17431 Koledo Lane, Huntington Beach, CA 92647
  • MLS#: OC24158824 ( Commercial/Residential )
  • Street Address: 17431 Koledo Lane
  • Viewed: 1
  • Price: $1,899,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 114
  • Additional Information
  • County: ORANGE
  • City: Huntington Beach
  • Zipcode: 92647
  • Subdivision: Other (othr)
  • Provided by: Berkshire Hathaway HomeService
  • Contact: Lily Lily
  • California Regional MLS IDX
  • DMCA Notice
  • 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!
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Features
Association Fee
  1. 470.00
Building Area Total
  1. 4734.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 238
Electric Expense
  1. 374.00
Entry Location
  1. Front
Fuel Expense
  1. 3757.00
Garage Spaces
  1. 5.00
Insurance Expense
  1. 2420.00
Laundry Features
  1. Community
  2. Individual Room
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 88167.00
Newtaxesexpense
  1. 18487.00
Otherexpense
  1. 133.00
Parcel Number
  1. 16523227
Pool Features
  1. None
Postalcodeplus4
  1. 6773
Professionalmanagementexpense
  1. 5646.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 420177143:CRM
Subdivision Name Other
  1. Other
Tenant Pays
  1. Electricity
Totalexpenses
  1. 34257.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 3439.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor