16402 San Jacinto Street, Fountain Valley, California 92708, Fountain Valley, 92708 - bed, bath
ACTIVE UNDER CONTRACT$1,600,000
16402 San Jacinto Street, Fountain Valley, California 92708
0Bed
0Bath
3,186Sqft
8,006Lot
Year Built
1964
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$502
HOA
-
Days on market
-
Sold On
-
MLS number
OC25245392
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros.
Single-story Triplex featuring 3 distinct units. The first unit (front unit) includes 3 bedrooms, 2 bathrooms, a living & dining area with fireplace, a private patio and a 2 car detached garage. The second unit offers 2 bedrooms, 2 bathrooms, a patio and a 2 car detached garage. The third unit has 2 bedrooms, 2 bathrooms, private patio and a 1 car detached garage. The complex also includes a private laundry room. Conveniently located near shopping, schools, restaurants, and major freeways.
Price History
Date
Event
Price
10/24/25
Listing
$1,600,000
Condition Rating
Fair
Built in 1964, this triplex shows signs of regular maintenance and some cosmetic updates like newer windows, fresh paint, and wood-look laminate/tile flooring throughout. However, the kitchen and bathrooms feature dated cabinetry and countertops, suggesting an older renovation (likely 15-30 years ago) rather than a recent modern update. The implied lack of central air conditioning is a significant functional drawback. While move-in ready, it requires substantial updates in key areas like the kitchen, bathrooms, and HVAC to meet current market expectations and comfort standards.
Pros & Cons
Pros
Income-Generating Triplex: The property is a single-story triplex with three distinct units, offering excellent potential for rental income, owner-occupancy with supplementary income, or multi-generational living.
Desirable Unit Mix: Features a strong unit mix including a 3-bedroom/2-bathroom unit and two 2-bedroom/2-bathroom units, appealing to a broad range of prospective tenants.
Individual Unit Amenities: Each unit benefits from private patios and dedicated detached garages (two 2-car, one 1-car), providing valuable privacy and convenience for residents.
Prime Fountain Valley Location: Conveniently located near shopping centers, schools, restaurants, and major freeways, ensuring high tenant demand and strong long-term property value.
On-Site Laundry Facility: The complex includes a private laundry room, adding a significant convenience factor for tenants and potentially offering an additional income stream for the owner.
Cons
Age of Property: Built in 1964, the property is over 50 years old, suggesting potential for deferred maintenance, outdated building systems, and the need for significant capital expenditures for modernization.
Potential for Outdated Interiors: The description does not mention any recent renovations or upgrades, implying that unit interiors, fixtures, and appliances may be dated, potentially impacting rental rates and tenant appeal without investment.
Lack of Central Air Conditioning (Implied): Given the 1964 build year and no mention of HVAC, it is highly probable the units lack central air conditioning, which could be a significant drawback for tenants in warmer months and a competitive disadvantage.