17200 Newhope 204 Fountain Valley, CA $ 825,000
17200 Newhope 204
$ 825,000
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17200 Newhope 204

Fountain Valley, CA, 92708
$ 825,000
Baths2.0 Sq 1,610

Monthly Estimate*

$ 5,209

Listed by Seven Gables Real Estate
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Studio

Multi-Family Home for sale in Fountain Valley, CA

for $825,000 with 2 full baths. This 1,610 square foot home was built in 1986 on a lot size of 2.5506.

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.

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Multi-Family Coming Soon

Price

$ 825,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

2.5506

Year Built

1986

Town/City

Fountain Valley

County/Region

Orange

MLS | Web ID

PW26195550

Days on Market

5

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Appliances Dishwasher Gas Range Microwave Refrigerator Dryer Washer
Garage Spaces 0
Pool Features Heated Association
Year Built 1986
Stories Count 1
Levels One
Unit Number 204
Property Subtype Condominium
Gross Income 64800
Community Features Street Lights
Accessibility None
County Orange
Net Operating Income 46516
Operating Expense 18284
Insurance Expense 600
New Construction false
Property Type Residential Income
Association Amenities Controlled Access Maintenance Grounds Insurance Management Barbecue Pool Pet Restrictions Spa/Hot Tub Security Trash
Contingency None
Subdivision Name Los Caballeros (LCAB)
Garage Y/N false
Special Listing Conditions Standard
Status Coming Soon
Directions Warner to Newhope turn in when you see the arches that say " Los Cab Sports Village"
City Fountain Valley
Entry Location Front door
Senior Community Y/N false
Number Of Units Total 2
MLS Area 16 - Fountain Valley / Northeast HB
Lot Size Units Square Feet
Lot Size Square Feet 111104
Carport Spaces 1
Carport Y/N true
Listing Terms Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 2364
Fuel Expense 350
Trash Expense 0
Water Sewer Expense 570
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Coming Soon
Year Built Source Public Records
Tax Lot 2
Property Sub Type Additional Condominium
Expected Active Date 2026-09-17
Taxes 8580
Cap Rate 5.63
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Interior
Interior Amenities Ceiling Fan(s) Quartz Counters Recessed Lighting Tile Counters Walk-In Closet(s)
Flooring Laminate Tile
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area Laundry Room
Entry Level 2
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Exterior
Parking Features Assigned Underground
Water Source Public
Total Parking 1
Lot Size Area 111104
Number of Buildings 1
Building Area Total 1610
Lot Size Acres 2.5506
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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* Excluded Features
List By
Seven Gables Real Estate

Broker

sarahs@sevengables.com

Email

Affordability Calculator

$5,209
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Monthly Principal & Interest
$5,209
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2026$825,000 Listed Price

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17200 Newhope 204, Fountain Valley, CA, 92708 is a Multi-Family Home for sale at $825,000 with 1,610 sqft and a lot size of 2.5506. 17200 Newhope 204 is a studio with 2.0 baths and was built in 1986. The property's zip code is 92708 which is in Fountain Valley, CA