NOT LISTED FOR SALE

1632 Ocean Ave Seal Beach, CA 90740

5 Beds
3 Baths
2,350 Sq Ft
3,040 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $1,600,000 $681 Per Sq Ft

55 Days on Market

Highlights

  • Fireplace in Kitchen
  • Granite Countertops
  • Laundry Room
  • J. H. Mcgaugh Elementary School Rated A
  • No HOA
  • Central Air

About This Home

As of January 2020

MOTIVATED SELLER! Must see and submit offer today! Will not be another opportunity like this!

Location! Location! Location! Just ONE block away from the sand! 3 units and 7 garages! ADDITIONAL INCOME FROM GARAGES $1,600!! ALL UNITS ARE DETACHED. NO SHARING WALLS. Rare to have parking spaces in the beautiful Seal Beach! Each Unit has an open floor plan with high-end finishes, including granite counter tops, back splash, plank flooring and customize tile work. Square footage to be verified. Great Apartment Opportunity you don't want to miss! Drive by only! Do not disturb tenants!

MOTIVATED SELLER SUBMIT ALL OFFERS!

Last Agent to Sell the Property

Paul Dunlap

Dunlap Property Group. Inc. License #00547027 Listed on: 10/16/2019

Last Buyer's Agent

Paul Dunlap

Dunlap Property Group. Inc. License #00547027 Listed on: 10/16/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 3,040 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 7 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Triplex

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 15
  • Tax Tract Number 995
  • Assessor Parcel Number 19909416

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $450
  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Trash Expense $300
  • Water Sewer Expense $300
  • New Taxes Expense $19,313
  • Operating Expense $23,563
  • Gross Income $104,100
  • Net Operating Income $96,437

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

7

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Old Town (OLDT)
  • Water Sewer Expenses: 300.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 450.00
  • Parcel Number: 19909416
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room, Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 680.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3040.00
  • Lot Size Acres: 0.0698

Rental Info

  • Garage Rental Rate: 400.00
  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 750 Square Feet
  • Average2 Bed Area: 850 Square Feet
  • Garage Income: 1800.00
  • Gross Income: 104100.00
  • Gross Scheduled Income: 120000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 3040.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 96437.00
  • Number Of Rented Garages: 7
  • 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
  • Operating Expense: 23563.00
  • Rent Control: No
  • Total Actual Rent: 6875.00
  • Total Expenses: 23563.00

Tax Info

  • New Taxes Expense: 19313.00
  • Tax Census Tract: 995.11
  • Tax Lot: 15
  • Tax Tract Number: 995.11

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
01/31/2020 01/31/20 Sold $1,600,000 -15.8% $681 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $1,900,000 -- $809 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Dunlap

    Seller's Agent in 2020

    Paul Dunlap

    Dunlap Property Group. Inc.

    (714) 720-3321

    1 in this area

    4 Total Sales

    Paul Dunlap
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19244254

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

1632 Ocean Ave, Seal Beach, CA

This home is located at 1632 Ocean Ave, Seal Beach, CA 90740 since 16 October 2019. This property was built in 1962. 1632 Ocean Ave 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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