$1,160,000
$1,175,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
1511 Ocean AVE Seal Beach, CA 90740
2,500 SqFt
Key Details
Sold Price $1,160,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $464
Subdivision Old Town (Oldt)
MLS Listing ID PW13250804
Sold Date 04/10/14
HOA Y/N No
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
Fireplace No
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Sewer Available
Amenities Available Other
Total Parking Spaces 2
Private Pool No
Building
Lot Description Yard
Story 2
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 19908428
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Nat Ferguson • Ferguson Realty