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Listed by Rick Applebaum • Morgan Skenderian
$ 3,425,000
Est. payment /mo
Active
219 10th Street Seal Beach, CA 90740
5,394 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,394 sqft
Price per Sqft $634
MLS Listing ID CRPW25052344
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1963
Lot Size 5,873 Sqft
Property Sub-Type Other
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
Interior
Heating Wall Furnace
Flooring Vinyl
Fireplace No
Laundry Community Facility
Building
Lot Description Other
Water Public
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