$2,950,000
$300K PRICE DROP

217 10th St Seal Beach, CA 90740

Estimated payment $19,102/month

Total Views 15,298
4 Beds
4 Baths
2,936 Sq Ft
$1,005 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 4-minute walk to Electric Avenue Median Park
  • J. H. Mcgaugh Elementary School Rated A

About This Home

Nestled at 217 10th Street, this pristine 4-unit multifamily property offers tenants the pinnacle of modern upgrades and premium finishes. Each unit has been fully remodeled, showcasing coastal-inspired vinyl plank flooring, brand-new stainless steel appliances, and beautifully redesigned kitchens and bathrooms. Every residence is equipped with a new split A/C unit, while the building itself boasts a new roof, windows, tankless water heaters, upgraded electrical systems, and plumbing. Additionally, fresh community laundry machines have been installed for tenant use.

What truly sets this property apart is its unbeatable location. Just steps from Seal Beach’s sunlit shores and only a block from the famous Seal Beach Pier and Main Street, residents are at the heart of a bustling, vibrant neighborhood with a wide selection of shops and dining options. This sought-after locale ensures high demand and top rental rates. For investors, this turnkey property offers a rare opportunity for a low-maintenance investment with immediate rental income potential and long-term appreciation.

Listing Agent

Tracey Marcyan

Caliber Real Estate Group Brokerage Phone: 714-319-3606 License #01884787 Listed on: 02/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 3,049 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 2,936 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 17 / 109
  • Tax Tract Number 115
  • Assessor Parcel Number 19904304
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Old Town Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $745
  • Insurance Expense $1,676
  • Maintenance Expense $3,200
  • Other Expense $500
  • Trash Expense $745
  • Water Sewer Expense $745
  • Operating Expense $7,611
  • Net Operating Income $93,961

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 737500
  • Property Attached: Yes
  • Subdivision Name Other: Old Town (OLDT)
  • Water Sewer Expenses: 745.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 19904304
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1004.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 745.00
  • 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: 2-5 Units/Acre
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Electric Expense: 745.00
  • Gross Scheduled Income: 147600.00
  • Insurance Expense: 1676.00
  • Lot Size Area: 3049.0000 Square Feet
  • Maintenance Expense: 3200.00
  • Net Operating Income: 93961.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 46301.00
  • Other Expense: 500.00
  • Rent Control: Yes
  • Total Expenses: 7611.00

Tax Info

  • Tax Block: 109
  • Tax Census Tract: 995.11
  • Tax Lot: 17
  • Tax Tract Number: 115
  • TaxOtherAnnualAssessmentAmount: 1.10

Map

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
06/02/2025 06/02/25 Price Changed $2,950,000 -1.7% $1,005 / Sq Ft
02/28/2025 02/28/25 Price Changed $3,000,000 0.0% $1,022 / Sq Ft
02/24/2025 02/24/25 Rented $2,750 0.0% --
02/20/2025 02/20/25 Price Changed $3,150,000 0.0% $1,073 / Sq Ft
02/08/2025 02/08/25 For Rent $2,750 0.0% --
02/08/2025 02/08/25 For Sale $3,250,000 -- $1,107 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25029320

California Regional Multiple Listing Service (CRMLS)

APN: 199-043-04