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John R Thompson

jrtcalibroker@gmail.com +1(805) 796-5221

Listed by TONY Buu MA • Compass

$1,590,000

Est. payment - /mo

3,800 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $418

MLS Listing ID WS-26075299

HOA Fees $1,950/mo

Year Built 1972

Lot Size 6.014 Acres

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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.

Location

State CA

County Orange

Area 16 - Fountain Valley / Northeast Hb

Interior

Heating Wall Furnace

Fireplaces Type None

Laundry Community

Exterior

Parking Features Parking Space, Assigned, Detached Carport

Pool Association

Community Features Sidewalks

Utilities Available Water Available, Cable Available, Electricity Available, Natural Gas Available

Building

Lot Description Landscaped

Sewer Public Sewer

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John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

17230 San Mateo Fountain Valley, CA 92708

John R Thompson

Key Details

Location

Interior

Exterior

Building

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17230 San Mateo