
Fountain Valley, California 92708
This Versatile Dual-Living Condominium is listed at $745,000, representing a stable acquisition at its $737,931 Fair Market Value. The property features a rare configuration including a separate 3rd-floor studio with a private entrance, providing a rare "house-hack" opportunity. Boasting a Condition Rating of 4, the interior is well-maintained but offers significant value-add potential through modernization. Residents enjoy a Community Pool View, private deck, and proximity to the Los Caballeros Sports Village. This income-capable asset is ideal for Live-in Landlords or Multi-Generational Buyers seeking lifestyle and flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17200 Newhope 23 Subject | $745,000* List Price | 0 | 0 | 1,680 | $439 | - |
A 17200 Newhope Street 10 Sold | $850,000 | 0 | 0 | 1,920 | $443 | 0.0 mi |
B 17200 Newhope Street 1 Sold | $839,000 | 3 | 3 | 1,920 | $437 | 0.0 mi |
C 11600 Warner 640 Sold | $560,000 | 2 | 2 | 1,030 | $544 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but the kitchen and bathrooms are significantly outdated, featuring original-style oak cabinetry, white tile countertops, and fluorescent light boxes consistent with its 1983 construction. While the living areas have been updated with newer laminate flooring, the overall interior requires modernization to meet current aesthetic standards.
The unique configuration featuring a completely separate 3rd-floor studio with its own private entrance offers exceptional flexibility for rental income or multi-generational living.
Situated in a gated community just steps from the Los Caballeros Sports Village, residents have access to premier fitness facilities, pools, and the West Coast's largest pickleball center.
At 1,680 square feet, this property provides a generous open-concept living area and an oversized primary bedroom, offering more interior volume than standard condominiums in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1680, other record living area = 1040.
The association fee of $512.23 represents a significant monthly carrying cost that may impact the purchasing power and overall affordability for some buyers.
With only one assigned covered parking space for a property designed to house multiple occupants or tenants, parking logistics could be a challenge for residents with multiple vehicles.
Have It YOUR Way! This unique property offers a rare and flexible living arrangement designed as a two-story main residence on the 1st and 2nd floors, PLUS a completely separate 3rd-floor unit with its own private entrance. It’s perfect for multi-generational living, or you can live in one unit and rent out the other or both —YOUR CHOICE! Main Unit (1st & 2nd Floors) features a spacious open-concept living, dining, and kitchen area with breakfast bar and ample storage. 2nd Floor features an over sized bedroom, full bathroom, separate laundry room with washer & dryer hookups, private sitting deck with views overlooking the community pool. Separate 3rd-Floor studio unit features a private exterior entrance, open living/dining area with kitchenette and bar refrigerator, walk in closet and bath. Well-maintained, smoke free, gated and amenity-rich community with access to pools, spas, BBQ areas, and lush landscaping. Ample guest and open parking and one assigned covered parking space in a gated shared community garage. Located just steps from Los Caballeros Sports Village—home to the largest private pickleball facility on the West Coast—offering an Olympic-size pool, tennis, basketball, volleyball, weight room, fitness classes, and more (membership required). This type of versatile, income-producing property is rarely available. Whether you're an investor or a live-in landlord, this is an opportunity you don't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 13% |
| Baths | 0.0 | 1.0 | 13% |
| Square foot | 1,680 | 752 | 81% |
| Lot Size | 6,276 | 16,846.5 | 38% |
| Price | $745.0K | $535.0K | 75% |
| Price per sq ft | $443 | $625 | 19% |
| Built year | 1983 | 1986 | 38% |
| HOA | $512.23 | $500 | 69% |
| Days on market | 8 | 200 | 6% |
Apr 14, 2026
$745,000
Initial Listing