Keegan Cin | RealtorĀ® | License # DRE 01971604

Property

Fountain Valley, CA 92708 17230 San Mateo 20

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Presented By: TONY MA with Compass; 626-759-4812
  • MLS# WS26075299
  • 04/27/2026
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 3,800
  • Year Built • 1972

Home Details

An exceptional investment opportunity to acquire a 4-unit condominium complex in the highly sought-after Park Pacific Apartments in Fountain Valley—an asset class and location where opportunities are extremely limited and rarely available. Each unit features 2 bedrooms and 1 bathroom with approximately 950 sq. ft. of well-designed living space, along with assigned carport parking and private overhead storage. The property benefits from a fully managed, turnkey structure, delivering truly passive ownership with professional management already in place—ideal for investors seeking stable cash flow and long-term appreciation without operational burden. HOA dues comprehensively cover property management, leasing, maintenance, insurance, water, trash, gas, community laundry, and resort-style amenities including a pool and spa—significantly reducing owner responsibilities and expense volatility. Tenants are only responsible for electricity, further streamlining operations. The asset currently includes one vacant unit, presenting immediate upside through lease-up at market rents or the option for owner occupancy. The community is characterized by low turnover and strong rental demand, supporting consistent occupancy and income stability. Strategically located near Mile Square Park, top-rated schools, and within close proximity to Huntington Beach and Bolsa Chica, the property benefits from strong tenant appeal driven by lifestyle amenities, employment access, and convenient connectivity to major freeways and retail/dining corridors. Financing options are available, making this a compelling opportunity for both seasoned investors and those looking to secure a high-performing, low-maintenance multifamily asset in a premier Orange County location. Contact for additional financials and details—opportunities like this are scarce.
Presented By: TONY MA with Compass; 626-759-4812

Interior Features for 17230 San Mateo 20

Other Interior Features

Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 17230 San Mateo 20

Additional Parcels Description16905205
Additional Parcels Y/NYes
Assoc Fee Paid PerMonthly
Association AmenitiesInsurance, Management, Barbecue, Pool, Spa/Hot Tub, Trash, Water
Association NamePark Pacific
Building Area UnitsSquare Feet
Cap Rate4.6
Carport Spaces4
Carport Y/NYes
CityFountain Valley
Community FeaturesSidewalks
ContingencyNone
CoolingWall/Window Unit(s)
CountyOrange
DirectionsSouth of Warner Ave and East of Brookhurst St
Entry LocationFront Door
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income117876
HOAYes
HOA Fee$1950
HeatingWall Furnace
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet261987
Lot Size UnitsSquare Feet
MLS Area16 - Fountain Valley / Northeast HB
Net Operating Income74601
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
Operating Expense43275
Pool FeaturesAssociation
PossessionClose Of Escrow
PostalCityFOUNTAIN VALLEY
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesAssociation
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NamePark Pacific (PKPC)
Tax Lot1
Taxes$19,875
Tenant PaysElectricity
Trash Expense0
Unit Number20
UtilitiesCable Available, Electricity Available, Natural Gas Available, Water Available
Water Sewer Expense0
Year Built1972
Year Built SourceAssessor

Exterior for 17230 San Mateo 20

Building Area Total3800
Lot FeaturesLandscaped
Lot Size Acres6.0144
Lot Size Area261987
Lot Size SourceEstimated
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesAssigned, Detached Carport, One Space
Private PoolNo
SpaYes
Total Parking4
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Justin Hughey

Price $1,590,000
MLS#WS26075299
List Date 04/27/2026
Property Type Multi-Family
Request Tour
Request Info

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