NOT LISTED FOR SALE

124 3rd St Seal Beach, CA 90740

10 Beds
5 Baths
5,100 Sq Ft
6,194 Sq Ft Lot

Last Sold February 28, 2024

Last sale price $3,300,000 $647 Per Sq Ft

205 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Quartz Countertops
  • J. H. Mcgaugh Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Marina Park

About This Home

As of February 2024

An exquisite five-unit apartment building on a double lot that offers a rare blend of luxurious coastal living, charming outdoor spaces, and a top tier prime location. Thoughtfully designed, the four units in the main building feature spacious 2 bedroom, 1 bathroom residences that are extensively renovated including hardwood floors, new kitchen cabinetry, quartz countertops and contemporary designed bathrooms, tankless water heaters, in-unit laundry, new electrical and plumbing, and dual pane windows. The fifth unit is in original interior condition and located in a separate building on the top floor over four single car garages, featuring 2 bedrooms plus an office, 1 bathroom with a walk-in closet, and a galley kitchen. Outdoor living is embraced in this property with multiple beautiful patios that invite residents to bask in the warm California sun or unwind amidst the gentle ocean breeze. Extensive building renovations include exterior concrete hardscape, a newer roof on the main building, exterior paint, and landscaping. With its beautifully remodeled units, ample outdoor spaces, and beach-close location, this marquee property promises an exceptional living experience and true pride of ownership.

Last Agent to Sell the Property

Shana Klisanin

Baytown Realty License #01196063 Listed on: 06/08/2023

Last Buyer's Agent

Shana Klisanin

Baytown Realty License #01196063 Listed on: 06/08/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 6,194 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot

Parking

  • 1 Open Parking Space
  • 4 Car Garage

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Apartment
  • Flat Roof Shape
  • Raised Foundation

Interior Spaces

  • 5,100 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Home Office
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 24 / 3
  • Tax Tract Number 115
  • Assessor Parcel Number 19914701
  • $2,292 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Old Town Subdivision

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,480
  • Insurance Expense $4,050
  • Water Sewer Expense $3,914
  • Operating Expense $9,444
  • Gross Income $168,306

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 699000
  • Property Attached: Yes
  • Subdivision Name Other: Old Town (OLDT)
  • View: Yes
  • Water Sewer Expenses: 3914.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1480.00
  • Parcel Number: 19914701
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 647.06
  • Room Type: Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Office, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • View: Ocean, Peek-A-Boo
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator, Tankless Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 6194.00
  • Lot Size Acres: 0.1422

Multi Family

  • Average2 Bed Area: 1041 Square Feet
  • Gross Income: 168306.00
  • Gross Scheduled Income: 168306.00
  • Insurance Expense: 4050.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6194.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Rent Control: No
  • Total Expenses: 9444.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 995.11
  • Tax Lot: 24
  • Tax Tract Number: 115
  • TaxOtherAnnualAssessmentAmount: 2292.00

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
02/28/2024 02/28/24 Sold $3,300,000 -5.6% $647 / Sq Ft
12/11/2023 12/11/23 Price Changed $3,495,000 -4.2% $685 / Sq Ft
10/10/2023 10/10/23 Price Changed $3,650,000 -3.8% $716 / Sq Ft
07/17/2023 07/17/23 Price Changed $3,795,000 -7.3% $744 / Sq Ft
06/08/2023 06/08/23 For Sale $4,095,000 +110.0% $803 / Sq Ft
12/29/2014 12/29/14 Sold $1,950,000 -15.2% $361 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $2,300,000 -- $426 / 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: PW23094820

California Regional Multiple Listing Service (CRMLS)

APN: 199-147-01