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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,590,000

Est. payment - /mo

6.01 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Park Pacific (Pkpc)

MLS Listing ID WS26075299

HOA Fees $1,950/mo

HOA Y/N Yes

Year Built 1972

Lot Size 6.014 Acres

Property Sub-Type Quadruplex

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

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Detached Carport, One Space

Carport Spaces 4

Pool Association

Community Features Sidewalks

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

Amenities Available Insurance, Management, Barbecue, Pool, Spa/Hot Tub, Trash, Water

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

HOA Name Park Pacific

Senior Community No

Tax ID 93029420

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by TONY MA Compass 626-759-4812, DRE #01931357

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

17230 San Mateo #20 Fountain Valley, CA 92708

Ernie Caponera

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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17230 San Mateo #20