17431 Koledo LN Huntington Beach, CA 92647
Active
$1,899,000
5 Units
10 Beds
10 Baths
4,734 Area(sq.ft.)
10,472 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 1,950 | $ 1,950 | $ 2,500 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,152 | $ 2,152 | $ 2,500 |
| Unit 3 | 1 | 2 | 2 | No | $ 2,003 | $ 2,003 | $ 2,500 |
| Unit 4 | 1 | 2 | 2 | No | $ 1,950 | $ 1,950 | $ 2,500 |
| Unit 5 | 1 | 2 | 2 | No | $ 1,897 | $ 1,897 | $ 2,500 |
| 5 | 5 | 10 | 10 | $ 9,952 | $ 9,952 | $ 12,500 |
| MLS #: | OC24158824MR |
| Days On Market: | 0 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 401 |
| Price per unit: | $ 379,800 |
| Year Built: | 1964 |
Property Details
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!Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 34,257 |
| Net Operating Income: | $ 88,167 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Laundry: | Community, Room |
Exterior
| Pool: | No |
Detailed Map
Schools
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Income
