219 10th ST Active

Seal Beach,CA 90740

$ 3425000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25052344

Year Built 1963

Lot Size 5,873 Sqft

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

Laundry Washer/Dryer - Owned,Community Facility

Exterior

Garage Spaces 9.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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