Seller's Agent in 2023
Jimmy Reed
First Team Real Estate
(949) 303-7701
2 in this area
383 Total Sales
111 14th St Seal Beach, CA 90740
Estimated Value: $1,525,784 - $1,957,000
7
Beds
6
Baths
2,650
Sq Ft
$629/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- South Facing Home
- J. H. Mcgaugh Elementary School Rated A
- 2 Car Garage
- Wall Furnace
About This Home
As of January 2023One of a kind, TRIPLE LOT, single-sided to the West and alley access to the North, located in the best area of Old Town and just steps from the ocean waves! The 3 lots combine to offer one Single Family Residence, one Triplex, and one Duplex. Totaling 6 Income Units, 7 Bedrooms, 2 Single Car Attached Garages and 8 Uncovered Assigned Parking Spaces. Long-term tenants are on month-to-month rental agreements and additional income is available through private garage rental and community laundry service fees. This rare opportunity to own a TRIPLE LOT provides UNLIMITED OPPORTUNITIES and is the perfect location to walk to the sand, Seal Beach Pier and Main Street where you will find great restaurants, boutiques, surf shops and cafes. Also conveniently located within the highly coveted and nationally award-winning, Los Alamitos School District and 3 freeways are just a five-minute drive away! Don't let this opportunity pass! This property hasn't been on the market in 51 years! Please do not disturb occupants.
Last Agent to Sell the Property
First Team Real Estate License #01263988 Listed on: 12/13/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 8,908 Sq Ft Lot
- Property fronts an alley
- No Common Walls
- South Facing Home
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 8 Open Parking Spaces
- Parking Available
- Side Facing Garage
- Single Garage Door
- Parking Lot
- Assigned Parking
Home Design
- Quadruplex
- Split Level Home
Interior Spaces
- 2,650 Sq Ft Home
- 2-Story Property
- Gas Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 11 / 13
- Tax Tract Number 115
- Assessor Parcel Number 19908126
- $2,480 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 6 Units
- Old Town Subdivision
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- Electric Expense $81
- Fuel Expense $1,349
- Gardener Expense $1,650
- Insurance Expense $3,026
- Maintenance Expense $7,499
- Professional Management Expense $6,230
- Trash Expense $336
- Water Sewer Expense $1,820
- Operating Expense $21,991
- Gross Income $4,962
- Net Operating Income $102,749
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2022
Closed on
Dec 20, 2022
Sold by
Thomas Family Trust and Thomas Wesley A
Bought by
Bmc Cub Llc
Seller's Agent
Jimmy Reed
First Team Real Estate
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$2,500,000
Sold Price
$3,000,000
Premium/Discount to List
$500,000
20%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,332,304
Avg. Annual Appreciation
-17.78%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bmc Cub Llc | $3,000,000 | California Best Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2023 01/17/23 | Sold | $3,000,000 | +20.0% | $1,132 / Sq Ft |
| 12/16/2022 12/16/22 | Pending | -- | -- | -- |
| 12/13/2022 12/13/22 | For Sale | $2,500,000 | -- | $943 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,979 | $1,019,597 | $988,905 | $30,692 |
| 2024 | $11,979 | $999,605 | $969,514 | $30,091 |
| 2023 | $11,707 | $980,005 | $950,504 | $29,501 |
Source: Public Records
Agents Affiliated with this Home
-
Jimmy Reed
-
Sean Stanfield
Buyer's Agent in 2023
Sean Stanfield
Pacific Sotheby's Int'l Realty
(949) 244-9057
12 in this area
560 Total Sales
-
David Biehler
Buyer Co-Listing Agent in 2023
David Biehler
Pacific Sotheby's Int'l Realty
(714) 747-3949
8 in this area
86 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22241517
APN: 199-081-51
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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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