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17431 Koledo Ln, Huntington Beach, CA 92647
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17431 Koledo Ln Huntington Beach, CA 92647

$1,899,000
  • 10 Beds
  • 10 Baths
  • 4,734 Sq.Ft.
For Sale
$1,899,000 Get Pre-Qualified
Map preview of 17431 Koledo Ln, Huntington Beach, CA 92647

Property Overview: 17431 Koledo Ln Huntington Beach, CA has 10 bedrooms, 10 bathrooms, 4,734 living square feet and 10,472 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Five large 2 Bed/2 Bath multifamily complex with each unit equipped with its own 1 car garage. Four of the units are situated in one building two units downstairs two upstairs with the fifth unit located in a separate building above the garages. Coin operated shared laundry room is located in complex. Monthly $470 HOA fee covers grounds maintenancebuyer to verify. Property is located in Opportunity Zone allowing tax benefits for new owner. Property is close to freeways schools and public transits.

Listed by Lily Nguyen | BRE #01949435 | Berkshire Hathaway HomeService
Last checked: 9 minutes ago | Last updated: March 5th, 2024 | Source CRMLS | DOM: 83
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Home details

Lot Sq. Ft
10,472
HOA Dues
$470/mo
Year built
1964
Garage
5 Car
Property Type:
Mixed Use
Status
Active
MLS#
OC24019873
City
Huntington Beach
County
Orange
Time on Site
96 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,840
  • Total Rent: $1,840
  • Pro Forma/Market Rent: $1,975
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,890
  • Total Rent: $1,890
  • Pro Forma/Market Rent: $1,975
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,030
  • Total Rent: $2,030
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,690
  • Total Rent: $1,690
  • Pro Forma/Market Rent: $1,975
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.52%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $108,080
  • Net Operating Income: $73,225
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $34,255
  • Electric: $374
  • Gas/Fuel: $0
  • New Taxes: $18,487
  • Trash: $0
  • Insurance: $2,420
  • Professional Management: $3,646
  • Water/Sewer: $3,439
  • Other Expenses: $0

Open Houses for 17431 Koledo Ln

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Property Details for 17431 Koledo Ln

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Garage, Garage Faces Rear
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 16523227
  • Year Built Source: Appraiser
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $470 (Frequency Unknown)
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: N/A
  • Directions: Beach Blvd and Slater Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Huntington Beach Agent

Sale History for 17431 Koledo Ln

Last sold for $1,037,000 on May 13th, 2005

  • January, 2024

  • Jan 30, 2024

    Date

    Active

    CRMLS: OC24019873

    $1,899,000

    Price

  • April, 2023

  • Apr 25, 2023

    Date

    Expired

    CRMLS: OC22228901

    $1,950,000

    Price

  • Oct 24, 2022

    Date

    Active

    CRMLS: OC22228901

    $2,099,999

    Price

  • Listing provided courtesy of CRMLS

    HUGE PRICE IMPROVEMENT! Large 5-unit property on a huge 10,472 square foot lot. Each unit is 2 bedrooms, 2 bathrooms, with a 1-car garage. 4 of the units are together in a 4-plex style set-up (two downstairs units and two upstairs units). The 5th unit is up above the garages on the far side of the property. These 2 bedroom / 2 bathroom units are some of the best unit-mixes you can ask for! Such an easy property to keep rented. All rents are well below the current market value. There is also a shared laundry room adjacent to the row of garages. The laundry machines are coin-operated, generating additional income for the owner. This property is in great condition, just waiting for a new owner to take it over! Newer windows and other upgrades throughout. Each of the five units has one garage parking space, PLUS one assigned parking space in the parking lot. What a great location! Easy access to schools, shopping, freeways, airports, beaches, and so much more. This property is also located in an “OPPORTUNITY ZONE” - potentially allowing certain state tax advantages. This is the deal you’ve been waiting for!

