17150 San Mateo Street Unit 12, Fountain Valley, CA 92708

$1,200,000

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Sold Price
$1,200,000
List Price
$1,300,000
Closing Date
Jun 18, 2024
Status
CLOSED
MLS#
OC24023428
Year Built
1970
Lot Size
3,012
Acres
0.07
Lot Location
Front Yard, Lawn, Landscaped, Near Park, Near Public Transit
Days on Market
102
Property Type
Multifamily
Style
Traditional
Property Sub Type
Quadruplex
Stories
One Level, Two Levels
Neighborhood
Park Pacific (Pkpc)

Property Description

Welcome to a rare and extraordinary investment opportunity! This unique 4-plex offers a hassle-free experience for investors – just sit back, relax, and watch the rents roll in. Each of the four units boasts a generous 753 sqft layout, featuring an oversized bedroom, a well-appointed bathroom with a dressing area, tub/shower combo, and a private toilet for added convenience. Step into spacious living as each unit unfolds with a large walk-in closet, a comfortable living room with a sliding door that opens to a private balcony, a designated dining area, and a kitchen with ample counter space and cabinets. Parking is a breeze with one designated carport for each unit, complete with additional storage, and a parking permit for an extra car in the open spaces. The convenience continues with proximity to the pool and laundry facility, adding to the overall appeal of these units. Managed by the professionals at Park Pacific Apartments/HOA, this 4-plex offers a worry-free investment. For a monthly fee of $1900, enjoy the full suite of on-site management services, including rent collection, accounting, maintenance and leasing of units. This comprehensive package also covers water, trash, sewer, gas, and building insurance, streamlining the financial aspects of ownership. The attached map provides a clear overview of the unit locations within the community. Don't miss out on this exceptional opportunity to own a hassle-free and income-generating property in a well-managed and desirable location!

Additional Information

HOA
1900
Frequency
Monthly
Association Amenities
Call for Rules, Gas, Maintenance Grounds, Insurance, Management, Maintenance Front Yard, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Trash, Water
Appliances
Electric Range
Pool Description
Association
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Exterior Construction
Drywall, Stucco
Roof
Spanish Tile
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Living Room Deck Attached, Open Floorplan, Storage, Bedroom on Main Level, Dressing Area, Walk-In Closet(s)
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$95,400
Operating Expense
27383

Listing courtesy of Listing Agent: Lily Campbell (lily@lilycampbellteam.com) from Listing Office: First Team Real Estate.

Listing sold by John Bercsi from Compass

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.