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Seal Beach, CA 90740,1511 Ocean AVE
$1,160,000
Est. payment /mo
$1,175,000
1.3%
Est.Price: ?

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3,833 Sqft Lot
SOLD DATE : 04/10/2014

Key Details

Sold Price $1,160,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Old Town (Oldt)

MLS Listing ID PW13250804

Year Built 1953

Tax Year 2012

Lot Size 3,833 Sqft

Property Description

This rarely available beach close Triplex is situated on a lot and a half. Ideally built for an owner who seeks to live the beach lifestyle while maintaining a rental income from the property. The Triplex consists of a detached 2 bed, 1 bath beach bungalow in the front with a 1 bed, 1 bath and another 2 bed, 1 bath apartment units in the rear. All of the units offer their own washing machine and dryers in addition to their own dishwashers. The entire building has a newer roof, upgraded electrical and plumbing in addition to double pane vinyl windows. The property offers (2) 1 car garages and another parking space behind the garage doors. Gross annual rental income for this property is $70,200 and each unit has separately metered utilities. Call today for a chance to own this unique beach close income property.

Location

State CA

County Orange

Area 1A - Seal Beach

Interior

Heating Wall Furnace

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Sewer Available

Amenities Available Other

Building

Lot Description Yard

Story 2

Water Public

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nat Ferguson • Ferguson Realty
Bought with Nat Ferguson • Ferguson Realty
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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