Browse All Fountain Valley CA Multi-Family Properties for Sale

PW26195550 MLS ⋅ Coming Soon Status

Imagine owning a home where rental income helps offset your monthly housing expenses while you build equity. That is exactly what this rare duplex-style condo in Fountain Valley has offered its current owners. Featuring two side-by-side residences with private entrances, the property offers a combined 3 bedrooms, 3 bathrooms, and approximately 1,610 square feet. Live in one and rent the other, or explore the potential of renting both, all with one APN, one tax bill, and one HOA fee. Unit 204A offers approximately 1,040 square feet with 2 bedrooms, 2 bathrooms, an open-concept living area, in-unit laundry, and a full appliance package. Recent improvements include updated laminate flooring, an upgraded mini-split system, refreshed kitchen cabinets, and recessed lighting. Unit 204B offers approximately 570 square feet with 1 bedroom, 1 bathroom, its own upgraded mini-split system, and a beautifully remodeled kitchen completed in November 2024. The 1-bedroom unit is currently rented for **$2,350 per month**, while the 2-bedroom unit was most recently rented for **$2,895 per month in 2024**, both including utilities. Together, those rents total **$5,245 per month** when both units are rented. Utilities are not separately metered. Located next to the Los Cab Sports Complex, this property places an active lifestyle right outside your door. The private sports club offers an Olympic-size pool, fitness center, group fitness classes, tennis, pickleball, racquetball, squash, handball, and more, along with a café and wellness amenities. Club access is subject to membership. The gated residential community also features pools, spas, BBQ areas, and ample open parking, plus one assigned, covered parking space. Whether you are looking to create your own house-hacking opportunity or add a flexible income-producing property to your portfolio, this unique condo offers a compelling combination of lifestyle and investment potential.

17200 Newhope Unit 204, Fountain Valley

$2,350,000

OC26187316 MLS ⋅ Active Status

Rare opportunity to acquire a fully renovated, turnkey four-unit investment property in the heart of Fountain Valley. Offering approximately 4,500 square feet of living area, the property features an exceptional unit mix of two spacious 3-bedroom, 2-bath residences and two 2-bedroom, 2-bath residences. All four units have been extensively renovated with updated kitchens, beautifully finished bathrooms, modern flooring, fixtures, and contemporary finishes throughout. Each unit also features its own individual washer and dryer, adding convenience for tenants and further enhancing rental appeal. The property also features a new roof and a fully remodeled exterior, including upgraded landscaping and new artificial turf designed for attractive, low-maintenance ownership. The improvements and additional living area have been completed with permits, creating a highly desirable approximately 10-bedroom, 8-bath configuration. Pro forma rents of $4,250 for each 3-bedroom unit and $3,500 for each 2-bedroom unit generate approximately $15,500 in monthly Gross Scheduled Income and $186,000 in annual GSI. With strong Fountain Valley rental demand, an unusually desirable mix of larger two- and three-bedroom units, extensive interior and exterior improvements, in-unit laundry for every residence, and turnkey condition throughout, this property offers an excellent opportunity for an investor seeking strong income potential with minimal near-term capital expenditures.

16402 San Jacinto, Fountain Valley

$745,000

OC26077528 MLS ⋅ Active Status

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.

17200 Newhope Unit 23, Fountain Valley

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Fountain Valley Multi-Family Real Estate

Our website features the best real estate search for multi-family properties available in Fountain Valley and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!