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!
5,394 Sq Ft
5,873 Sq Ft Exterior Space
Apartment
Built in 1963
MLS/Listing ID PW25052344
2 Stories
7 Units
Lot - Rectangular Lot
Listing Courtesy of MORGAN SKENDERIAN, RICK APPLEBAUM
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE