10
See all 10 photos
$3,425,000
Est. payment /mo
Active
219 10th ST Seal Beach, CA 90740
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25052344
Originating Board California Regional MLS
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
Tax ID 19904303
Special Listing Condition Not Applicable
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Listed by Rick Applebaum • Morgan Skenderian