$2,300,000
SOLD JUN 22, 2012

1205 Seal Way Seal Beach, CA 90740

-- Bed
-- Bath
2,183 Sq Ft
2,757 Sq Ft Lot

Recently Sold

$1,054 Per Sq Ft

15% Below List Price

253 Days on Market

Highlights

  • Ocean View
  • Granite Countertops
  • No Heating
  • J. H. Mcgaugh Elementary School Rated A
  • Double Pane Windows
  • 5-minute walk to Seal Beach Pier Playground

About This Home

As of June 2020

Property has been rebuilt from the ground up in 2006. No expense spared in this beautiful 2 bedroom, 2 bath top unit and 3 bedroom, 2 bath bottom unit. This could be an easy conversion to a sfr. Both units have gourmet kitchens. Each unit was built to be an owner occupant with the highest quality. You will be sold with the rooftop deck. Units are on the sand close to historic Seal Beach Pier, quaint Main Street shopping, restaurants and forever sunsets.

Last Agent to Sell the Property

Kathy Gonzalez

Real 360 License #01393919 Listed on: 08/22/2011

Last Buyer's Agent

Dave Troutt

Seven Gables Real Estate License #01749025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Parking

  • 2 Parking Spaces

Home Design

  • Split Level Home
  • Stucco

Interior Spaces

  • 2,183 Sq Ft Home
  • Double Pane Windows
  • Ocean Views
  • Granite Countertops

Additional Features

  • 2,757 Sq Ft Lot
  • No Heating

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Cable TV Expense $60
  • Electric Expense $120
  • Furniture Replacement Expense $5,000
  • Insurance Expense $1,000
  • Water Sewer Expense $120
  • New Taxes Expense $19,000
  • Gross Income $6,000
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 0.38
  • View: Yes
  • Water Sewer Expenses: 120.00
  • Property Type: Residential Income
  • Parcel Number: 19907503
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Appliances: No
  • Levels: Multi/Split
  • Price Per Square Foot: 1053.60
  • Window Features: Double Pane Windows

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2757.00
  • Lot Size Acres: 0.0630

Multi Family

  • Average2 Bed Area: 1100
  • Average3 Bed Area: 1100
  • Cable TV Expense: 60.00
  • Electric Expense: 120.00
  • Furniture Replacement Expense: 5000.00
  • Gross Income: 6000.00
  • Gross Multiplier: 32.50
  • Gross Scheduled Income: 80000.00
  • Insurance Expense: 1000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2757.0000 Square Feet
  • Net Operating Income: 10000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 60000.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 19000.00
  • Tax Area: 12024
  • Tax Block: F
  • 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: P794258

California Regional Multiple Listing Service (CRMLS)