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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Park Pacific (Pkpc)
MLS Listing ID PW21095426
Sold Date 05/27/21
Condo Fees $1,700
Construction Status Turnkey
HOA Fees $1,700/mo
HOA Y/N Yes
Year Built 1970
Lot Size 10,018 Sqft
Property Description
RARE 4-UNIT INVESTMENT OPPORTUNITY in the city of Fountain Valley!!! This resort-like property is professionally managed and maintained by Park Pacific Apartments. This property is conveniently located from parks and shopping centers, 1 mile away from the 405 FWY and across the street from Mile Square Park & golf course. This corner building faces the community pool, a few steps from the laundry facility and courtyard. All 4 units are currently leased, each unit is 753 square feet, featuring 1 bed 1 bath, dining room, spacious living room, kitchen, balcony, and designated carport per unit. HOA dues are $1,700 a month which includes: on-site full professional management company, rent collection, accounting services, leasing of units, landscape, water, trash, gas, and pool maintenance. It's completely “Hassle Free”. Tenants only pay for electricity, cable TV, and internet, making it very attractive and easy to lease. Other community features include: on-site laundry, BBQ grills & picnic tables, and clubhouse.
Location
State CA
County Orange
Area 16 - Fountain Valley / Northeast Hb
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Balcony, Ceiling Fan(s)
Laundry Location Common Area
Heating Forced Air
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplaces Type Master Bedroom, None
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Water Heater
Laundry Common Area
Exterior
Garage Assigned
Fence Wood
Pool Community, Association
Community Features Sidewalks, Pool
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Amenities Available Gas, Hot Water, Management, Maintenance Front Yard, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Pets Allowed, Sauna, Trash, Water
View Y/N Yes
View Courtyard
Roof Type Tile
Accessibility Parking, Accessible Doors
Parking Type Assigned
Private Pool No
Building
Lot Description Sprinkler System
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 93029411
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Peter Nguyen • Greenfield Realty
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