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.
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.