NOT LISTED FOR SALE
3 Beds
3 Baths
1,425 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: April 8, 2022

Last sale price $1,805,000 $1,267 Per Sq Ft

8 Days on Market

Highlights

  • Property has ocean access
  • Across the Road from Lake or Ocean
  • Cottage
  • J. H. Mcgaugh Elementary School Rated A
  • No HOA
  • 3-minute walk to Seal Beach Pier Playground

About This Home

As of April 2022

Great Investor Property located only a half a block from the beach and one block from Main Street's shops, restaurants, and coffee houses. This
charming multi-unit property offers investors an opportunity to acquire a turnkey investment or an owner-user asset in the most desirable area of Seal Beach. This property has three units, all of which have been updated. Each unit offers an open kitchen layout, inside stackable washer/dryer laundry, A/C and Heating system, refrigerator, and appliances, 1 parking spot (3 parking spots for the property). There is a nice little community yard that is
shared between the three units as well. The property has separate meters for each unit so tenants pay for their own gas and electric and the landlord pays for Water and trash. This triplex is located in the award-winning Los Alamitos School District and provides residents with an excellent community environment. Seal Beach's proximity to the 405, 605, and 22 freeways make it highly desirable to those commuting to both Los Angeles and Orange County.

Last Agent to Sell the Property

Sandra Thiel

First Team Real Estate License #01874934 Listed on: 03/14/2022

First Team Real Estate

Last Buyer's Agent

Sergio Angulo

Century 21 Realty Masters License #02068594

Century 21 Realty Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Back Yard

Home Design

  • Triplex
  • Cottage
  • Bungalow
  • Common Roof

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Separate Family Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Parking Available
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Paid

Additional Features

  • Property has ocean access
  • Across the Road from Lake or Ocean

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 22 / 10
  • Tax Tract Number 115
  • Assessor Parcel Number 19904222
  • $1,215 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Old Town Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Other Expense $5,000
  • Trash Expense $600
  • Water Sewer Expense $600
  • Operating Expense $8,700
  • Gross Income $75,600
  • Net Operating Income $55,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Old Town (OLDT)
  • Water Sewer Expenses: 600.00
  • Architectural Style: Bungalow, Cottage
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 19904222
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 1266.67
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Separate Family Room

Exterior Features

  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Laundry Features: Inside, Stackable
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 75600.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 3049.0000 Square Feet
  • Net Operating Income: 55600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 20000.00
  • Other Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 8700.00
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Access

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 995.11
  • Tax Lot: 22
  • Tax Tract Number: 115
  • TaxOtherAnnualAssessmentAmount: 1215.00

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
Mar 14, 2022
Closed on
Apr 4, 2022
Sold by
Bought by
Seller's Agent
Sandra Thiel
First Team Real Estate
Buyer's Agent
Sergio Angulo
Century 21 Realty Masters
List Price
$1,800,000
Sold Price
$1,805,000
Premium/Discount to List
$5,000
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,263,500
Interest Rate
0.0385%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 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
$899,250
Interest Rate
0.0415%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2017
Closed on
Mar 31, 2017
Sold by
Bought by
Seller's Agent
Paul Phillips
Durus Real Estate
Buyer's Agent
Sandra Thiel
First Team Real Estate
List Price
$1,250,000
Sold Price
$1,250,000

Purchase Details

Listed on
Mar 13, 2017
Closed on
Mar 21, 2017
Sold by
Bought by
Seller's Agent
Paul Phillips
Durus Real Estate
Buyer's Agent
Sandra Thiel
First Team Real Estate
List Price
$1,250,000
Sold Price
$1,250,000

Purchase Details

Listed on
Aug 12, 2015
Closed on
Sep 2, 2015
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Robert Stepp
Keller Williams Realty Downey
List Price
$1,100,000
Sold Price
$1,008,000
Premium/Discount to List
-$92,000
-8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%

Purchase Details

Closed on
May 30, 2014
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
$472,000
Interest Rate
0.0329%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2008
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
$507,500
Interest Rate
0.0607%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,805,000 Chicago Title
$1,199,000 Chicago Title Co
-- Title 365
$1,250,000 Title 365
$1,008,000 Title 365
-- Stewart Title Of Ca Inc
$725,000 Lawyers 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 $1,263,500
Closed $1,263,500
Previous Owner $790,000
Previous Owner $899,250
Previous Owner $810,000
Previous Owner $472,000
Previous Owner $497,400
Previous Owner $507,500
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 Prior Sale
04/08/2022 04/08/22 Sold $1,805,000 +0.3% $1,267 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $1,800,000 +44.0% $1,263 / Sq Ft
04/10/2017 04/10/17 Sold $1,250,000 0.0% $877 / Sq Ft View Prior Sale
03/22/2017 03/22/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $1,250,000 +24.0% $877 / Sq Ft
09/08/2015 09/08/15 Sold $1,008,000 -8.4% $707 / Sq Ft View Prior Sale
08/20/2015 08/20/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $1,100,000 -- $772 / 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 $22,122 $1,915,480 $1,861,481 $53,999
2024 $22,122 $1,877,922 $1,824,981 $52,941
2023 $21,626 $1,841,100 $1,789,197 $51,903
2022 $15,601 $1,285,569 $1,238,317 $47,252
2021 $15,246 $1,260,362 $1,214,036 $46,326
2020 $15,252 $1,247,439 $1,201,588 $45,851
2019 $14,778 $1,222,980 $1,178,028 $44,952
2018 $14,927 $1,275,000 $1,231,298 $43,702
2017 $12,206 $1,028,160 $971,206 $56,954
2016 $11,966 $1,008,000 $952,162 $55,838
2015 $9,459 $776,825 $742,327 $34,498
2014 $8,829 $725,000 $691,329 $33,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22050846

California Regional Multiple Listing Service (CRMLS)

APN: 199-042-22

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