NOT LISTED FOR SALE

1605 Seal Way Seal Beach, CA 90740

5 Beds
5 Baths
2,690 Sq Ft
2,631 Sq Ft Lot

Last Sold March 25, 2016

Last sale price $2,298,000 $854 Per Sq Ft

47 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Open Floorplan
  • J. H. Mcgaugh Elementary School Rated A
  • Primary Bedroom Suite
  • Main Floor Bedroom

About This Home

As of March 2016

Beautifully renovated triplex on the sand in Seal Beach demonstrates tremendous pride of ownership and magnificent ocean views. The largest unit is 2 stories located on the 2nd and 3rd levels. The unit faces the beach and boasts views that stretch from the mountains to Catalina Island. Featuring 2 beds/2 baths, approx. 1,500sqft with ocean views from almost every room. Top level has a large master with en suite, private balcony, large walk-in closet, and a large den area that leads out to 2nd private balcony. 1st floor unit is a wonderful 2 bed/2 bath unit with an open floor plan and a front door that leads out to the sand. The 3rd unit is a 2 story 1 bed/1 bath over the garage. As you enter the 3rd unit there is a small bedroom with a bathroom and a large walk-in closet. Upstairs, over the garage, there is a full kitchen, eating area, living room and a large private balcony with a great ocean view. All 3 units have been highly upgraded including recessed lighting, copper plumbing, newer electrical, tankless water heaters, smoothed walls/ceilings, Anderson dual pane windows/sliders. All 3 units feature full kitchens with newer appliances and both 2 bed units have central A/C & fire sprinklers. Total of 4 parking spaces: 2 car garage, 2 space tandem.

Last Agent to Sell the Property

Jeremiah Secrest

First Team Real Estate License #01784726 Listed on: 01/27/2016

First Team Real Estate

Co-Listed By

Mary Ann Divona

First Team Real Estate License #01998673

Last Buyer's Agent

Cindy Pham

Cindy Pham, Broker License #01046609

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 2,631 Sq Ft Lot
  • Beach Front
  • 1 Common Wall
  • Southwest Facing Home
  • Wood Fence

Parking

  • 2 Car Garage
  • Single Garage Door
  • On-Street Parking
  • Uncovered Parking
  • Parking Permit Required

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Catalina
  • Mountain

Home Design

  • Mediterranean Architecture
  • Property Attached
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,690 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Jalousie or louvered window
  • Double Pane Windows
  • French Doors
  • Sliding Doors
  • Family Room
  • Living Room
  • Den
  • Loft

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Electric Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Vented Exhaust Fan
  • Underground Utilities
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 36
  • Tax Tract Number 1
  • Assessor Parcel Number 19909434

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,440
  • Maintenance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • New Taxes Expense $28,138
  • Gross Income $8,750
  • Net Operating Income $76,387

Property Details

Home Type

Multi-Family

Year Built

Built in 1939 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 3.06
  • Inclusions: Community washer/dryer
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Security System
  • Subdivision Name Other: Old Town (OLDT)
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 19909434
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Corian Counters, Copper Plumbing Full, Open Floorplan, Recessed Lighting, Tile Counters
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Door Features: French Doors, Sliding Doors
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 854.28
  • Room Type: Den, Family Room, Loft, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Jalousies/Louvered

Exterior Features

  • Direction Faces: Southwest
  • Foundation: Slab
  • View: Bay, Catalina, Coastline, Mountain(s), Ocean, White Water
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Concrete, Garage, Permit Required, Garage - Single Door, Street, Uncovered
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater, Disposal, Range Hood, Microwave, Tankless Water Heater, Vented Exhaust Fan
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Community, Electric Dryer Hookup, Individual Room, Outside
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2631.00
  • Price Per Lot Square Foot: 873.43
  • Lot Size Acres: 0.0600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 8750.00
  • Gross Scheduled Income: 105000.00
  • Insurance Expense: 1440.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2631.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 76387.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Operating Expense: 28612.00
  • Rent Control: No
  • Total Actual Rent: 8750.00
  • Vacancy Allowance Rate: 5.00
  • Waterfront Features: Beach Front

Tax Info

  • New Taxes Expense: 28138.00
  • Tax Lot: 36
  • Tax Tract Number: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
03/25/2016 03/25/16 Sold $2,298,000 -7.9% $854 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $2,495,000 +27.9% $928 / Sq Ft
05/24/2012 05/24/12 Sold $1,950,000 -4.9% $725 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $2,050,000 -- $762 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16017622

California Regional Multiple Listing Service (CRMLS)