  • March, 2022

  • Mar 4, 2022

    Date

    Active

    CRMLS: OC22040409

    $2,200,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all investors! Large 5-unit property on a huge 10,472 square foot lot. Each unit is 2 bedrooms, 2 bathrooms, with a 1-car garage. 4 of the units are together in a 4-plex style set-up (two downstairs units and two upstairs units). The 5th unit is up above the garages on the far side of the property. These 2 bedroom / 2 bathroom units are some of the best unit-mixes you can ask for! Such an easy property to keep rented. All rents are well below the current market value. There is also a shared laundry room adjacent to the row of garages. The laundry machines are coin-operated, generating additional income for the owner. This property is in great condition, just waiting for a new owner to take it over! Newer windows and other upgrades throughout. Each of the five units has one garage parking space, PLUS one assigned parking space in the parking lot. What a great location! Easy access to schools, shopping, freeways, airports, beaches, and so much more. This property is also located in an “OPPORTUNITY ZONE” - potentially allowing certain state tax advantages. This is the deal you’ve been waiting for!

  • September, 2021

  • Sep 10, 2021

    Date

    Expired

    CRMLS: SR21050446

    $1,999,000

    Price

  • Sep 6, 2021

    Date

    Withdrawn

    CRMLS: SR21050446

    $1,999,000

    Price

  • Mar 15, 2021

    Date

    Active

    CRMLS: SR21050446

    $1,999,000

    Price

  • Mar 11, 2021

    Date

    Coming Soon

    CRMLS: SR21050446

    $1,999,000

    Price

  • Listing provided courtesy of CRMLS

    Please Do Not Disturb Tenants!!! Great Investment Location! 4.5 Miles from Bolsa Chica State Beach, and 5 minutes drive to the 405. All 2 Bed Rooms with 2 Bath. Great Rental Area. 5 Garages & 5 Spaces. Permitted 5th Unit & Garage. Separate Meters. The HOA pays for water, trash and sewer for the whole property. Built In 1984 Good Condition! Lovely complex with 2 buildings. Onsite laundry room. Located only four miles from Downtown Huntington Beach, Oak View is a revitalized neighborhood offering affordable to upscale rentals. Filled with small businesses, retail stores, restaurants, skate shops, surf shops, and more, Oak View has everything a renter could need. Residents also have access to several parks including a local favorite, Huntington Beach Park. This inland green space offers a dog park, open fields, trails, two lakes, and more. Living in Oak View allows you to enjoy the town’s laid-back, beach-town vibe without the constant crowds.

  • May, 2005

  • May 13, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,037,000

    Price

  • March, 2004

  • Mar 31, 2004

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

Show More

Tax History for 17431 Koledo Ln

Assessed Value (2020): $1,321,712
Year Land Value Improved Value Assessed Value
2020 $1,073,178 $248,534 $1,321,712

Home Value Compared to the Market

This property vs the competition

17431 Koledo Ln is listed 39.12% higher than the median list price for the city of Huntington Beach which has a median list price of $1,365,000. The median price per/sqft for Huntington Beach is $771 and this home is listed at $401.14 per/sqft which puts the price per square foot 47.97% lower than the median price per square foot for the city of Huntington Beach.

About 17431 Koledo Ln

Detailed summary of property

17431 Koledo Ln is a mixed use located in Huntington Beach, CA 92647 and is currently for sale. This mixed use property offers 10 bedrooms, 10 bathrooms, roughly 4,734 living square feet, and sits on an approximately 10,472 square foot lot. 17431 Koledo Ln was first listed on ArdentRealEstateGroup.com on January 30, 2024. The homeowner is currently asking $1,899,000. The median priced home in Huntington Beach is $1,365,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is listed 39.12% higher than the median priced home. Local competing homes currently for sale include 1535 E 4th St, 1127 Olive Ave and 914 N Loma Vista Dr. This home does have a Homeowners Association and the monthly fee is $470 per month. While the average home in Huntington Beach, CA is selling in 55 days, 17431 Koledo Ln has a days on market of 83 days. There are currently 309 homes for sale in the Huntington Beach real estate market and 204 of them are single family homes while 75 of them are condos and 30 are townhomes. For more information on this home for sale at 17431 Koledo Ln Huntington Beach, CA 92647 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 17431 Koledo Ln

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
3,585
Lot Size
10,472
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
165-232-27

The source for these homes facts are from public records.

92647 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,145,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$776
Total Inventory
50
Median Sale to List Price %
100.01%
Avg Days on Market
10
Loan Type
Conventional (37.93%), FHA (0%), VA (3.45%), Cash (20.69%), Other (37.93%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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