16402 San Jacinto Street, Fountain Valley, California 92708, Fountain Valley, - bed, bath
ACTIVE$1,600,000
16402 San Jacinto Street, Fountain Valley, California 92708
0Bed
0Bath
3,186Sqft
8,006Lot
Year Built
1964
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25245392
Home ConditionFair
Features
Patio
View-
About this home
Single-story Triplex featuring 3 distinct units. The first unit (front unit) includes 3 bedrooms, 2 bathrooms, a living & dining area with fireplace, a private patio and a 2 car detached garage. The second unit offers 2 bedrooms, 2 bathrooms, a patio and a 2 car detached garage. The third unit has 2 bedrooms, 2 bathrooms, private patio and a 1 car detached garage. The complex also includes a private laundry room. Conveniently located near shopping, schools, restaurants, and major freeways.
Price History
Date
Event
Price
10/24/25
Listing
$1,600,000
Condition Rating
Fair
The property, built in 1964, shows signs of regular maintenance and some updates, such as newer windows, fresh paint, and updated wood-look flooring in living areas and bedrooms. However, the kitchen features dated light wood cabinets and laminate countertops, with an incomplete appliance suite visible. The bathrooms are also quite basic and dated, with older vanities and fiberglass shower stalls. While functional and clean, the key areas like the kitchen and bathrooms would require significant cosmetic updates to meet current buyer expectations and styles, aligning with a property that is aged but maintained with components showing signs of being outdated.
Pros & Cons
Pros
Multi-Unit Income Potential: As a triplex, the property offers diversified rental income streams, appealing to investors seeking consistent cash flow and reduced vacancy risk.
Desirable Unit Mix: Features a 3-bedroom unit and two 2-bedroom units, catering to a broad range of tenant demographics and maximizing occupancy potential.
Individual Unit Amenities: Each unit benefits from a private patio and dedicated detached garage parking, enhancing tenant privacy, convenience, and desirability.
Strategic Location: Situated in Fountain Valley, with convenient access to shopping, schools, restaurants, and major freeways, ensuring strong tenant demand and property value.
Single-Story Configuration: The single-story design offers broad appeal, including accessibility for various tenant groups, and potentially simplifies maintenance and management.
Cons
Property Age & Potential for Deferred Maintenance: Built in 1964, the property likely has original systems and components, which may require significant capital expenditure for updates or repairs in the near future.
Absence of Interior Updates Mentioned: The description lacks details on recent interior renovations, suggesting units may be dated and require modernization to command premium rents and attract high-quality tenants.
Shared Laundry Facility: A single 'private laundry room' for three units implies a shared amenity, which can be less convenient for tenants than in-unit laundry and may lead to increased management demands and wear-and-tear.