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$3,150,000
39 Days On Site
320 7th StreetSeal Beach, CA 90740
For Sale|Apartment|Pending
0
Beds
0
Full Baths
0
Partial Baths
5,014
SqFt
$628
/SqFt
1956
Built
Subdivision:
Old Town (OLDT)
County:
Orange
Listed by W. Kurt Wood of Belmont Brokerage & Mgmt. INC. [email protected]
Call Now: 949-806-4497
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Monthly Payment (Est.)
$14,372Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.
Extremely rare opportunity to own an 8 unit apartment in the highly sought after coastal community of Seal Beach, Orange County. The Seal Beach lifestyle offers award winning school districts and exceptional recreation and life-style opportunities. This equates to a strong rental market. This property has 5 one bedroom/one bath units, 2 two bedroom/1 bath units, and 1 three bedroom/one bath unit. Most tenants are long term residents. Actual rents total $16,899 per month which equals a 15.5 GRM. Potential rents based on the average RentOmeter analysis equals $23,460 per month, for a 11.2 GRM. This could be a potential 38% increase over current rents. The property also has four coveted enclosed garages rented separately.
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Listing Snapshot
Price
$3,150,000
Days On Site
39 Days
Bedrooms
N/A
Inside Area (SqFt)
5,014 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.12 Acres
Year Built
1956
MLS® Number
PW24212470
Status
Pending
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
a month ago | Status changed to Pending | |
a month ago | Listing updated with changes from the MLS® | |
a month ago | Listing first seen on site |
General Features
Acres
0.12
Disclosures
Rent Control
Foundation
Slab
Garage
Yes
Garage Spaces
4
Number Of Stories
2
Parking
Assigned
Parking Spaces
4
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
5014
Stories
Two
Utilities
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
R-3
Interior Features
Fireplace Features
None
Laundry Features
Common Area
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Exterior Features
Construction Details
Stucco
Lot Features
Level
Pool Features
None
Road Frontage
City Street
Roof
Flat
View
None
Waterview
None
Community Features
Building Access
side
Community Features
Suburban
Financing Terms Available
Cash
MLS Area
1A - Seal Beach
Roads
Paved
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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