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Seal Beach,CA 90740
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Old Town (Oldt)
MLS Listing ID PW25052344
Year Built 1963
Lot Size 5,871 Sqft
Property Sub-Type Apartment
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. Don't miss out on this exceptional investment in a highly desirable location!
Location
State CA
County Orange
Area 1A - Seal Beach
Interior
Heating Wall Furnace
Flooring Vinyl
Laundry Common Area
Exterior
Pool None
Community Features Biking,Dog Park,Park,Sidewalks
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard