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Fountain Valley, CA

$1,590,000

17230 San Mateo 20, Fountain Valley, CA
1972
Built
72
Days listed

About this home

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.

Facts & features

Interior
Fireplace
None
Heating
Wall Furnace
Cooling
Wall Window Units
Laundry
Common Area
Levels
Two
Spa
Association
Exterior & lot
Lot size
6.014 acres (261,987 sq ft)
Pool
Association
Year built
1972
Parking
Assigned, Detached Carport, One Space
Parking spaces
4
Community
Area
16 - Fountain Valley / Northeast HB
County
Orange
Community features
Sidewalks
HOA fee
$1,950/mo
Listing details
Status
Active
Property type
Quadruplex
Days on market
72
Listed
2026-04-27
Terms
Cash, Cash To New Loan
Parcel #
93029420
MLS #
WS26075299
Listed by
TONY MA · Compass

Location

Price history

Listed
$1,590,000 · 2026-04-27
Days on market
72
Current price
$1,590,000
Financing

Could this home be yours?

Estimated monthly payment
$9,974
$8,040 principal & interest · $1,935 taxes & insurance
$318,000
Estimate only
Loan $1,272,000

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Listing data provided by CRMLS

Listing courtesy of Compass. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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