Active
17431 Koledo Lane
Huntington Beach CA, 92647
$1,899,000
$401.14 per sqft
Active
4,734 sqft
Multi-family
Built in 1964
Listed by Lily Nguyen with Berkshire Hathaway HomeService 949-524-9290
HUGE PRICE IMPROVEMENT! Don't miss this incredible opportunity to own a large 5-unit property on a sprawling 10,472 square foot lot in desirable Huntington Beach. This property is brimming with potential and just needs a little TLC to shine. Each unit offers 2 bedrooms and 2 bathrooms, plus a 1-car garage, providing an ideal unit mix for easy rentals.
The property is thoughtfully laid out with a 4-plex setup, featuring two downstairs units and two upstairs units, while the 5th unit is situated above the garages on the far side of the property. These spacious 2 bedroom, 2 bathroom units are highly sought-after, making them a breeze to rent out. Currently, all rents are well below market value, presenting a fantastic opportunity for increased rental income.
Additionally, there is a shared laundry room adjacent to the row of garages, equipped with coin-operated machines that generate extra income for the owner. Each unit includes one garage parking space, as well as one assigned parking space in the parking lot, ensuring ample parking for tenants.
Located in a prime area, this property offers easy access to top-rated schools, shopping centers, freeways, airports, and stunning beaches. This is the investment deal you've been waiting for - an exceptional property in a fantastic location with tremendous potential for rental income growth.
Act fast, as this gem won't last long!
OC24158824
MLSⓇ ID
August 2, 2024
Listed
November 22, 2024
Updated
Map
17431 Koledo Lane
Huntington Beach CA, 92647
Interior Features
Total Stories
2
Laundry Description
Common Area, Laundry Room
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.24 Acres
Lot Features
2-5 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
17 - Northwest Huntington Beach
Days on Market
11
Association Fee
$470
Garage
Yes
Garage Spaces
5
Parking Total
5
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing Contact: 888-995-7575
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 7:03 PM UTC