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Listed by Rick Applebaum • Morgan Skenderian
$ 3,425,000
Est. payment /mo
Pending
219 10th Street Seal Beach, CA 90740
5,394 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 5,394 sqft
Price per Sqft $634
Subdivision Old Town
MLS Listing ID PW-25052344
Year Built 1963
Lot Size 5,873 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
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Flooring Vinyl
Laundry Community
Exterior
Parking Features Gated
Pool None
Community Features Biking, Dog Park, Park, Sidewalks
Building
Lot Description Rectangular Lot
Sewer Public Sewer