Stacey Alysson Melman

17230 San Mateo #20 Fountain Valley CA 92708 MLS #WS26075299

17230 San Mateo #20
Fountain Valley, CA, 92708
$1,590,000
Beds
0 Baths
0 SqFt
6.01 Acres
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MLS #WS26075299 image #0
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
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

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