2-Unit Multifamily
17200 Newhope, Fountain Valley, CA 92708
For Sale
Contact for pricing
An end-unit configuration provides separate living areas, including a third-floor residence with private entry.
Property Size1,920 SF
Price / SF$416.61
Days on Market37
Property Features for 17200 Newhope
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
in-unit laundry room
balcony
Listing Agency:
Re/Max Premier Realty
Listed By:
Sandy Kedhar · License CA #00884504
Source:
Crexi
Added: Oct 9
Changed: Nov 9
Last Checked: Nov 12 at 5:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Premier Realty
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Investment Insights
Based on property information with market context.
This 1,920-square-foot multifamily condominium is arranged as two separate residences with a combined three bedrooms and three bathrooms. The lower residence has an open living area, an updated kitchen with new appliances and fixtures, two bedrooms, and an in-unit laundry room with storage. Its primary bedroom includes an en suite bath and a balcony overlooking the courtyard, spa, and fountain. The upper residence occupies the third floor and has a private entrance, one bedroom, one bathroom, and a walk-in closet. Its bathroom includes a soaking tub, separate shower, and dual vanity.
The property is an end unit within the gated Los Caballeros Sports Village community in Fountain Valley. The two-residence layout supports separate occupancy or use as a combined home.
The property is an end unit within the gated Los Caballeros Sports Village community in Fountain Valley. The two-residence layout supports separate occupancy or use as a combined home.
Key Highlights
- 1,920‑square‑foot end‑unit multifamily condominium
- Two residences with a combined 3 bedrooms and 3 bathrooms
- Upper residence occupies the third floor and has a private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,647
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$732,940
$732.9K
Cap Rate 7%
$523,529
$523.5K
Cap Rate 9%
$407,189
$407.2K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$69.1K $36.00/SF
− Vacancy
−$2.5K −$1.30/SF
EGI
$66.6K $34.70/SF
− OpEx
−$30.0K −$15.62/SF
NOI
$36.6K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$732,940
Cap Rate 7%
$523,529
Cap Rate 9%
$407,189
Alternative Uses
Best Use
Apartment 5plus
$523.5K
$458.1K – $610.8K
NOI $36,647 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$644.9K
$564.3K – $752.4K
NOI $45,142 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,635
Businesses Nearby
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Business Placement
Demographics for 92708, CA
57,192
Population
19,250
Households
3
Avg Household Size
45
Median Age
45%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
6,285
Density / Sq Mi
$111,797
Median Household Income
$51,944
Median Earnings
$2,507
Median Rent
$1,018,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Orange County, CA
Properties on Market for Multifamily properties in Orange County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - An end-unit configuration provides separate living areas, including a third-floor residence with private entry.
Where is this multifamily property located?
The property is located at 17200 Newhope Fountain Valley, CA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 1,920‑square‑foot end‑unit multifamily condominium; Two residences with a combined 3 bedrooms and 3 bathrooms; Upper residence occupies the third floor and has a private entrance
