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.
AGENT: TONY MA LISTING BROKERAGE: Compass
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 17230 San Mateo #20
Fountain Valley, CA
Property Details
Price:
$1,590,000
MLS #:
WS26075299
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Park Pacific PKPC
Neighborhood:
16fountainvalleynortheasthb
Listed Date:
Apr 27, 2026
Total Sq Ft:
3,800
Lot Size:
261,987 sqft / 6.01 acres (approx)
Year Built:
1972
16 – Fountain Valley / Northeast Hb16fountainvalleynortheasthbPark Pacific Pkpc
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Schools
Interior
Cooling
WW
Heating
WL
Laundry Features
CM
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW
Parking Spots
4
Parking Total
4
Spa Features
AS
Financial
HOA Fee
$1,950
HOA Fee Frequency
MO
Net Operating Income
$74,601
Map
Community
- Address17230 San Mateo #20 Fountain Valley CA
- SubdivisionPark Pacific (PKPC)
- CityFountain Valley
- CountyOrange
- Zip Code92708
