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17441 Koledo Ln
Huntington Beach, CA 92647
Multifamily Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 4,500 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964
Parking Ratio 2.22/1,000 SF
Zoning R3, Huntington Beach

AMENITIES

UNIT AMENITIES

  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Heating
  • Ceiling Fans
  • Double Vanities
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Oven
  • Range
  • Deck
  • Double Pane Windows
  • Vinyl Flooring
  • Window Coverings

SITE AMENITIES

  • Courtyard
  • Laundry Facilities
  • Gas Range

ABOUT 17441 KOLEDO LN , HUNTINGTON BEACH, CA 92647

The Bridge Multifamily Team at Cushman & Wakefield is pleased to present this 5 unit multifamily property located in the City of Huntington Beach. The property is 100% 2 Bed / 2 Bath on a nicely landscaped corner lot. The property has nice curb appeal and has undergone a recent exterior and interior renovation. The building was built in 1964 and has had many recent upgrades including new decking, windows, exterior stucco and paint. Eighty percent of the interiors have been renovated with new vinyl plank flooring, counter tops, refaced cabinets, kitchen sink, bathroom vanities, lighting, and interior paint. The laundry room is brand new with property owned washers/dryers, along with a new central water heater. The building is separately metered for gas and electric. There is ample parking including 2 spots per unit, five of which are garages. The property is part of the Koledo Lane owner’s association, which pays for landscaping and trash. This property is in an solid Huntington Beach rental location right near major retail, educational, and employment opportunities. The property is conveniently located close to CA-405 Freeway, which allows tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well maintained apartment community with exceptional value-add upside in a premier location within the city. Given the strength of the overall apartment market within the city of Huntington Beach, the property offers an investor the ability to capture quality tenants seeking a good neighborhood with convenient access to a wide variety of activities, transportation and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at the property.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 5 $1,800 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
165-232-28
Land Assessment
$1,137,829
Improvements Assessment
$398,238
Total Assessment
$1,536,067
  • Listing ID: 16150099

  • Date on Market: 5/24/2019

  • Last Updated:

  • Address: 17441 Koledo Ln, Huntington Beach, CA 92647

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