K
Seller's Agent in 2021
Kurt Hediger
Marcus & Millichap RE Invest
1103 Ocean Ave Seal Beach, CA 90740
Seal Beach Area
5
Beds
5
Baths
3,942
Sq Ft
5,663
Sq Ft Lot
Highlights
- Corner Lot
- Landscaped
- 3-minute walk to Seal Beach Pier Playground
- J. H. Mcgaugh Elementary School Rated A
About This Home
As of May 20211101 - 1103 Ocean Avenue is a 6-unit multifamily investment property located in Seal Beach, a premier coastal rental market in Orange County. Built in 1947 and 1965, the property sits on a spacious double lot and consists of 4, 1 bed/1 bath units, 1, 2 bed/1.5 bath townhome unit, and 1, 2 bed/2 bath unit with an office. 1101 - 1103 Ocean Avenue offers amenities including uncovered, carport, and garage parking, patios, and on-site laundry. Current ownership has recently partially renovated the property with upgrades including new hardwood flooring and windows. 1101 - 1103 Ocean Avenue offers residents an unrivaled location just moments away from the beach and the Seal Beach Pier.
Last Agent to Sell the Property
Kurt Hediger
Marcus & Millichap RE Invest License #01846649 Listed on: 04/16/2021
Property Details
Home Type
- Apartment
Year Built
- Built in 1947
Lot Details
- 5,663 Sq Ft Lot
- No Common Walls
- Landscaped
- Corner Lot
- Level Lot
Parking
- 1 Open Parking Space
- 5 Car Garage
- 1 Carport Space
Interior Spaces
- 3,942 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Legal Lot and Block 1 / 11
- Tax Tract Number 115
- Assessor Parcel Number 19907201
Community Details
Overview
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,485
- Fuel Expense $1,485
- Insurance Expense $2,100
- Maintenance Expense $3,600
- Other Expense $6,351
- Trash Expense $1,485
- Water Sewer Expense $1,485
- New Taxes Expense $33,789
- Operating Expense $51,780
- Gross Income $116,040
- Net Operating Income $60,822
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2021
Closed on
May 4, 2021
Sold by
Bought by
Seller's Agent
Kurt Hediger
Marcus & Millichap RE Invest
Buyer's Agent
Dale Thayer
West Coast Realty Services Inc
List Price
$2,995,000
Sold Price
$2,583,750
Premium/Discount to List
-$411,250
-13.73%
Purchase Details
Closed on
Mar 4, 2021
Sold by
Bought by
Purchase Details
Closed on
Jul 18, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.045%
Mortgage Type
Farmers Home Administration
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,584,000 | Chicago Title Co Com Div | ||
| -- | -- | ||
| -- | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,215,000 | ||
| Closed | $500,000 | ||
| Closed | $1,275,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $375,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2021 05/13/21 | Sold | $2,583,750 | -13.7% | $655 / Sq Ft |
| 04/16/2021 04/16/21 | For Sale | $2,995,000 | -- | $760 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $37,514 | $3,246,238 | $2,636,897 | $609,341 |
| 2024 | $33,532 | $2,741,895 | $2,585,193 | $156,702 |
| 2023 | $32,760 | $2,688,133 | $2,534,503 | $153,630 |
| 2022 | $32,385 | $2,635,425 | $2,484,807 | $150,618 |
| 2021 | $12,812 | $891,374 | $702,554 | $188,820 |
| 2020 | $12,764 | $882,235 | $695,351 | $186,884 |
| 2019 | $12,391 | $864,937 | $681,717 | $183,220 |
| 2018 | $11,863 | $847,978 | $668,350 | $179,628 |
| 2017 | $11,599 | $831,351 | $655,245 | $176,106 |
| 2016 | $11,363 | $815,050 | $642,397 | $172,653 |
| 2015 | $11,188 | $802,808 | $632,748 | $170,060 |
| 2014 | $10,904 | $787,083 | $620,354 | $166,729 |
Source: Public Records
Agents Affiliated with this Home
-
-
Dale Thayer
D
Buyer's Agent in 2021
Dale Thayer
West Coast Realty Services Inc
(949) 400-3706
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21080181
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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