$3,450,000
$3,425,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
SOLD DATE : 05/06/2025
Key Details
Sold Price $3,450,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Old Town (Oldt)
MLS Listing ID PW25052344
Sold Date 05/06/25
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
Discover a prime investment opportunity with these 7 multifamily units located just one block from Main Street in beautiful Seal Beach. This sought-after location offers easy access to an amazing beach and ocean, vibrant array of restaurants, shops, and the iconic Seal Beach Pier, all within walking distance. Ownership has actively maintained the property and boasts capital improvements that include a recent seismic retrofit of the carports enhancing the structural integrity of the building, SB721 compliance, while also being certified lead-based paint free providing peace of mind for all. With a diverse unit mix of (4) one-bedroom and (3) two-bedroom apartments, plus (9) dedicated parking spaces comprised of carports and open parking, this property is designed for modern living. The projected rental upside of 42% presents a lucrative opportunity for investors looking to maximize returns. Enjoy the benefits of a Walk Score of 92, highlighting the area's walkability, and relish the proximity to the beach, only 2 blocks away. Dont miss out on this exceptional investment in a highly desirable location!
Location
State CA
County Orange
Zoning Assessor
Direction East of Main Street and South of Pacific Coast Highway
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 19904303
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Cindy Ludwig First Team Real Estate

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "