112 4th Street, Seal Beach, CA 90740
  • MLS#: PW25134854 ( Commercial/Residential )
  • Street Address: 112 4th Street
  • Viewed: 2
  • Price: $3,999,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1952
  • Bldg sqft: 0
  • Days On Market: 32
  • Additional Information
  • County: ORANGE
  • City: Seal Beach
  • Zipcode: 90740
  • Subdivision: Old Town (oldt)
  • Provided by: Compass
  • Contact: Kim Kim
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    A rare find in a beach community... 6 units on a huge lot.... just steps from the sand......in the vibrant Old Town area of Seal Beach, this rare multi unit property presents a compelling opportunity for investors seeking stable income in a premier coastal location. Spanning an oversized 2.5 lots (approx. 7,312 sq ft), the property includes two separate buildings with five 1 bedroom units and one studiooffering flexibility and strong rental appeal in a high demand area. Each unit is currently occupied, with tenants enjoying shared laundry facilities and open outdoor common areas. Five alley access garages provide secure parking or potential for additional rental income. The front building has 2 units, one large unit up and one large unit down. Both units have washer and dryer hookups. Rear building has 2 units up and 2 units down. Ideally located just blocks from Main Streets shops, dining, and the ocean, this property offers long term value and consistent performance in one of Southern Californias most desirable beachside communities. Explore the endless possibilities... convert the front units into a home and enjoy the added rental income from the units in back, add and additional adu, live in one unit and rent the others to assist with the payment, so many opportunities! (always check in with the city on zoning) A rare find for 1031 exchange buyers too or perhaps the portfolio investors looking to add a well located, income producing asset in an exceptional coastal community.
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Features
Appliances
  1. Dishwasher
  2. Disposal
Building Area Total
  1. 3538.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. None
Country
  1. US
Electric Expense
  1. 2214.00
Entry Location
  1. Ground level with steps
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Rental Rate
  1. 300.00
Garage Spaces
  1. 5.00
Gardner Expense
  1. 3695.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 2947.00
Laundry Features
  1. Community
  2. Gas Dryer Hookup
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 0.00
Parcel Number
  1. 19914808
Pool Features
  1. None
Postalcodeplus4
  1. 6011
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 441042276:CRM
Subdivision Name Other
  1. Old Town (OLDT)
Totalactualrent
  1. 12450.00
Totalexpenses
  1. 0.00
Trash Expense
  1. 1656.00
Water Sewer Expense
  1. 2850.00
Water Source
  1. Public
Year Built
  1. 1952
Year Built Source
  1. Public Records