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17431 Koledo Lane
Huntington Beach, CA 92647
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!
PROPERTY INFORMATION
| MLS # | OC24158824 | Lot Size | 10,472 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 1,899,000
Price Per SqFt: $ 401 |
DOM | 294 Days |
| Address | 17431 Koledo Lane | Type | Residential Income |
| City | Huntington Beach | Sq.Ft. | 4,734 Sq. Ft. |
| Postal Code | 92647 | Garage | 5 |
| County | Orange | Year Built | 1964 |
| Bed / Bath | 10 / 0 | Parking | 5 |
| Built In | 1964 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community, Individual Room |
| EntryLocation | Front |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 80 (Very Walkable)
Transit Score: 35 (Some Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,026
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/02/2024 | Listed | $1,899,000 |
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Listing provided courtesy of Lily Nguyen, Berkshire Hathaway HomeService. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
