NOT LISTED FOR SALE

1401 Seal Way Seal Beach, CA 90740

6 Beds
4 Baths
2,800 Sq Ft
3,411 Sq Ft Lot

Last Sold August 02, 2022

Last sale price $3,300,000 $1,179 Per Sq Ft

90 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Granite Countertops
  • J. H. Mcgaugh Elementary School Rated A
  • Corner Lot
  • No HOA

About This Home

As of August 2022

Spectacular views! This corner lot, beach front Triplex offers a terrific opportunity to live in one unit and rent the others. The second floor owner's unit (2 bedrooms, 1+3/4 baths) showcases 180+ degree panoramic ocean views and open beam ceilings. Downstairs unit (2 bedrooms, 1 bath) has direct beach views and an updated kitchen. Third unit (2 bedrooms, 1 bath) is located over the garages. 3 single car garages provide off-street parking for each unit. Tons of potential. Needs TLC. As Is. Probate Sale. Court Confirmation required.

Last Agent to Sell the Property

Pam Lee

24 Hour Real Estate License #01750256 Listed on: 03/16/2022

Last Buyer's Agent

Kimberly Kelly

Compass License #00813127

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 3,411 Sq Ft Lot
  • Beach Front
  • No Common Walls
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • No Driveway

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Blinds
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Legal Lot and Block 8 / H
  • Tax Tract Number 1009
  • Assessor Parcel Number 19909215
  • $1,478 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,105
  • Trash Expense $750
  • Water Sewer Expense $750
  • Operating Expense $5,605
  • Gross Income $38,400
  • Net Operating Income $32,795

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 1155167
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 750.00
  • Property Type: Residential Income
  • Parcel Number: 19909215
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Granite Counters, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1178.57
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Garage - Single Door, No Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Range Hood
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3411.00
  • Lot Size Acres: 0.0783

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 4105.00
  • Lot Size Area: 3411.0000 Square Feet
  • Net Operating Income: 32795.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 5605.00
  • Other Expense Description: fld insu
  • Rent Control: Yes
  • Total Actual Rent: 3200.00
  • Total Expenses: 5605.00
  • Waterfront Features: Beach Front, Ocean Front

Tax Info

  • Tax Block: H
  • Tax Census Tract: 995.11
  • Tax Lot: 8
  • Tax Tract Number: 1009
  • TaxOtherAnnualAssessmentAmount: 1478.00

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
08/02/2022 08/02/22 Sold $3,300,000 -4.8% $1,179 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $3,465,500 0.0% $1,238 / Sq Ft
06/02/2022 06/02/22 For Sale $3,465,500 +5.0% $1,238 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/26/2022 03/26/22 Off Market $3,300,000 -- --
03/16/2022 03/16/22 For Sale $2,800,000 -- $1,000 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Pam Lee

    Seller's Agent in 2022

    Pam Lee

    24 Hour Real Estate

    (562) 537-1134

    1 in this area

    52 Total Sales

    Pam Lee
    Section Image
  • Kimberly Kelly

    Buyer's Agent in 2022

    Kimberly Kelly

    Compass

    (562) 972-7765

    31 in this area

    61 Total Sales

    Kimberly Kelly
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22037536

California Regional Multiple Listing Service (CRMLS)
California Orange County Seal Beach 90740

1401 Seal Way, Seal Beach, CA

This home is located at 1401 Seal Way, Seal Beach, CA 90740 since 16 March 2022. This property was built in 1958. 1401 Seal Way is a home located in Orange County with nearby schools including J. H. Mcgaugh Elementary School, Jack L. Weaver Elementary School, and Sharon Christa Mcauliffe Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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