8883 La Paloma, Fountain Valley, California 92708, Fountain Valley, 92708 - 3 bed, 3 bath
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Fountain Valley, California 92708
This Multi-Generational Residential Asset is a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,407,375 Fair Market Value by 0.59%. This property offers $8,375 in Instant Equity. Featuring a 4-bedroom, 3-bathroom layout with a private-entry studio, the home maintains a Condition Rating of 4, providing a solid foundation for modernization. Located in a district with Top-Rated Schools (9/10 and 10/10), it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living and rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8883 La Paloma Subject | $1,399,000* List Price | 3 | 3 | 1,912 | $736 | - |
A 17441 Ash Street Sold | $1,429,000 | 4 | 2 | 1,935 | $739 | 0.6 mi |
B 17588 Santa Paula Sold | $1,360,000 | 4 | 2 | 1,684 | $808 | 0.5 mi |
C 17475 Santa Lucia Street Sold | $1,350,000 | 4 | 3 | 1,795 | $752 | 0.4 mi |
D 16805 Redwood Street Sold | $1,609,000 | 4 | 3 | 1,936 | $831 | 0.9 mi |
E 9080 La Casita Active Under Contract | $1,200,000 List Price | 3 | 2 | 1,355 | $886 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this 60-year-old property shows signs of partial updates, such as the tiled shower, but the overall exterior and age of the structure suggest that major systems and general finishes are likely over 20 years old. It appears functional and move-in ready but dated, requiring minor repairs and modernization to meet current market standards.
Elementary School: Tamura (Hisamatsu) Elementary School (9/10). Middle School: Fulton (Harry C.) Middle School (10/10). High School: Fountain Valley High School (9/10).
The property features a versatile floor plan with a separate upstairs studio-style suite and private entrance, providing excellent potential for rental income or guest accommodations.
Located within the highly-rated Fountain Valley school district, the home is served by schools with exceptional ratings of 9 and 10, ensuring long-term property value.
The property lacks any significant views, which may be a disadvantage for buyers seeking a more picturesque or elevated setting.
Built in 1964, the home may require updates to its original systems and cosmetic finishes to meet the expectations of modern luxury buyers.
Beautiful Fountain Valley home featuring 4 bedrooms and 3 bathrooms with a versatile multi-generational layout. Main level offers 3 bedrooms and 2 bathrooms, while the upstairs studio-style suite includes 1 bedroom, 1 bathroom, and a separate private entrance — ideal for in-laws, guests, or rental income potential. Conveniently located near shopping, dining, parks, and award-winning schools. A rare opportunity with flexible living options and income potential.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 27% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,912 | 1,936 | 40% |
| Lot Size | 7,254 | 7,198 | 75% |
| Price | $1.40M | $1.55M | 30% |
| Price per sq ft | $732 | $737 | 46% |
| Built year | 1964 | 1969 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 101 | 9% |
May 14, 2026
$1,399,000
Initial Listing