
Fountain Valley, California 92708
This Turnkey Condominium is a Strong Value Opportunity, listed at $445,000—positioned well below the $464,119 Fair Market Value by 4%. This valuation gap offers $19,119 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a remodeled quartz kitchen and upgraded flooring, this ground-level residence offers a stress-free lifestyle near Mile Square Regional Park. With its FHA-Approved status and accessible layout, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12068 Sylvan River 58 Subject | $429,000* List Price | 1 | 1 | 702 | $634 | - |
A 12042 Sylvan River 18 Sold | $470,000 | 1 | 1 | 702 | $670 | 0.0 mi |
B 17200 Newhope Street 123 Active | $449,990 List Price | 1 | 1 | 572 | $787 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1983, the interior has undergone a comprehensive recent renovation. The kitchen features modern quartz countertops and white cabinetry, the bathroom vanity has been updated, and there is upgraded flooring throughout, placing it in mint, move-in ready condition.
The unit features a remodeled kitchen with quartz countertops, white cabinetry, and updated flooring, providing a contemporary, move-in-ready aesthetic.
Being FHA-approved and located on the ground level with no interior stairs, this property is highly accessible and qualifies for a wider range of financing options.
Situated in the desirable New Chase community, the home offers excellent proximity to Mile Square Regional Park, the Santa Ana River Trail, and major commuting via the 405 freeway.
The monthly association fee of $595 is relatively high for a one-bedroom unit, which significantly increases the total monthly carrying costs for the owner.
With only 702 square feet of living area and no scenic views, the property may feel restrictive for buyers seeking more interior volume or an outlook.
FHA-APPROVED!! Best price in FV! A beautifully upgraded ground-level condominium located in the highly desirable New Chase community of Fountain Valley. This thoughtfully updated 1-bedroom, 1-bath residence offers approximately 702 square feet of comfortable living space with an open-concept floor plan designed for both everyday living and entertaining. The spacious living room features a cozy fireplace and opens seamlessly to a private outdoor patio, creating an ideal indoor-outdoor living experience. The remodeled kitchen showcases quartz countertops, white cabinetry, abundant storage, and a breakfast bar that overlooks the main living area. Adjacent dining and living spaces provide a bright and inviting atmosphere throughout the home. The generously sized primary suite includes a large vanity area that has been updated, ample closet space, and direct access to the bathroom. Additional features include upgraded flooring, in-unit stackable laundry, assigned covered parking, and a desirable first-floor location with no interior stairs. Residents of the New Chase community enjoy beautifully maintained grounds, mature landscaping, a sparkling pool, spa, tranquil greenbelt areas, and a pet-friendly environment perfect for daily walks with your furry companions. Conveniently located near Mile Square Regional Park, the Santa Ana River Trail, shopping, dining, and easy access to the Interstate 405.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 702 | 916 |
| Lot Size | 16,917 | 43,961 |
| Price | $429.0K | $571.0K |
| Price per sq ft | $611 | $613 |
| Built year | 1983 | 1983 |
| HOA | $595.0 | $500 |
| Days on market | 34 | 68 |
Jun 29, 2026
$429,000
$445,000
-4% Price Drop
Initial Listing
Jun 18, 2026
$445,000
Initial Listing
Jun 30, 2021
$385,000
Public Record
May 10, 2001
$124,000
Public Record