
Fountain Valley, California 92708
This High-Potential Investment Opportunity is listed at $1,290,000, positioned well below the $1,332,663 Fair Market Value by 3%. This valuation gap offers $42,663 in Instant Equity. Featuring a 2020 sq. ft. floor plan with a downstairs bedroom and new 2020 tile roof, the home maintains a Fair Condition Rating that invites cosmetic modernization. Located near Mile Square Park and top-tier schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17031 Ward Subject | $1,290,000* List Price | 4 | 3 | 2,019 | $660 | - |
A 10830 La Terraza Avenue Sold | $1,328,000 | 5 | 2 | 1,936 | $686 | 0.5 mi |
B 9781 La Esperanza Sold | $1,500,000 | 4 | 2 | 1,910 | $785 | 0.7 mi |
C 11130 Stonecress Avenue Sold | $1,340,000 | 4 | 3 | 2,028 | $661 | 0.7 mi |
D 17741 Los Alamos Sold | $1,400,000 | 4 | 2 | 2,035 | $688 | 0.8 mi |
E 16846 Mount Fletcher Pending | $1,675,000 List Price | 4 | 3 | 2,340 | $716 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but significantly dated, largely reflecting its 1977 year built. While the roof is a major plus (replaced in 2020), the interior requires modernization. The kitchen and bathrooms feature older tile countertops, fluorescent light boxes, and original-style cabinetry. The presence of popcorn ceilings, dated red carpeting, and 1970s-era floor tiles confirms it falls into the 'Fair' category, needing cosmetic updates and minor repairs to meet modern standards.
The property is exceptionally located within walking distance to Mile Square Park, top-rated schools, and essential amenities, offering high desirability and convenience.
The 2,020 sq. ft. layout includes a downstairs bedroom with a separate entry and a spacious master suite with a private balcony, making it ideal for multi-generational living.
A new red tile roof installed in 2020 and a fully equipped backyard with a covered patio and built-in BBQ provide significant value and reduce immediate maintenance costs.
Built in 1977, the home may require cosmetic or modern renovations to the kitchen and bathrooms to meet contemporary luxury standards and buyer expectations.
While the property features central heating, there is no mention of a central air conditioning system, which is a significant consideration for comfort during warmer months.
BEST LOCATION, BIG HOME, HAVE ALL IN ONE! BIG HOME, 2020 sq ft, BEST LOCATION: Exceptional opportunity, just steps away from Mile Square Park & Holy Spirit Church. East-facing 4-Bed 2.75-Bath with French DOUBLE door entry that opens to a spacious living room with vaulted ceiling, ample natural light in every room. NEW RED TILE ROOF 6 years old. A wide eat-in kitchen with wet bar adjoins the formal dining room and family room with cozy fireplace. The downstairs bedroom has a separate entry. A large upstairs master's suite features double sinks, 2 walk-in closets, and a private balcony. Relax under the covered backyard patio with built-in barbecue grill & drink counter, while enjoying mature fruit trees and flowers. The 2-car attached garage has overhead storage. Also has central heating and a new tile roof, year 2020. Excellent schools, close to Library, shopping, restaurants, hospitals, police and fire stations. Don't miss this! Additional features include a new tile roof, 2,020 sq. ft. of living space built in 1977, and direct garage access. Located near excellent schools, it is within walking distance to Masuda and Cox schools, many churches, and Mile Square Park. It is also close to two hospitals, the freeway, business centers, and supermarkets. Don't miss this!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,019 | 1,936 | 56% |
| Lot Size | 5,250 | 7,194 | 19% |
| Price | $1.29M | $1.55M | 18% |
| Price per sq ft | $639 | $737 | 20% |
| Built year | 1977 | 1969 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 106 | 11% |
May 7, 2026
$1,290,000
Initial Listing
Sep 1, 2005
$728,000
Public Record
Dec 5, 1997
$222,500
Public Record