$1,825,000
SOLD FEB 26, 2025

135 7th St Seal Beach, CA 90740

5 Beds
5 Baths
2,853 Sq Ft
2,937 Sq Ft Lot

Recently Sold

$640 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Lawn
  • Galley Kitchen
  • J. H. Mcgaugh Elementary School Rated A
  • No HOA
  • 5-minute walk to Seal Beach Pier Playground

About This Home

As of February 2025

Discover coastal living at its finest in this attractive multi-family property nestled just steps from the vibrant heart of Seal Beach. This tri-unit gem combines classic mid-century modern charm with contemporary updates, offering an excellent opportunity for investors or those seeking a home with rental income potential.

The downstairs unit features a thoughtfully updated two-bedroom, two-bath layout, complete with a private primary ensuite and dedicated single-car garage. Upstairs, you'll find a generously proportioned second unit boasting two bedrooms and two baths, highlighted by a cozy fireplace in the living room and fresh, modern renovations throughout. The third unit, also located upstairs, offers a cozy one-bedroom, one-bath configuration perfect for smaller households.

Location is everything, and this property delivers. Take a short stroll to feel the sand between your toes, enjoy local dining, or explore charming boutique shops. The building's mid-century modern aesthetic adds distinctive character while maintaining its practical appeal.

Additional features include shared garage access for the upper units and recently completed updates that blend modern conveniences with the property's inherent charm. Whether you're looking to live in one unit while renting the others or seeking a pure investment opportunity, this versatile property offers the perfect blend of coastal lifestyle and practical functionality.

Don't miss this chance to own a piece of Seal Beach's sought-after coastal community.

Last Agent to Sell the Property

Seana Riggins

ReMax Tiffany Real Estate Brokerage Phone: 714-906-1127 License #01440600 Listed on: 01/07/2025

Last Buyer's Agent

Seana Riggins

ReMax Tiffany Real Estate Brokerage Phone: 714-906-1127 License #01440600 Listed on: 01/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 2,937 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Lawn

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Triplex
  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,853 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Living Room Balcony
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Electric Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 35 / 6
  • Tax Tract Number 115
  • Assessor Parcel Number 19903207

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,501
  • Maintenance Expense $1,200
  • Professional Management Expense $2,400
  • Supplies Expense $300
  • Water Sewer Expense $2,100
  • New Taxes Expense $22,000
  • Operating Expense $31,520
  • Gross Income $95,580
  • Net Operating Income $64,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 3.40
  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Old Town (OLDT)
  • Supplies Expense: 300.00
  • View: No
  • Water Sewer Expenses: 2100.00
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 19903207
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Living Room Balcony, Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 639.68
  • Room Type: Galley Kitchen, Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Electric Water Heater, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 2937.00
  • Lot Size Acres: 0.0674

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Multiplier: 19.11
  • Gross Operating Income: 95580.00
  • Gross Scheduled Income: 95580.00
  • Insurance Expense: 2501.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2937.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 64060.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 31520.00
  • Other Income Description: Garage included w/rent
  • Rent Control: No
  • Total Actual Rent: 7850.00
  • Total Expenses: 31520.00

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Block: 6
  • Tax Lot: 35
  • Tax Tract Number: 115
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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 List to Sale Price per Sq Ft
02/26/2025 02/26/25 Sold $1,825,000 +1.4% $640 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $1,800,000 -- $631 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $22,329 $1,910,174 $1,788,669 $121,505
2024 $22,329 $1,872,720 $1,753,597 $119,123
2023 $8,214 $602,938 $450,690 $152,248
2022 $8,098 $591,116 $441,853 $149,263
2021 $7,911 $579,526 $433,189 $146,337
2020 $7,891 $573,584 $428,747 $144,837
2019 $7,657 $562,338 $420,340 $141,998
2018 $7,326 $551,312 $412,098 $139,214
2017 $7,165 $540,502 $404,017 $136,485
2016 $7,021 $529,904 $396,095 $133,809
2015 $6,918 $521,945 $390,145 $131,800
2014 $6,745 $511,721 $382,502 $129,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25002802

California Regional Multiple Listing Service (CRMLS)

APN: 199-032-07