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1102 Central Avenue, Seal Beach, CA 90740
Priced at Only: $5,850,000
For more Information Call Mobile: 714.478.6676
Address: 1102 Central Avenue, Seal Beach, CA 90740
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  • MLS#: PW25042318 ( Apartment )
  • Street Address: 1102 Central Avenue
  • Viewed: 7
  • Price: $5,850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1969
  • Bldg sqft: 0
  • Days On Market: 36
  • Additional Information
  • County: ORANGE
  • City: Seal Beach
  • Zipcode: 90740
  • Subdivision: Old Town (oldt)
  • Provided by: Pabst, Kinney & Associates
  • Contact: Spencer Spencer
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Rare Opportunity in Seal Beach's Coveted Old Towne Pride of Ownership Asset! A rare opportunity to own a truly exceptional, generational pride of ownership property in Old Towne Seal Beach, one of Southern California's most desirable beach communities. Located just two blocks from the Ocean, Seal Beach Pier, and the charming boutiques and cafes of Seal Beach's iconic Main Street, this property offers an unbeatable location. Offered for the first time in over 30 years, the portfolio consists of two separate parcels at 1102 1106 Central Ave. and 144 11th Street, encompassing 8,923 rentable square feet on a 9,191 square foot lot. The property includes 9 well maintained units: (3) 2 Bed | 1.5 Bath Units, (4) 2 Bed | 1 Bath Units, (1) 2 Bed | 2 Bath Unit, (1) 1 Bed | 1 Bath Unit. Additionally, the property features 9 single car garages, providing ample parking and potential for future ADU conversions. The 1102 1106 Central Ave. building consists of 3 units: two spacious 2 bed | 1.5 bath townhouse units (approx. 1,300 sq. ft. each) and a large 2 bed | 1.5 bath unit above the garages. The 144 11th Street building includes 6 units: (4) 2 bed | 1 bath units, (1) 2 bed | 2 bath unit, and (1) 1 bed | 1 bath unit. Both buildings have been meticulously maintained, with a complete re roof in 2021, including new roof drains. With little deferred maintenance, this property offers over 40% upside potential in rental income. Dont miss out on this rare opportunity to own a pride of ownership asset in one of Southern Californias most sought after beach communities.
Features
Additional Parcels Description
  1. 19907226
Building Area Total
  1. 8923.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. None
Country
  1. US
Days On Market
  1. 16
Electric Expense
  1. 0.00
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Rental Rate
  1. 100.00
Garage Spaces
  1. 9.00
Heating
  1. Radiant
Insurance Expense
  1. 0.00
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Community
Laundry Income
  1. 165.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Corner Lot
  2. Rectangular Lot
Netoperatingincome
  1. 276185.00
Number Of Separate Electric Meters
  1. 11
Parcel Number
  1. 19907225
Parking Features
  1. Assigned
Pool Features
  1. None
Postalcodeplus4
  1. 6434
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 432954516:CRM
Subdivision Name Other
  1. Old Town (OLDT)
Taxblock
  1. 11
Totalactualrent
  1. 23015.00
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1969
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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