17431 Koledo Lane, Huntington Beach

$1,899,000

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10

Beds

10

Baths

0.24

Acres

About 17431 Koledo Lane

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!

Features of 17431 Koledo Lane

MLS® # OC24158824
Price $1,899,000
Bedrooms 10
Bathrooms 10.00
Acres 0.24
Year Built 1964
Type Residential Income
Sub-Type Mixed Use
Status Active

Community Information

Address 17431 Koledo Lane
Area 17 - Northwest Huntington Beach
Subdivision Other
City Huntington Beach
County Orange
Zip Code 92647

Amenities

Parking Spaces 5
# of Garages 5
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 2
Stories Two

Exterior

Lot Description TwoToFiveUnitsAcre

Additional Information

Date Listed July 25th, 2024
Days on Market 73
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 470

Listing Details

AgentLily Nguyen
OfficeBerkshire Hathaway HomeService

Listing Map

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