1603 Electric Avenue Seal Beach, CA 90740

$2,399,000
1603 Electric Avenue, Seal Beach, CA 90740
OC18114954

Single Family Home for sale in Seal Beach, CA

for $2,399,000. This home was built in 1940 on a lot size of 3049.00 Sqft..

Property Information

  • $2,399,000
  • Single Family
  • Bungalow
  • Active
  • Lot size of 3049.00 Sqft.
  • Built in 1940
  • Seal Beach, CA
  • Old Town Neighborhood
  • Orange County
  • MLS/Web ID is OC18114954

 Virtual Tour

Description

No expense spared on this fully remodeled, 4 unit adorable beach complex just a few blocks from the crashing waves in Old Town Seal Beach. Great location and opportunity for investors seeking a strong and consistent ROI without the headaches associated with managing older units. This 4 unit complex is to be sold with the adjacent 3 units concurrently to same or different Buyer (1605 Electric Ave, see MLS ID#OC 8). These are (2) individual parcels are separated by a common courtyard, laundry and 4 garages (2 garages for each parcel). The current owner recently took all units down to the studs and painstakingly renovated the entire complex while keeping the charming feel of the original beach bungalows. Recent renovations included electrical, plumbing, roof, heating system, drywall, insulation, windows, doors and landscape. Completely remodeled kitchens with new appliances, quartz counter tops, cabinets, sinks and fixtures. All new bathrooms, toilets, vanities, cabinets, fixtures and tile work. High quality gray laminate flooring throughout plus new paint, light fixtures, garage doors and shared laundry room. Nothing like them in Seal Beach and Units are fully occupied! All financial information in this package represents current leases in place and historical expenses. Financial information and list price in this listing is for 1603 Electric Ave only. These units may be financed separately to take advantage of multi-family interest rates.

Room Information

  • Bedroom
  • Laundry Room
  • Master Bathroom
  • Walk-In Closet

Interior 8

Appliances

  • Dishwasher
  • Disposal
  • Electric Oven
  • Gas Stove
  • Microwave
  • Other
  • Refrigerator

Building Amenities

  • Laundry

Flooring

  • Laminate Flooring
  • Wood Floors

Heating System

  • Electric
  • Other
  • Water Heater

Interior

  • Ceiling Fans
  • Granite Counter Tops
  • Recessed Lighting
  • Stone Counter Tops
  • Tile Counter Tops

Room Features

  • Individual Laundry

Sewer

  • Available

Water Source

  • Public Water

Exterior 7

Construction

  • Stucco

Exterior

  • Double Paned Windows
  • Gutters
  • Sprinkler

Foundation

  • Raised

Garage

  • 2 Car

Land Improvements

  • Curbs
  • Sidewalks
  • Street Lights

Lot Description

  • Green Belt
  • Level/Flat

Roof

  • Composition

Miscellaneous 3

Location

  • Near Park
  • Neighborhood
  • Walking Distance - Public Access

Utilities

  • Water

View

  • Other

† Excluded Feature

Listed By

Broker: FIRST TEAM ESTATES

1603 Electric Avenue, Seal Beach, CA, 90740 is a Single Family Home for sale at $2,399,000 with a lot size of 3049.00 Sqft.. 1603 Electric Avenue has 0.0 baths and was built in 1940. The property's zip code is 90740 which is in Seal Beach, CA

Get More Info – Our Customer Service Center will contact you between 9:00 AM - 10:30 PM EST

Market Pricing

Average % of sale price Median % of sale price
All listings in Seal Beach $688,586 71 % below $397,000 83 % below
Single family listings in Seal Beach $690,616 71 % below $369,900 85 % below

Get the facts about Seal Beach, CA!

Population 24,786
Population Growth (since 2000) 1 %
Median Income $56,702
Median Age 59.67
Households w/ Children 13 %

Residential Dwellings

  • Owned 9946
  • Vacant 1460
  • Rented 3411

Similar Listings

Get More Info – Our Customer Service Center will contact you between 9:00 AM - 10:30 PM EST