CA > Huntington Beach
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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John Herkenrath

John Herkenrath

+1(310) 221-2910
$1,950,000
Est. payment /mo
10 Beds
10 Baths
4,734 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,734 sqft

Price per Sqft $411

MLS Listing ID 25560001

Bedrooms 10

HOA Y/N No

Year Built 1964

Lot Size 10,471 Sqft

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 15 - West Huntington Beach

Interior

Fireplace No

Appliance Refrigerator

Exterior

Garage Spaces 5.0

Garage Description 5.0

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 16523227

Special Listing Condition Standard

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CRMLS – RECore
Listed by Kamfar Kyle Mirrafati Matthews Real Estate Investment Services
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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