
Fountain Valley, California 92708
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,399,999—positioned slightly above the $1,376,705 Fair Market Value. While not a discount buy, the property offers significant upside through its 460 Sq. Ft. Attached Garage ideal for ADU conversion and a 7,446 Sq. Ft. Corner Lot. With a Condition Rating of 4, the home requires cosmetic modernization to reach its full potential. Located in the Huntington Beach Union High district, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term value-add.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16404 Ponderosa St. Subject | $1,399,999* List Price | 4 | 2 | 1,683 | $818 | - |
A 9212 Daffodil Sold | $1,520,000 | 4 | 2 | 1,641 | $926 | 0.2 mi |
B 16799 Daisy Avenue Sold | $1,145,000 | 4 | 2 | 1,782 | $643 | 0.4 mi |
C 17314 Elm Street Sold | $1,574,000 | 4 | 3 | 1,804 | $873 | 1.0 mi |
D 8883 La Paloma Sold | $1,349,000 | 4 | 3 | 1,912 | $706 | 0.8 mi |
E 9080 La Casita Sold | $1,230,000 | 3 | 2 | 1,355 | $908 | 0.8 mi |
F 16805 Redwood Street Sold | $1,609,000 | 4 | 3 | 1,936 | $831 | 0.8 mi |
G 9181 El Cortez Avenue Sold | $1,305,000 | 3 | 2 | 1,407 | $928 | 0.7 mi |
H 17111 Santa Rita Street Active Under Contract | $1,329,000 List Price | 3 | 3 | 1,749 | $760 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, the property is over 50 years old but has received partial updates including double-pane windows and a refreshed bathroom vanity. However, the kitchen remains dated with a layout change suggested in the description, and exterior elements like the wooden deck show significant age and wear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7446, living area = 1683.
The property features a 460 sq. ft. attached garage ideal for ADU/JADU conversion and sits on an expansive 7,446 sq. ft. corner lot, offering significant value-add opportunities for multi-generational living or rental income.
The interior offers high customization potential with a non-load-bearing partition wall for an open-concept kitchen, complemented by existing upgrades like double-pane windows and skylights.
Built in 1967, the property likely requires significant cosmetic modernization to meet current luxury standards, as the listing emphasizes 'potential' rather than recent comprehensive renovations.
The property is noted as having no views, which may be a drawback for buyers seeking premium vistas or elevated privacy in this price bracket.
Welcome to 16404 Ponderosa St! Features 4 Beds, 2 Baths, 1,683 sq. ft. of Living Space, Plus a Permitted 15' x 13' Enclosed Patio (~1,880 sq. ft. total Usable Space) on an Expansive 7,446 Sq. Ft. Corner Lot. Highlights include a Flexible Open-Concept Kitchen Potential (Non-Load-Bearing Partition Wall), Double-Pane windows, skylights, and a 460 Sq. Ft. Attached Garage Ideal for ADU/JADU Conversion. Minutes from Mile Square Park, Top schools, and the 405........ Open House: Sunday, August 30th | 1:00 PM – 5:00 PM...... Offer Due: Wednesday, September 2nd
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,683 | 1,987.304 |
| Lot Size | 7,446 | 7,200.391 |
| Price | $1.40M | $1.51M |
| Price per sq ft | $832 | $760 |
| Built year | 1967 | 1969 |
| HOA | $0 | $207 |
| Days on market | 19 | 40 |
Aug 21, 2026
$1,399,999
Initial Listing
Dec 27, 2006
$685,000
Public Record
Mar 3, 2005
$625,000
Public Record