Seller's Agent in 2016
Nat Ferguson
Splash Real Estate
(562) 761-7165
19 in this area
40 Total Sales
1511 Ocean Ave Seal Beach, CA 90740
5
Beds
3
Baths
2,500
Sq Ft
3,838
Sq Ft Lot
Highlights
- Private Yard
- No HOA
- Wall Furnace
- J. H. Mcgaugh Elementary School Rated A
About This Home
As of June 2016This rarely available beach close Triplex is situated on a lot and a half. Ideally built for an owner who seeks to live the beach lifestyle while maintaining a rental income from the property. The Triplex consists of a detached 2 bed, 1 bath beach bungalow in the front with a 1 bed, 1 bath and another 2 bed, 1 bath apartment units in the rear. All of the units offer their own washing machine and dryers in addition to their own dishwashers. The entire building has a newer roof, upgraded electrical and plumbing in addition to double pane vinyl windows. The property offers (2) 1 car garages and another parking space behind the garage doors. Gross annual rental income for this property is $70,200 and each unit has separately metered utilities. Call today for a chance to own this unique beach close income property.
Last Agent to Sell the Property
Splash Real Estate License #01387196 Listed on: 12/07/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 3,838 Sq Ft Lot
- Lot Dimensions are 37'x100'
- 1 Common Wall
- Private Yard
Parking
- 2 Car Garage
Home Design
- Property Attached
Interior Spaces
- 2,500 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Legal Lot and Block 35 / C
- Tax Tract Number 1
- Assessor Parcel Number 19908428
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,700
- Maintenance Expense $1,000
- Gross Income $5,850
- Net Operating Income $67,500
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2016 06/10/16 | Sold | $1,599,000 | 0.0% | $640 / Sq Ft |
| 04/27/2016 04/27/16 | Pending | -- | -- | -- |
| 04/06/2016 04/06/16 | For Sale | $1,599,000 | +37.8% | $640 / Sq Ft |
| 04/10/2014 04/10/14 | Sold | $1,160,000 | -9.3% | $464 / Sq Ft |
| 03/11/2014 03/11/14 | Pending | -- | -- | -- |
| 12/07/2013 12/07/13 | For Sale | $1,279,000 | -- | $512 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Nat Ferguson
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13250804
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