17210 San Mateo Street #25

Fountain Valley, CA 92708

A great investment opportunity that is rarely on the market! Completely MAINTENANCE FREE! This resort-like, Park Pacific fourplex, is conveniently located across from Mile Square Park. Each unit has 1 bedrooms/1 bath, dining room, spacious living room, covered balcony, spacious sized bedroom and one designed carport with storage per unit. Owner pays low HOA fee of $1,900 a month. Included in HOA fee: On-site professional management, leasing of units, advertising, rent collections, water, trash, gas, insurance, exterior landscape, maintenance, pool, spa, and community laundry. Tenant only pays for electricity, cable, and internet, which make these apartments VERY attractive to prospective tenants. Excellent location, close to freeways, parks, and shopping. Sold AS-IS with current leases in place. Interior showing available only after a fully accepted offer subject to interior inspection. There are 42 condo fourplexes in Park Pacific West, therefore owner owns 1/42nd % FEE interest in common area. J1/$1375 MTM leased since 11/15/09, J2/$2050 leased since 1/5/22 (renewed lease 2/1/23), J9/MTM $1384 leased since 7/4/97, J10/1850 leased since 12/1/20.Proforma Re-rent rate is $2,200.

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