17200 Newhope Street 10, Fountain Valley, California 92708, Fountain Valley, 92708 - bed, bath

17200 Newhope Street 10, Fountain Valley, California 92708 home-pic-0
ACTIVE$865,000
17200 Newhope Street 10, Fountain Valley, California 92708
0Bed
0Bath
1,920Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Dual-Income Investment Potential: This unique duplex-style condominium offers two separate units (2 bed/2 bath and 1 bed/1 bath with private entry), providing significant flexibility for owner-occupancy with rental income or a pure investment strategy.
Top Cons:
High Monthly Association Fees: The substantial monthly association fee of $567.11 adds significantly to the overall cost of ownership, which could impact affordability for some buyers.

Compared to the nearby listings

Price:$865.0K vs avg $591.0K (+$274,000)83%
Size:1,920 sqft vs avg 1,047 sqft89%
Price/sqft:$451 vs avg $58911%

More Insights

Built in 1983 (42 years old).
Condition: The property, built in 1983, features a recently updated kitchen with modern wood cabinetry, light-colored granite/quartz countertops, stainless steel appliances, and new-looking hardwood flooring. This significant renovation in a key area suggests the property has undergone extensive updates within the last 5-15 years, aligning with the 'Good' condition criteria. While bathroom images are not provided, the high quality of the kitchen renovation indicates a move-in ready condition with modern aesthetics in at least one major area. The community amenities also appear well-maintained.
Year Built
1983
Close
-
List price
$865K
Original List price
$865K
Price/Sqft
$451
HOA
$567.11
Days on market
-
Sold On
-
MLS number
OC25229290
Home ConditionGood
Features
Good View: Pool
Patio
ViewPool

About this home

Rare Opportunity! Los Caballeros Duplex-Style Unit – Live, Rent, and Enjoy Resort Style Living. Los Caballeros duplex-style units are a rare find offering all the benefits of a dual-income investment property, but at a fraction of the cost of a traditional duplex, this unique home presents an unparalleled opportunity. Located in a resort-style gated community setting where residents enjoy a variety of exceptional amenities including pools, spas, covered parking, BBQs, night guard and much more. Whether you're looking to live in one unit and rent the other, or simply enjoy the lifestyle while earning consistent rental income, this property delivers. The first unit offers a spacious 2 bed / 2 bath layout that includes a full-size laundry room and a private patio. The second unit offers private entry to a spacious 1 bed / 1 bath. This property overlooks one of the largest sports club facility in So Cal where members have access to a heated year round Olympic-sized pool, tennis courts, pickleball courts, racquetball courts, fitness center and classes, basketball, volleyball, and so much more. Act fast—this opportunity won’t last long!

Condition Rating
Good

The property, built in 1983, features a recently updated kitchen with modern wood cabinetry, light-colored granite/quartz countertops, stainless steel appliances, and new-looking hardwood flooring. This significant renovation in a key area suggests the property has undergone extensive updates within the last 5-15 years, aligning with the 'Good' condition criteria. While bathroom images are not provided, the high quality of the kitchen renovation indicates a move-in ready condition with modern aesthetics in at least one major area. The community amenities also appear well-maintained.
Pros & Cons

Pros

Dual-Income Investment Potential: This unique duplex-style condominium offers two separate units (2 bed/2 bath and 1 bed/1 bath with private entry), providing significant flexibility for owner-occupancy with rental income or a pure investment strategy.
Exceptional Resort-Style Amenities: The gated community provides a luxurious lifestyle with a variety of amenities including pools, spas, covered parking, BBQs, and a night guard, enhancing security and resident experience.
Premier Sports Club Access: Residents gain access to one of Southern California's largest sports clubs, featuring a heated Olympic-sized pool, tennis courts, pickleball courts, a fitness center, and numerous other sports facilities.
Flexible Living Arrangements: The property allows for versatile living, enabling an owner to reside in one unit while generating consistent rental income from the other, or to rent out both units.
Desirable Fountain Valley Location: Situated in Fountain Valley, a well-regarded Orange County city, the property benefits from strong rental demand and a stable real estate market.

Cons

High Monthly Association Fees: The substantial monthly association fee of $567.11 adds significantly to the overall cost of ownership, which could impact affordability for some buyers.
Condominium Ownership Limitations: Despite its duplex-style layout, the property is a condominium, meaning owners are subject to HOA rules, potential special assessments, and less autonomy over property modifications compared to a traditional duplex.
Potential for Age-Related Updates: Built in 1983, the property is over 40 years old, and while not explicitly stated, may require updates to interior finishes or major systems to meet modern aesthetic and functional standards.

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