$5,000,000
SOLD JUL 10, 2025

1102 Central Ave Seal Beach, CA 90740

17 Beds
13 Baths
8,923 Sq Ft
9,191 Sq Ft Lot

Recently Sold

$560 Per Sq Ft

15% Below List Price

111 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Radiant Heating System
  • J. H. Mcgaugh Elementary School Rated A

About This Home

As of July 2025

PRICE IMPROVEMENT! 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.

Don’t miss out on this rare opportunity to own a pride of ownership asset in one of Southern California’s most sought-after beach communities.

Last Agent to Sell the Property

Spencer Pabst

Pabst, Kinney & Associates Brokerage Phone: 562-884-6875 License #01849377 Listed on: 02/26/2025

Last Buyer's Agent

Spencer Pabst

Pabst, Kinney & Associates Brokerage Phone: 562-884-6875 License #01849377 Listed on: 02/26/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 9,191 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Rectangular Lot
  • 19907226

Parking

  • 9 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 8,923 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 13 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 48 / 11
  • Tax Tract Number 115
  • Assessor Parcel Number 19907225

Community Details

Overview

  • 2 Buildings
  • 9 Units
  • Old Town Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 11 Separate Electric Meters
  • 2 Separate Water Meters
  • Gross Income $265
  • Net Operating Income $276,185

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

9

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Old Town (OLDT)
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 19907225
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 560.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 19907226
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot
  • Lot Size Sq Ft: 9191.00
  • Lot Size Acres: 0.2110

Rental Info

  • Garage Rental Rate: 100.00

Multi Family

  • Gross Income: 265.00
  • Gross Scheduled Income: 276185.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 165.00
  • Lot Size Area: 9191.0000 Square Feet
  • Net Operating Income: 276185.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 8
  • Number Of Units Total: 9
  • Rent Control: No
  • Total Actual Rent: 23015.00

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 995.11
  • Tax Lot: 48
  • Tax Tract Number: 115

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
07/10/2025 07/10/25 Sold $5,000,000 -9.0% $560 / Sq Ft
04/22/2025 04/22/25 Price Changed $5,495,000 -6.1% $616 / Sq Ft
02/26/2025 02/26/25 For Sale $5,850,000 -- $656 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $3,200 $145,562 $41,222 $104,340
2024 $3,200 $142,708 $40,413 $102,295
2023 $3,103 $139,910 $39,620 $100,290
2022 $3,032 $137,167 $38,843 $98,324
2021 $2,957 $134,478 $38,081 $96,397
2020 $2,922 $133,100 $37,691 $95,409
2019 $2,845 $130,491 $36,952 $93,539
2018 $2,740 $127,933 $36,228 $91,705
2017 $2,674 $125,425 $35,518 $89,907
2016 $2,615 $122,966 $34,821 $88,145
2015 $2,563 $121,119 $34,298 $86,821
2014 $2,494 $118,747 $33,626 $85,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25042318

California Regional Multiple Listing Service (CRMLS)