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Ernie Caponera

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

$825,000

Est. payment - /mo

2.55 Acres Lot

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Key Details

Property Type Single Family Home, Condo

Sub Type Condominium

Listing Status Coming Soon

Purchase Type For Sale

Subdivision Los Caballeros (Lcab)

MLS Listing ID PW26195550

HOA Y/N No

Year Built 1986

Lot Size 2.551 Acres

Property Sub-Type Condominium

Property Description

Imagine owning a home where rental income helps offset your monthly housing expenses while you build equity. That is exactly what this rare duplex-style condo in Fountain Valley has offered its current owners. Featuring two side-by-side residences with private entrances, the property offers a combined 3 bedrooms, 3 bathrooms, and approximately 1,610 square feet. Live in one and rent the other, or explore the potential of renting both, all with one APN, one tax bill, and one HOA fee.

Unit 204A offers approximately 1,040 square feet with 2 bedrooms, 2 bathrooms, an open-concept living area, in-unit laundry, and a full appliance package. Recent improvements include updated laminate flooring, an upgraded mini-split system, refreshed kitchen cabinets, and recessed lighting. Unit 204B offers approximately 570 square feet with 1 bedroom, 1 bathroom, its own upgraded mini-split system, and a beautifully remodeled kitchen completed in November 2024.

The 1-bedroom unit is currently rented for **$2,350 per month**, while the 2-bedroom unit was most recently rented for **$2,895 per month in 2024**, both including utilities. Together, those rents total **$5,245 per month** when both units are rented. Utilities are not separately metered.

Located next to the Los Cab Sports Complex, this property places an active lifestyle right outside your door. The private sports club offers an Olympic-size pool, fitness center, group fitness classes, tennis, pickleball, racquetball, squash, handball, and more, along with a café and wellness amenities. Club access is subject to membership. The gated residential community also features pools, spas, BBQ areas, and ample open parking, plus one assigned, covered parking space.

Whether you are looking to create your own house-hacking opportunity or add a flexible income-producing property to your portfolio, this unique condo offers a compelling combination of lifestyle and investment potential.

Location

State CA

County Orange

Area 16 - Fountain Valley / Northeast Hb

Interior

Interior Features Ceiling Fan(s), Quartz Counters, Recessed Lighting, Tile Counters, Walk-In Closet(s)

Heating Heat Pump

Cooling Heat Pump, Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer

Laundry Common Area, Laundry Room

Exterior

Parking Features Assigned, Underground

Carport Spaces 1

Pool Heated, Association

Community Features Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Amenities Available Controlled Access, Maintenance Grounds, Insurance, Management, Barbecue, Pool, Pet Restrictions, Spa/Hot Tub, Security, Trash

Accessibility None

Total Parking Spaces 1

Private Pool No

Building

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 93878290

Energy Description 350.0

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Sarah Sees Smith Seven Gables Real Estate offers@seessmith.com, DRE #02139512

Nearby Locations

"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

17200 Newhope #204 Fountain Valley, CA 92708

Ernie Caponera

Key Details

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17200 Newhope #204