Huntington Beach, CA 92647,17431 Koledo Ln
Huntington Beach, CA 92647,17431 Koledo Ln
Huntington Beach, CA 92647,17431 Koledo Ln
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$1,950,000
Est. payment /mo
10 Beds
10 Baths
4,734 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,734 sqft

Price per Sqft $411

MLS Listing ID 25560001

Bedrooms 10

Year Built 1964

Lot Size 10,472 Sqft

Acres 0.2404

Property Sub-Type Multi-Family

Property Description

We are pleased to offer the opportunity to acquire 17431 Koledo Lane, a five-unit value-add apartment building located on a quiet cul-de-sac within a designated Opportunity Zone in Huntington Beach, CA. Built in 1964, this well-maintained property offers a desirable unit mix of five (5) two-bedroom, two-bathroom units with ample parking, including five (5) single-car garages and two (2) surface parking spaces, along with additional community and street parking. Each unit features updated interiors (renovated in 2010 with new flooring, kitchens, and bathrooms), spacious layouts with balconies, abundant natural light, and access to an on-site laundry facility. Each unit is individually metered, with tenants responsible for their own gas and electricity, helping to keep landlord operating expenses low. The owner is only responsible for water and a small HOA fee, which covers trash and landscaping simplifying management while contributing to a comfortable living environment for tenants. With this rare buying opportunity, an investor will have the ability to capture over 15% rental upside by renovating units and leveraging the long-term fundamentals driving demand in the Huntington Beach multifamily market.

Location

State CA

County Orange

Area West Huntington Beach

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Attached

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services

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Kirshner Elkin Properties

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