$1,899,000
For Sale

17431 Koledo Lane

Huntington Beach, CA 92647
0.24 acres | #OC24158824
Listing OfficeBerkshire Hathaway HomeService
Browse 36 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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!

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories2
    • Measurements
      • Acres0.2404
    • Parking
      • Parking Spaces5
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1964
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Subdivision, Other
    • Location
      • CountyOrange
  • Financial Details
      • Original List Price$1,899,000
    • HOA
      • Hoa Fees470
  • Other
      • MLS #OC24158824

Location

Beach City BrokersReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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