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17230 San Mateo 20Fountain Valley, CA 92708

For Sale

$1,590,000

Smart Buyer Rebate $15,900

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.

Listed by TONY MA

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License #01931357

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Compass

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626-759-4812

Last updated April 28, 2026

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Source: CRMLS #WS26075299

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Coast
  • Days on Prevu5
  • HOA/Maint. Fees$1,950/month

Amenities

  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

04/27/2026
Listed by Compass
$1,590,000

Property Details for 17230 San Mateo 20

Association

Amenities

  • Association Amenities: Insurance, Management, Barbecue, Pool, Spa/Hot Tub, Trash, Water
  • Community Features: Sidewalks

Fees

  • Association Fee: $1,950.00 Monthly

General

  • Association Name: Park Pacific

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1972
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front Door

Features

  • Pool Features: Association

Measurements

  • Building Area Total: 3,800
  • Building Area Units: Square Feet
  • Lot Features: Landscaped
  • Lot Size Acres: 6.01
  • Lot Size Area: 261,987
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 261,987
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.6
  • Gross Income: $117,876.00
  • Operating Expense: $43,275.00

Taxes

  • Parcel Number: 93029420

Interior

Features

  • Spa Features: Association
  • Spa: Yes

Other

Location

  • Subdivision Name: Park Pacific (PKPC)
  • Tax Lot: 1

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Assigned, Detached Carport, One Space
  • Parking Total: 4

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 17230 San Mateo 20.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 17230 San Mateo 20.

How does 17230 San Mateo 20 compare to other multi-family homes in North Coast?

This multi-family home is listed 43% below the average price for multi-family homes in North Coast and has been on the market for 58 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is part of the Park Pacific home owners association.

17230 San Mateo 20 is a -bedroom multi-family home for sale in Fountain Valley CA 92708. Listed on Prevu for 5 days at $1,590,000. This home is located in North Coast. The median listing price for multi-family homes in this area is $1,496,500. Additional amenities include parking and swimming pool. View other multi-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.