NOT LISTED FOR SALE

1011 Ocean Ave Seal Beach, CA 90740

12 Beds
8 Baths
5,586 Sq Ft
5,663 Sq Ft Lot

Last Sold September 07, 2020

Last sale price $3,587,000 $642 Per Sq Ft

28 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Balcony
  • J. H. Mcgaugh Elementary School Rated A
  • Marble Flooring
  • 3-minute walk to Seal Beach Pier Playground

About This Home

As of September 2020

The building contains all large three bedroom units, two of which are townhouse-style floorplans, adorned with top-of-the-line condominium-quality upgrades. The iconic boutiques, coffeeshops, ice cream parlors, surf shops, and local restaurants that line Main Street in Old Town Seal Beach are just one blockfrom the property, as is the longest pier in the South Bay.A new owner benefits from the thorough remodeling project recently completed at the property, which includes both major systems, such as the brand new roof, upgraded electric panels, and new HVAC units, as well as detailed interior amenities, such as the Carrera marble tile, decorative light fixtures, and high-end cabinetry. With spacious floorplans spanning an average of nearly 1,400 square feet, the units exude a high-end condominium feel. Luxurious lighting in the dining area illuminates large kitchen islands donning built-in ovens, microwaves, and cook tops, all surrounded by custom cabinets and deluxe appliances.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 07/21/2020

Last Buyer's Agent

Terryl Hess

Home Financing Inc License #01900027

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 5,466 Sq Ft Lot
  • Lot Dimensions are 50x110

Parking

  • 8 Car Attached Garage

Home Design

  • Turnkey

Interior Spaces

  • 5,586 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights in Kitchen
  • Recessed Lighting
  • Track Lighting
  • Storage
  • Alarm System
  • Property Views

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Oven
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Remodeled Bathroom
  • 8 Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry closet
  • Washer

Outdoor Features

  • Balcony
  • Front Porch

Utilities

  • Air Conditioning
  • Central Heating
  • Water Purifier

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 199-042-17

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

5,466 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5586
  • Lot Acreage: 0.1300
  • Lot Dimensions: 50x110
  • Stories: 2
  • Year Built: 1973
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Common Walls, Laundry - Closet Stacked, Open Floor Plan, Storage Space, Track Lighting, Turnkey, Recessed Lighting
  • Flooring: Mixed, Tile, Wood, Marble
  • Appliances: Microwave, Oven
  • Bedrooms: 12
  • Bathroom Features: Tile, Granite, Remodeled
  • Kitchen Features: Counter Top, Island, Gourmet Kitchen, Skylight(s), Remodeled, Open to Family Room
  • Laundry: In Unit
  • Total Bathrooms: 8.00
  • Equipment: Ceiling Fan, Alarm System, Microwave, Dishwasher, Gas Or Electric Dryer Hookup, Water Purifier, Water Line to Refrigerator, Refrigerator, Washer, Range/Oven
  • Price Per S Q F T: 715.18

Exterior Features

  • Other Structures: None
  • Patio: Balcony, Porch - Front
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning, Ceiling Fan
  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 71.21
  • Assessed Improvement Value: 183012
  • Assessed Land Percent: 28.79
  • Assessed Land Value: 73996
  • Total Assessed Value: 257008
  • Assessor Parcel Number: 199-042-17
  • Lot Size Area: 5466

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.69
  • Number Of Units: 4
  • Type Of Units: Residential
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2020 09/07/20 Sold $3,587,000 -10.2% $642 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $3,995,000 +59.8% $715 / Sq Ft
08/31/2017 08/31/17 Sold $2,500,000 -16.6% $441 / Sq Ft View Prior Sale
07/01/2017 07/01/17 For Sale $2,999,000 0.0% $529 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $2,999,000 -- $529 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $44,770 $3,882,683 $3,582,361 $300,322
2024 $44,770 $3,806,552 $3,512,118 $294,434
2023 $43,765 $3,731,914 $3,443,253 $288,661
2022 $43,305 $3,658,740 $3,375,739 $283,001
2021 $42,326 $3,587,000 $3,309,548 $277,452
2020 $30,227 $2,480,372 $2,233,588 $246,784
2019 $29,285 $2,431,738 $2,189,792 $241,946
2018 $29,200 $2,500,000 $2,227,533 $272,467
2017 $4,909 $257,008 $73,996 $183,012
2016 $4,795 $251,969 $72,545 $179,424
2015 $4,698 $248,185 $71,456 $176,729
2014 $4,568 $243,324 $70,056 $173,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-607574

The MLS

APN: 199-042-17

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