17210 San Mateo Street, Unit 25

Fountain Valley, CA 92708

$900,000
Last Sold Price
4
Beds
4
Baths
3,000 Sq. Ft.
$300 / Sq. Ft.
3,000
Sq. Ft.
$300
per Sq. Ft.

Description

Rarely does an investment opportunity like this present itself - a completely maintenance-free fourplex in the resort-like community of Park Pacific. Situated across from the beautiful Mile Square Park, each unit boasts a spacious living room, dining room, covered balcony, and generously-sized bedroom. With one designated carport and storage space per unit, the property is a low-maintenance investment. The owner pays a low HOA fee of $1,900 per month, which includes on-site professional management,...Rarely does an investment opportunity like this present itself - a completely maintenance-free fourplex in the resort-like community of Park Pacific. Situated across from the beautiful Mile Square Park, each unit boasts a spacious living room, dining room, covered balcony, and generously-sized bedroom. With one designated carport and storage space per unit, the property is a low-maintenance investment. The owner pays a low HOA fee of $1,900 per month, which includes on-site professional management, advertising, rent collections, water, trash, gas, insurance, exterior landscape, maintenance, pool, spa, and community laundry. Prospective tenants will be attracted to the fact that they only need to pay for their electricity, cable, and internet. Conveniently located close to freeways, parks, and shopping, this property is sold as-is with current leases in place. With only 42 condo fourplexes in Park Pacific West, the owner owns a 1/42nd % FEE interest in the common area. Don't miss out on this fantastic investment opportunity with the potential for a proforma re-rent rate of $2,200.
  1. Listed by Carlos Hernandez • DRE #01430223 • Brokerage DRE #00616212 • Coldwell Banker Realty • 949-842-0469

Property Details for 17210 San Mateo Street, Unit 25

Parking Spaces Total
4
Private Pool
No
Cooling Type
See Remarks, Wall/Window Unit(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
See Remarks
Living Area
3000
Assessor Parcel Number
930-294-25

Location

Listing Courtesy of Coldwell Banker Realty, Carlos Hernandez, DRE #01430223

Sold By Rodecker, Wallace, Wallace Rodecker, DRE #01111625

Add your commute
LISTING UPDATED: 06/22/2023 08:17 AM

Property Details for 17210 San Mateo Street, Unit 25

StatusClosed
MLS #OC23013488
Days on Market92
Taxes-
HOA Fees$1,900 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1970
Lot Size0.03 AC / 1,500 SF
CountyOrange County

Location

Listing Courtesy of Coldwell Banker Realty, Carlos Hernandez, DRE #01430223

Sold By Rodecker, Wallace, Wallace Rodecker, DRE #01111625

Add your commute

Virtual Tour

Building Information for 17210 San Mateo Street, Unit 25

Stories2Residences-Year Built1970Building Size-Lot Size0.03 AC / 1,500 SF

Payment Calculator

$7,189 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$377

HOA Dues

$1,900

The Payment Calculator is for illustrative purposes only.

Property Information for 17210 San Mateo Street, Unit 25

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Telephone
  • Pets Allowed: Call
Income / Expense / Tax Details
Income Details
  • Gross Income: $76,908
  • Gross Scheduled Income: $76,908
  • Vacancy Allowance: 2361
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $35,175
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $41,172
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Other Expense: $22,800
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $35,175
Tax / Assessment Info
  • Tax Tract Number: 11128
  • Tax Census Tract: 992.51
  • Tax Lot: 1
Community / Development
Community / Development
  • Association Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Gas, Maintenance Grounds, Trash, Sewer, Water, Call for Rules, Management
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
  • Complex Name: Park Pacific Apartments
  • Association Name: Park Pacific Apartments
  • Association Phone: 714 968-3378
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Individual Room, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: See Remarks, Wall/Window Unit(s)
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Virtual Tour URL Unbranded: https://youtu.be/g0QXtcpYSeU
Exterior Features
  • Pool Features: Association
  • Pool Description: Association Pool
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Electric: Cable Available, Electricity Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
  • Parking Features: Carport
Property / Structure Info
  • Builders Tract Name: Park Pacific
  • Builders Tract Code: Park Pacific (PKPC)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,375
  • Unit Type Total Rent: $1,375
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,050
  • Unit Type Total Rent: $2,050
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,384
  • Unit Type Total Rent: $1,384
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Carpet: 4
  • Number With Patio: 4

Property History for 17210 San Mateo Street, Unit 25

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 17210 San Mateo Street, Unit 25

Taxable ValueLand$134,265Additions$192,385Total$326,650
Tax Record2023$4,527 ($377 / month)
Home Facts
Total Finished SqFt2,856 SqFtAbove Grade Finished SqFt2,856 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969CountyORANGEAPN930-294-25

Schools near 17210 San Mateo Street, Unit 25

This home is within Fountain Valley Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cox (James H.) Elementary School
PublicK to 5

Masuda (Kazuo) Middle School
Public6 to 8

Fountain Valley High School
Public9 to 12

Valley Vista High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Carlos Hernandez, DRE #01430223

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.