1527 Seal Way

    Seal Beach, CA 90740
    • $2,900,000
    • STATUS: Active
    • ON SITE: 369 days
    • ID#: PW18220591
    Price Reduced
    UPDATED: 54 min ago
    $2,900,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,690
      SQFT
    • $1,078
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Location, location, location. LOWEST SOCAL OCEANFRONT APARTMENT OPPORTUNITY! SUBMIT ALL OFFERS! MOTIVATED SELLER! FULLY OCCUPIED! FIRST time on the market in 35+ years! Charming and Rare BEACHFRONT 6 unit Apartment Opportunity! With each unit having an open floor plan with high-end finishes. Rare Opportunity to own five one bedroom/bath and One two bedroom/bath right on the sand. Enjoy the beach lifestyle inside and out. Amazing views in each unit overlooking the beach. Perfect for an investor seeking that pride-of-owner Income Property. Whether HOME, INVESTMENT or COMBINATION this 6 unit property opportunity will not come again....where every day living will feel like you're on vacation! MOTIVATED SELLER! SUBMIT ALL OFFERS!DRIVE BY ONLY! DO NOT DISTURB TENANTS. ALL OFFERS ARE SUBJECT TO INTERIOR INSPECTION.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-15T19:29:13.943. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/87348067

    1527 Seal Way Seal Beach, CA 90740

    • Price: $2,900,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: PW18220591
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,690
    SQFT
    $1,078
    $/SQFT
    1924
    Built
    Neighborhood:
    Old Town (Oldt)
    County:
    Orange
    Area:
    1A - Seal Beach
    Property Description
    Location, location, location. LOWEST SOCAL OCEANFRONT APARTMENT OPPORTUNITY! SUBMIT ALL OFFERS! MOTIVATED SELLER! FULLY OCCUPIED! FIRST time on the market in 35+ years! Charming and Rare BEACHFRONT 6 unit Apartment Opportunity! With each unit having an open floor plan with high-end finishes. Rare Opportunity to own five one bedroom/bath and One two bedroom/bath right on the sand. Enjoy the beach lifestyle inside and out. Amazing views in each unit overlooking the beach. Perfect for an investor seeking that pride-of-owner Income Property. Whether HOME, INVESTMENT or COMBINATION this 6 unit property opportunity will not come again....where every day living will feel like you're on vacation! MOTIVATED SELLER! SUBMIT ALL OFFERS!DRIVE BY ONLY! DO NOT DISTURB TENANTS. ALL OFFERS ARE SUBJECT TO INTERIOR INSPECTION.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Street Parking Total 0.00 Parking YN No Pool Features None Pool Private YN No Property Attached YN Yes View OceanPanoramic View YN Yes Waterfront Features Ocean AccessOcean Front

    Interior Features

    Appliances DishwasherGas Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 500 Average1 Bed Area Units Square Feet Average2 Bed Area 600 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Fireplace Features BathDining RoomFamily RoomKitchenLiving RoomPatioGas Fireplace YN Yes Flooring CarpetVinyl Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Gross Income 133440.00 Gross Scheduled Income 133440.00 Insurance Expense 1863.00 Land Lease YN No Laundry YN No Maintenance Expense 6700.00 Net Operating Income 89817.00 New Construction YN No New Taxes Expense 32000.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Number With Disposal 6 Operating Expense 15615.00 Professional Management Expense 0.00 Property Condition Turnkey Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Old Town (Oldt) Tenant Pays Electricity Total Actual Rent 11120.00 Total Expenses 43623.00 Trash Expense 2880.00 Water Sewer Expense 2880.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Paul Dunlap of Dunlap Property Group. Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-15T19:29:13.943. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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