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Mike Blair

mike.blair@lptrealty.com +1(619) 548-9588

$ 825,000

Est. payment | -/mo

3 Beds

3 Baths

2.55 Acres Lot

Save

$ 825,000

Est. payment | -/mo

Save

3 Beds

3 Baths

2.55 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Los Caballeros (Lcab)

MLS Listing ID PW26195550

Bedrooms 3

HOA Fees $535/mo

Lot Size 2.551 Acres

Property Sub-Type Res Income 2-4 Units

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 caf and wellness amenities. Club access is subject to membership. The gated res

Location

State CA

County Orange

Zoning Public Rec

Direction Warner to Newhope turn in when you see the arches that say \" Los Cab Sports Village\"

Interior

Cooling Heat Pump(s), Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

HOA Name Los Caballeros Club Villa

HOA Fee Include Exterior (Landscaping),Gated Community,Limited Insurance,Trash Pickup

Senior Community No

Tax ID 93878290

Acceptable Financing Conventional

Listing Terms Conventional

Listed by Sarah Sees Smith, DRE#02139512 Seven Gables Real Estate

Schools and Properties Nearby

17200 Newhope Fountain Valley, CA 92708