NOT LISTED FOR SALE

1205 Seal Way Seal Beach, CA 90740

5 Beds
4 Baths
2,595 Sq Ft
2,757 Sq Ft Lot

Last Sold June 26, 2020

Last sale price $2,875,000 $1,108 Per Sq Ft

77 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Ocean Side of Highway 1
  • J. H. Mcgaugh Elementary School Rated A
  • Fishing
  • 5-minute walk to Seal Beach Pier Playground

About This Home

As of June 2020

As the northern gateway to Orange County's 42 miles of coastline, Seal Beach is a quiet, down-to-earth beach community and the perfect seaside destination to call home. Rebuilt from the ground up in 2006, this multi-unit property offers a 3 bedroom, 2 bath open concept ground floor unit and a 2 bedroom, 2 bath open concept upstairs unit. The ground floor unit is the only licensed waterfront, short-term rental in Seal Beach commanding an excellent rate per week in the summer months. A fantastic investment! The views are some of the most picturesque Orange County has to offer. Spanning as far north as Palos Verdes, with sights of the Long Beach’s Queen Mary and Spruce Goose, and as far south as the Huntington Beach pier. Each unit features an upgraded kitchen with stainless steel appliances & custom cabinetry, tile floors throughout, a fireplace and a balcony or patio to savor the views and soak up the fresh ocean air. The rooftop deck is an ideal spot for a vegetable garden, yoga/meditation space or even an art studio. Located within walking distance to Main Street with a myriad of quaint coffee shops, restaurants, boutiques and the beautiful Seal Beach pier. Plus, the mainstream grocery store and other large stores are a short stroll away. Walk, bike, golf cart – you choose! Capitalize on this incredible opportunity to own a waterfront Seal Beach property .
For a personal at home viewing please take a look at the virtual tour link. https://pphd.seehouseat.com/1554399?idx=1

Last Agent to Sell the Property

Dave Troutt

Seven Gables Real Estate License #01749025 Listed on: 03/13/2020

Last Buyer's Agent

Cynthia Wexler

Kliq Realty License #01981372

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 2,757 Sq Ft Lot
  • Beach Front
  • Property fronts an alley
  • 1 Common Wall
  • Vinyl Fence
  • Wood Fence
  • No Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Property Attached
  • Flat Roof Shape
  • Composition Roof
  • Membrane Roofing

Interior Spaces

  • 2,595 Sq Ft Home
  • Double Pane Windows
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 16 / F
  • Tax Tract Number 1009
  • Assessor Parcel Number 19907503

Community Details

Overview

  • 2 Units

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $1,200
  • New Taxes Expense $35,000
  • Operating Expense $38,000
  • Gross Income $75,000
  • Net Operating Income $70,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Beach Front
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 19907503
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1107.90
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Pier
  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Pool Private: No
  • Roof: Composition, Flat, Membrane
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Gutters, Park, Watersports, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Level with Street, Rectangular Lot, Near Public Transit, No Landscaping, Paved
  • Lot Size Sq Ft: 2757.00
  • Lot Size Acres: 0.0633

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 75000.00
  • Gross Scheduled Income: 75000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 2757.0000 Square Feet
  • Net Operating Income: 70000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 38000.00
  • Other Income Description: upper unit is not rented out
  • Rent Control: No
  • Total Actual Rent: 75000.00
  • Total Expenses: 38000.00
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 35000.00
  • Tax Block: F
  • Tax Census Tract: 995.11
  • Tax Lot: 16
  • Tax Tract Number: 1009

Range of Values:

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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 Change Sq Ft Price
06/26/2020 06/26/20 Sold $2,875,000 -12.2% $1,108 / Sq Ft
04/28/2020 04/28/20 Price Changed $3,275,000 -2.2% $1,262 / Sq Ft
03/13/2020 03/13/20 For Sale $3,350,000 +45.7% $1,291 / Sq Ft
06/22/2012 06/22/12 Sold $2,300,000 -14.8% $1,054 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
08/22/2011 08/22/11 For Sale $2,700,000 -- $1,237 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20056375

California Regional Multiple Listing Service (CRMLS)