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Listed by Janet Irwin • Compass
$ 3,925,000
Est. payment /mo
Active
1603 1605 Electric AVE Seal Beach, CA 90740
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25233539
Style Cottage
Year Built 1940
Lot Size 6,098 Sqft
Source California Regional MLS
Property Description
A charming 7-unit rental building nestled on two parcels in the heart of Seal Beach's vibrant Old Town. Offering unique historic charm, this coveted neighborhood is conveniently located near the Pier, Downtown Shopping & Restaurants. The special events of Seal Beach including the Christmas Parade, Car Show, Summer Concerts and more are a constant draw for existing and prospective tenants. Additionally alluring is the park/greenbelt in the center median facing the property. Originally constructed in 1939 and beautifully renovated in 2017, this multi-family property features seven thoughtfully upgraded units. Featured in the remodel was new plumbing, electrical, roof, heating, drywall, windows & doors. Interiors were also newly equipped with kitchens and baths as well as new flooring, paint and light fixtures throughout. Each unit features recessed lighting, ceiling fans, and are TV/HDMI and internet-ready. The property includes a laundry facility for convenient use By the tenants. This is a humble, yet trophy property for your investment property portfolio. Seal Beach is coveted by many and unique opportunities such as this are rare.
Location
State CA
County Orange
Area 1A - Seal Beach
Rooms
Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric
Interior
Heating Wall Furnace , Electric
Cooling None
Flooring Laminate
Laundry In Laundry Room, Washer/Dryer - Leased, Community Facility
Exterior
Garage Spaces 4.0
Pool 31, None
View Greenbelt, Local/Neighborhood, City Lights
Roof Type Composition
Building
Lot Description Grade - Level
Story One Story
Water Hot Water, District - Public
Architectural Style Cottage
Others
Tax ID 19906424
Special Listing Condition Not Applicable
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