1115 Ocean AVE Seal Beach, CA 90740
Active
$2,100,000
3 Units
3 Beds
3 Baths
1,609 Area(sq.ft.)
2,919 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,095 | $ 2,095 | $ 2,200 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,150 | $ 2,150 | $ 2,300 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,990 | $ 2,990 | $ 3,100 |
| 3 | 3 | 3 | 3 | $ 7,235 | $ 7,235 | $ 7,600 |
| MLS #: | PW24235095MR |
| Days On Market: | 3 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,305 |
| Price per unit: | $ 700,000 |
| Year Built: | 1948 |
Property Details
A Rare & Prime Property- 3 Units on Ocean Ave located in Old Town Seal Beach! This charming property is a block to the sand and the Ocean and just a few blocks to Main street where you'll find a variety of great restaurants, shops etc. The Front 1 bedroom/1 bath single level House (spacious at approx 751 sqft) offers a nice sized living room with dining area, large kitchen with eating area, a private laundry room plus a big private rear yard! The Back building has 2 units that each have 1 bedroom/1 bath & share a laundry room & small yard. The Top unit offers a peek-a-boo Ocean View from the spacious patio & from the Living room. Possibility for an additional ADU in the middle of the lot, check with City of Seal Beach to verify!Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 27,500 |
| Net Operating Income: | $ 59,820 |
| Cap Rate: | 2.85% |
Structure
| Community Features: | Street Lights |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Cooking Appliances: | Oven-Gas, Range |
| Equipment: | Laundry Area |
| Heating: | Wall |
| Laundry: | Laundry Area |
Exterior
| Exterior Construction: | Stucco |
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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