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$ 3,425,000
Est. payment /mo
Sold on 05/06/2025
219 10th ST Seal Beach, CA 90740
UPDATED:
Key Details
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Old Town (Oldt)
MLS Listing ID PW25052344
Year Built 1963
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
Heating Wall Furnace
Flooring Vinyl
Laundry Common Area
Exterior
Pool None
Community Features Biking, Dog Park, Park, Sidewalks
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Rick Applebaum Morgan Skenderian [email protected]
Bought with Cindy Ludwig First Team Real Estate
Bought with Cindy Ludwig First Team Real Estate
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