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Key Details
Sold Price $1,135,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Park Pacific (Pkpc)
MLS Listing ID TR24167085
Sold Date 09/25/24
Condo Fees $1,900
Construction Status Turnkey
HOA Fees $1,900/mo
HOA Y/N Yes
Year Built 1970
Annual Tax Amount $6,057
Tax Year 2023
Lot Size 3,009 Sqft
Property Description
EXCELLENT SALES PRICE & GREAT INCOME! Very hard to find the unique 4-UNIT condo for investors or owners, first time in the market for sale. B5 & B17 (Fully renovation in MAR 2024, rent $2,200 each per month); B6 ($1,904 per month) B18 ($1,825 per month) located in the heart of Fountain Valley’s Park Pacific community. Rarely on the market for sale. This condo-fourplex has full professional management & maintenance services from Park Pacific and give the property owner hassle free to collect the rents! Professionally managed and maintained by Park Pacific are only $1,900 a month for 4 units which includes: HOA dues, full professional management, rent collection and accounting services, put in the market for rent, landscaping, water, trash, gas, insurance, pool maintenance, and much much more. Tenants only need to pay for electricity, cable, and internet, making it very attractive and easy to lease. Situated across from beautiful Mile Square Park and conveniently located close to freeways and restaurants amenities; this property features four 1 bedroom/1 bath and each unit has 753 square footage of living space with balconies or patio, very spacious and bright living room, dining area, well equipped kitchen, separate dressing areas, AC wall units, and designated carports (333/334/339/340) and storage space are very close to the subject. Community amenities include beautifully greenbelts with walking paths, pool and spa, gas BBQs, picnic tables, and laundry facilities. Two units have just done the renovation with great condition and this property is listing at sold as-is conditions with current leases in place. Don't miss out on this excellent 0pportunity!
Location
State CA
County Orange
Area 16 - Fountain Valley / Northeast Hb
Interior
Interior Features Balcony, Open Floorplan, Storage, Unfurnished, Walk-In Closet(s)
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Convection Oven
Laundry Common Area
Exterior
Garage Assigned
Carport Spaces 4
Pool Community, Association
Community Features Sidewalks, Pool
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Amenities Available Call for Rules, Gas, Maintenance Grounds, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Trash, Water
View Y/N Yes
View Neighborhood
Parking Type Assigned
Total Parking Spaces 4
Private Pool No
Building
Lot Description Greenbelt, Lawn
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Construction Status Turnkey
Others
HOA Name Park Pacifica Apartment
HOA Fee Include Pest Control
Senior Community No
Tax ID 93029437
Security Features Carbon Monoxide Detector(s),Resident Manager
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with John Kelly • Seven Gables Real Estate