Seller's Agent in 2025
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
2 in this area
52 Total Sales
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
Pabst, Kinney & Associates Brokerage Phone: 562-884-6875 License #01849377 Listed on: 02/26/2025
Last Buyer's Agent
Pabst, Kinney & Associates Brokerage Phone: 562-884-6875 License #01849377 Listed on: 02/26/2025
| 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 |
| 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 |
Seller's Agent in 2025
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
2 in this area
52 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25042318