1101 1103 Ocean Avenue, Seal Beach, CA 90740

$2,583,750
Sold Price
$2,583,750
List Price
$2,995,000
Closing Date
May 13, 2021
Status
CLOSED
MLS#
OC21080181
Year Built
1947
Lot Size
5,663
Acres
0.13
Lot Location
Corner Lot, Landscaped, Level
Days on Market
7
Property Type
Multifamily
Stories
Two Levels

Property Description

1101 - 1103 Ocean Avenue is a 6-unit multifamily investment property located in Seal Beach, a premier coastal rental market in Orange County. Built in 1947 and 1965, the property sits on a spacious double lot and consists of 4, 1 bed/1 bath units, 1, 2 bed/1.5 bath townhome unit, and 1, 2 bed/2 bath unit with an office. 1101 - 1103 Ocean Avenue offers amenities including uncovered, carport, and garage parking, patios, and on-site laundry. Current ownership has recently partially renovated the property with upgrades including new hardwood flooring and windows. 1101 - 1103 Ocean Avenue offers residents an unrivaled location just moments away from the beach and the Seal Beach Pier.

Additional Information

Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
6
Gross Scheduled Income
$114,600
Operating Expense
51780

Listing courtesy of Listing Agent: Kurt Hediger (khediger@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.

Listing sold by Dale Thayer from West Coast Realty Services Inc

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.