electric. There are 42 condo fourplexes in Park Pacific West, therefore owner owns 1/42nd % FEE interest in common area. J1/$1375 leased since 11/15/09, J2/$2050 leased since 1/5/22, J9/$1384 leased since 7/4/97, J10/1750 leased since 12/1/20.Proforma Rerent rate is $2,200. Project is 100% occupied currently.

  • March, 2013

  • Mar 5, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 17210 San Mateo St #25

Assessed Value (2020): $310,748
Year Land Value Improved Value Assessed Value
2020 $127,729 $183,019 $310,748

Home Value Compared to the Market

This property vs the competition

17210 San Mateo St #25 sold on June 22, 2023 for 26.01% lower than the current median sold price for the city of Fountain Valley which is $1,350,000. The median sold price per/sqft for Fountain Valley is $667 and this home is sold at $332.96 per/sqft which puts the price per square foot 50.08% lower than the current median sale per square foot for the city of Fountain Valley.

About 17210 San Mateo St #25

Detailed summary of property

17210 San Mateo St #25 is a fourplex that recently sold in Fountain Valley, CA 92708. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 3,000 living square feet, and sits on an approximately 1,500 square foot lot. 17210 San Mateo St #25 was first listed on ArdentRealEstateGroup.com on January 25, 2023. The homeowner sold the property for $900,000. Home in Fountain Valley are selling for a median price of $1,350,000 and a median price per square foot of $667. Based on Ardent Real Estate Group's Fountain Valley Market Data, this home is sold 26.01% lower than the current median priced home. Local homes that are currently for sale include 3617 Cherry Ave, 702 Cedar Ave and 2185 Elm Ave. This home does have a Homeowners Association and the monthly fee is $1,900 per month. While the average home in Fountain Valley, CA is selling in 17 days, 17210 San Mateo St #25 has a days on market of 92 days. There are currently 66 homes for sale in the Fountain Valley real estate market and 48 of them are single family homes while 10 of them are condos and 8 are townhomes. For more information on this home for sale at 17210 San Mateo St #25 Fountain Valley, CA 92708 contact Ardent Real Estate Group and we will put you in touch with one of our Fountain Valley agents.

Public Facts for 17210 San Mateo St #25

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
Residential Income (General) (Multi-Family)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
930-294-25

The source for these homes facts are from public records.

92708 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$650
Median Sold Price
$1,350,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
64
Median Sale to List Price %
108.09%
Avg Days on Market
13
Loan Type
Conventional (25%), FHA (3.13%), VA (0%), Cash (50%), Other (18.75%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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