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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 7:03 PM UTC

 

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