$1,008,000
SOLD SEP 8, 2015

122 10th St Seal Beach, CA 90740

3 Beds
3 Baths
1,425 Sq Ft
2,938 Sq Ft Lot

Recently Sold

$707 Per Sq Ft

8% Below List Price

79 Days on Market

Highlights

  • Marina
  • Ocean View
  • All Bedrooms Downstairs
  • J. H. Mcgaugh Elementary School Rated A
  • Pier
  • 3-minute walk to Seal Beach Pier Playground

About This Home

As of April 2022

Located just 1/2 block from the beach and one block from the Main Street shops, restaurants, and coffee houses, this charming 3 unit property offers investors the unique opportunity to acquire a turn-key, owner-user asset in the most desirable area of Seal Beach. The property is comprised of 3 units, all of which have been upgraded with granite countertops, new tile in the bathrooms, laminate flooring, and in-unit washers and dryers. Community amenities include three parking spaces in the back of the property, a small backyard, and partial ocean view from the front patio. The property is separately metered, features updated plumbing/electrical system, and a new roof. Seal Beach is 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

Robert Stepp

Keller Williams Realty Downey License #01456379 Listed on: 08/12/2015

Keller Williams Realty Downey

Last Buyer's Agent

Robert Stepp

Keller Williams Realty Downey License #01456379 Listed on: 08/12/2015

Keller Williams Realty Downey

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 2,938 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Back Yard

Property Views

  • Ocean
  • Views of a pier

Home Design

  • Bungalow
  • Property Attached
  • Turnkey

Interior Spaces

  • 1,425 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Pier
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 22 / 10
  • Tax Tract Number 115
  • Assessor Parcel Number 19904222

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Marina

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent Fax
  • Other Phone Number: 310-602-6236
  • Property Attached: Yes
  • Subdivision Name Other: Old Town (OLDT)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 19904222
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 707.37
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Exterior Features: Lighting, Pier
  • View: Ocean, Pier
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Level with Street
  • Lot Size Sq Ft: 2938.00
  • Price Per Lot Square Foot: 343.09
  • Lot Size Acres: 0.0670

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 51900.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2938.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Patio: 1
  • Rent Control: Yes
  • Total Actual Rent: 4325.00
  • Vacancy Allowance Rate: 3.00
  • Waterfront Features: Marina in Community

Tax Info

  • Tax Block: 10
  • Tax Lot: 22
  • Tax Tract Number: 115
  • Tax Year: 2014

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
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
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
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 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: PW15119274

California Regional Multiple Listing Service (CRMLS)

APN: 199-042-22