Mohr Real Estate Group

Mohr Real Estate Group

17431 Koledo Lane Huntington Beach CA 92647 MLS #OC24158824

17431 Koledo Lane
Huntington Beach, CA, 92647
$1,899,000
Beds
0 Baths
SqFt
0.24 Acres
Add
Add
$1,899,000
17431 Koledo Lane
Huntington Beach, CA, 92647
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Property Description


HUGE PRICE IMPROVEMENT! Don&#39'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&#39've been waiting for – an exceptional property in a fantastic location with tremendous potential for rental income growth.

Act fast, as this gem won&#39't last long!

Property Details

Price:
$1,899,000
MLS #:
OC24158824
Status:
Active
Baths:
0
Address:
17431 Koledo Lane
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
17northwesthuntingtonbeach
City:
Huntington Beach
Listed Date:
Jul 25, 2024
State:
CA
ZIP:
92647
Lot Size:
10,472 sqft / 0.24 acres (approx)
Year Built:
1964

Schools

Interior

Exterior

Community Features
Sidewalks
Garage Spaces
5.00
Lot Features
2-5 Units/ Acre
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Association Fee
470.00
Tenant Pays
Electricity
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17431 Koledo Lane
Huntington Beach, CA
The Mohr Real Estate Group

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