17431 Koledo Lane

Huntington Beach, CA 92647

$1,899,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1964

calendar_month Built

Property Description

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!

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 17431 Koledo Lane
City Huntington Beach
State CA
Zip 92647
County Orange
Listing Agent Lily Nguyen DRE#01949435
Courtesy Of Berkshire Hathaway HomeService
MLS OC24158824
List Price $1,899,000
HOA $470
Status Active
Type Residential Income
Subtype Mixed Use
Structure Size N/A
Lot Size 10,472
Year Built 1964
DOM 11

Exterior Information

Maps

Listing information courtesy of: Lily Nguyen, Berkshire Hathaway HomeService . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.