NOT LISTED FOR SALE

205 7th St Seal Beach, CA 90740

7 Beds
6 Baths
4,180 Sq Ft
5,875 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $2,375,000 $568 Per Sq Ft

25 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • J. H. Mcgaugh Elementary School Rated A
  • Two Story Ceilings
  • 3-minute walk to Electric Avenue Median Park

About This Home

As of January 2020

4-Plex with 4 garages in beautiful Old Town. Great investment or opportunity to live in one unit and have rental income for the other 3 units. Units C & D are two story units in the back; kitchen, family room on first floor, 2 bedrooms, 1 bonus room which can be used as 3rd bedroom, 2 bathrooms on the second floor. Both units have a large attic. Unit B is a 2 bedrooms, 1 bath with a side patio area for entertaining, has a smaller attic, new water heater, new refrigerator, new flooring and new paint. Unit A is a 1 bedroom, 1 bath with a small attic as well, new flooring and new refrigerator. This building has been well maintained. Located in the perfect area of Old Town Seal Beach, walking distance to the Pier, beach, shops, bars and restaurants! This is a great opportunity to own in Old Town Seal Beach.

Last Agent to Sell the Property

Terri Nomann

Think Boutiq Real Estate License #01932063 Listed on: 11/15/2019

Last Buyer's Agent

Luther Tsinoglou

Compass License #01135433

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 5,875 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Fire Rated Drywall
  • Common Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Asphalt
  • Stucco

Interior Spaces

  • 4,180 Sq Ft Home
  • 2-Story Property
  • Two Story Ceilings
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Window Screens
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Attic

Kitchen

  • Self-Cleaning Convection Oven
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • 220 Volts
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 5 / 106
  • Tax Tract Number 115
  • Assessor Parcel Number 19905119

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $28
  • Insurance Expense $1,151
  • Supplies Expense $933
  • Trash Expense $152
  • Water Sewer Expense $359
  • New Taxes Expense $15,834
  • Operating Expense $18,457
  • Net Operating Income $67,065

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Old Town (OLDT)
  • Supplies Expense: 933.00
  • Water Sewer Expenses: 359.15
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 19905119
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters, Copper Plumbing Partial, High Ceilings, Tile Counters, Two Story Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits, Low Pile Carpeting, Parking
  • Appliances: Yes
  • Fireplace Features: Dining Room, Kitchen, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 568.18
  • Room Type: All Bedrooms Down, All Bedrooms Up, Attic, Living Room, Master Bathroom
  • Window Features: Blinds, Double Pane Windows, Screens, Wood Frames

Exterior Features

  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Asphalt, Block, Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Water Heater
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Community, Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 152.16
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinkler System, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 5875.00
  • Lot Size Acres: 0.1349
  • Latitude Manual: 33.74267200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 28.00
  • Gross Scheduled Income: 86700.00
  • Insurance Expense: 1151.00
  • Lot Size Area: 5875.0000 Square Feet
  • Net Operating Income: 67065.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 19635.00
  • Other Income Description: Coin Laundry
  • Rent Control: No
  • Total Actual Rent: 7225.00
  • Total Expenses: 18457.31

Tax Info

  • New Taxes Expense: 15834.00
  • Tax Block: 106
  • Tax Census Tract: 995.11
  • Tax Lot: 5
  • Tax Tract Number: 115
  • Tax Annual Amount: 1583364.00

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
01/31/2020 01/31/20 Sold $2,375,000 -5.0% $568 / Sq Ft
11/15/2019 11/15/19 For Sale $2,500,000 -- $598 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19266503

California Regional Multiple Listing Service (CRMLS)

APN: 199-051-19