Listing Courtesy of:
Seven Gables Real Estate
Agency Phone: 714-840-1031
Associate Name: Sarah Sees Smith
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
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.
Listed By
Agency Name: Seven Gables Real Estate
Agent Name: Sarah Sees Smith
Agency Phone: 714-840-1031
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimated Payment
$ 2,076.72 per month $1,836.09 Principal & Interest $0.00 Property Tax (data not provided by mls) $240.63 Homeowner's Insurance
17200 Newhope, Unit 204 | MLS# PW26195532
This condo located at 17200 Newhope, Unit 204, Fountain Valley, CA 92708 is currently listed for sale with an asking price of $825,000. This property was built in 1986 and has 3 bedrooms and 3 full baths with 1612 sq. ft. Newhope, Unit 204 is located in the Los Caballeros (LCAB) subdivision within the Garden Grove Unified school district. Search Los Caballeros (LCAB) real estate on www.farrellsmyth.com today.