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1521 Marine , Seal Beach, CA 90740
Priced at Only: $2,000,000
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Address: 1521 Marine , Seal Beach, CA 90740
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  • MLS#: SB26071264 ( Quadruplex )
  • Street Address: 1521 Marine
  • Viewed: 5
  • Price: $2,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 5
  • Additional Information
  • County: ORANGE
  • City: Seal Beach
  • Zipcode: 90740
  • Subdivision: Old Town (oldt)
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: Brett Brett
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Located on a small, quiet residential street in Seal Beach, 1521 Marine Ave presents a well positioned 4 unit multifamily opportunity just three blocks from the beach and less than half a mile from the retail and dining along Main Street. The property consists of one 1 bedroom / 1 bath unit and three studio units, totaling approximately 2,400 square feet of rentable space on a 2,178 square foot lot. The asset offers strong current income with clear rental upside as units trend toward market levels. Additional improvements include a detached 2 car garage with on site laundry, along with a detached storage structure featuring a fireplace, providing added utility and flexibility. With its premier coastal location, quiet neighborhood setting, and proximity to local amenities, the property benefits from consistent tenant demand. This offering presents an attractive opportunity for investors seeking stable income and long term appreciation in a highly desirable, supply constrained beachside submarket.
Features
Building Area Total
  1. 2400.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 0.00
Entry Location
  1. Front
Fuel Expense
  1. 0.00
Garage Spaces
  1. 2.00
Gardner Expense
  1. 1200.00
Insurance Expense
  1. 3600.00
Laundry Features
  1. Community
Levels
  1. Two
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 55117.00
Newtaxesexpense
  1. 24289.00
Otherexpense
  1. 3400.00
Otherexpensedescription
  1. Utility
Parcel Number
  1. 19908308
Parking Features
  1. Garage Faces Front
Pool Features
  1. None
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 459880311:CRM
Subdivision Name Other
  1. Bridgeport/Seal Beach (BPS)
Totalactualrent
  1. 7850.00
Totalexpenses
  1. 36257.00
Trash Expense
  1. 0.00
Vacancyallowance
  1. 2826
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1950
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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