905 Ocean Ave Seal Beach, CA 90740
Active
$2,200,000
3 Units
2 Beds
3 Baths
2,064 Area(sq.ft.)
2,750 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,550 | $ 2,550 | $ 3,500 |
| Unit 2 | 1 | studio | 1 | No | $ 1,438 | $ 1,438 | $ 2,250 |
| Unit 3 | 1 | studio | 1 | No | $ 4,305 | $ 4,305 | $ 5,000 |
| 3 | 3 | 2 | 3 | $ 8,293 | $ 8,293 | $ 10,750 |
| MLS #: | 24-441920 |
| Days On Market: | 48 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,066 |
| Price per unit: | $ 733,333 |
| Year Built: | 1946 |
Property Details
Charming Mixed-Use Property in Seal Beach, CA - First Time on the Market in 25 Years!Presenting 905 Ocean Ave., a unique mixed-use property perfectly positioned in the heart of Seal Beach, CA. This versatile property, built in 1946, offers bothcommercial and residential opportunities, making it an exceptional investment in one of Southern California's most desirable coastal communities.The property features a storefront unit currently occupied by the beloved Bogart's Coffee Shop, a local favorite that has been serving the community from this locationfor over 20 years. Behind the caf, you'll find two well-maintained apartment units, offering a total of 2,064 square feet of living and commercial space spread across twobuildings on a 2,750 square foot lot.This prime location is directly across the street from the iconic Seal Beach Pier, giving it unparalleled visibility and foot traffic, especially with the area's strong touristappeal. The property is also part of Seal Beach's Main Street Specific Plan, which preserves the unique charm of the Old Town corridor, known for its eclectic mix ofshops, restaurants, and entertainment.Additional features include a two-car garage, a convenient laundry room, and the rare distinction of being one of the few buildings in this historic area that faces boththe beach and the ocean. Whether you're looking to continue running it as an income-generating investment property or occupy one of the residential units whileenjoying rental income from the commercial space and the other apartment, this property offers endless possibilities.Priced at $2,200,000, this is a rare opportunity to own a piece of Seal Beach history and become part of a vibrant, thriving community.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Gross Operating Income: | $ 99,516 |
| Total Annual Expense: | $ 36,457 |
| Net Operating Income: | $ 63,059 |
| Gross Annual Income: | $ 99,516 |
| Cap Rate: | 2.87% |
| Gross Rent Multiplier: | 22.11 |
| Actual Gross Rent: | $ 99,516 |
| Actual Gross Income: | $ 99,516 |
| Actual Rent Total: | $ 99,516 |
Structure
| Type of Units: | MF & Retail |
| Buildings: | 2 |
| Levels: | Two |
| Security Features: | None |
| View Description: | Ocean |
Land & Parking
| Zoning: | Main Street Specific Plan |
| Land Lease Type: | Fee |
| Parking Garage: | Garage Is Attached |
Interior
| AC/Cooling: | None |
| Equipment: | None |
| Heating: | None |
| Laundry: | Outside |
| Laundry Equipment: | Own |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
Schools
Find a great school for your child
Income
