Contact Xavier Gomez
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1603 Electric Avenue, Seal Beach, CA 90740
Priced at Only: $3,925,000
For more Information Call
Mobile: 714.478.6676
Address: 1603 Electric Avenue, Seal Beach, CA 90740
Property Photos

Property Location and Similar Properties
- MLS#: PW25233539 ( Commercial/Residential )
- Street Address: 1603 Electric Avenue
- Viewed: 6
- Price: $3,925,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1940
- Bldg sqft: 0
- Days On Market: 10
- Additional Information
- County: ORANGE
- City: Seal Beach
- Zipcode: 90740
- Subdivision: Old Town (oldt)
- Provided by: Compass
- Contact: Janet Janet
- DMCA Notice
-
DescriptionA charming 7 unit rental building nestled on two parcels in the heart of Seal Beach's vibrant Old Town. Offering unique historic charm, this coveted neighborhood is conveniently located near the Pier, Downtown Shopping & Restaurants. The special events of Seal Beach including the Christmas Parade, Car Show, Summer Concerts and more are a constant draw for existing and prospective tenants. Additionally alluring is the park/greenbelt in the center median facing the property. Originally constructed in 1939 and beautifully renovated in 2017, this multi family property features seven thoughtfully upgraded units. Featured in the remodel was new plumbing, electrical, roof, heating, drywall, windows & doors. Interiors were also newly equipped with kitchens and baths as well as new flooring, paint and light fixtures throughout. Each unit features recessed lighting, ceiling fans, and are TV/HDMI and internet ready. The property includes a laundry facility for convenient use By the tenants. This is a humble, yet trophy property for your investment property portfolio. Seal Beach is coveted by many and unique opportunities such as this are rare.
Features
Additional Parcels Description
- 19906425
Appliances
- Dishwasher
- Electric Oven
- Gas Range
- Microwave
- Refrigerator
- Water Heater Central
Architectural Style
- Cottage
Assessments
- Unknown
Association Fee
- 0.00
Building Area Total
- 3089.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Construction Materials
- Stucco
Cooling
- None
Country
- US
Direction Faces
- West
Electric Expense
- 1000.00
Fencing
- Good Condition
Fireplace Features
- None
Flooring
- Laminate
- Tile
- Wood
Fuel Expense
- 0.00
Garage Spaces
- 4.00
Gardner Expense
- 1600.00
Heating
- Electric
- Wall Furnace
Insurance Expense
- 1000.00
Interior Features
- Ceiling Fan(s)
- Granite Counters
- Open Floorplan
- Recessed Lighting
- Stone Counters
Laundry Equipment Own Lease
- Lease
Laundry Features
- Community
- Individual Room
Laundry Income
- 1800.00
Levels
- One
Lockboxtype
- None
Lot Features
- Front Yard
- Landscaped
- Level with Street
- Near Public Transit
- Park Nearby
- Sprinkler System
- Walkstreet
Netoperatingincome
- 206100.00
Parcel Number
- 19906424
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Commercial/Residential
Property Condition
- Updated/Remodeled
Road Frontage Type
- City Street
Road Surface Type
- Paved
Roof
- Composition
Security Features
- Carbon Monoxide Detector(s)
- Smoke Detector(s)
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 448640385:CRM
Spa Features
- None
Subdivision Name Other
- Old Town (OLDT)
Taxblock
- 219
Tenant Pays
- All Utilities
Totalactualrent
- 17500.00
Totalexpenses
- 3900.00
Trash Expense
- 0.00
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
View
- City Lights
- Neighborhood
- Park/Greenbelt
Water Sewer Expense
- 300.00
Water Source
- Public
Window Features
- Double Pane Windows
Year Built
- 1940
Year Built Source
- Assessor

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com