Seller's Agent in 2025
Rick Applebaum
Morgan Skenderian
(949) 251-8800
1 in this area
67 Total Sales
219 10th St Seal Beach, CA 90740
3
Beds
2
Baths
5,394
Sq Ft
5,873
Sq Ft Lot
Highlights
- No HOA
- Park
- Ceiling Fan
- J. H. Mcgaugh Elementary School Rated A
- Laundry Room
- 4-minute walk to Electric Avenue Median Park
About This Home
As of May 2025Discover a prime investment opportunity with these 7 multifamily units located just one block from Main Street in beautiful Seal Beach. This sought-after location offers easy access to an amazing beach and ocean, vibrant array of restaurants, shops, and the iconic Seal Beach Pier, all within walking distance. Ownership has actively maintained the property and boasts capital improvements that include a recent seismic retrofit of the carports enhancing the structural integrity of the building, SB721 compliance, while also being certified lead-based paint free providing peace of mind for all. With a diverse unit mix of (4) one-bedroom and (3) two-bedroom apartments, plus (9) dedicated parking spaces comprised of carports and open parking, this property is designed for modern living. The projected rental upside of 42% presents a lucrative opportunity for investors looking to maximize returns. Enjoy the benefits of a Walk Score of 92, highlighting the area's walkability, and relish the proximity to the beach, only 2 blocks away. Don’t miss out on this exceptional investment in a highly desirable location!
Last Agent to Sell the Property
Morgan Skenderian Brokerage Email: rma@morganskenderian.com License #01273871 Listed on: 03/10/2025
Co-Listed By
Morgan Skenderian Brokerage Email: rma@morganskenderian.com License #01942627
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Lot Details
- 5,873 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,394 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Vinyl Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 5 Open Parking Spaces
- 9 Parking Spaces
- 4 Carport Spaces
Utilities
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 19 / 109
- Tax Tract Number 115
- Assessor Parcel Number 19904303
- $3,752 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 7 Units
- Old Town Subdivision
Amenities
- Laundry Facilities
Recreation
- Park
- Dog Park
- Bike Trail
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $323
- Fuel Expense $1,613
- Gardener Expense $2,209
- Insurance Expense $5,688
- Maintenance Expense $6,791
- Other Expense $500
- Water Sewer Expense $3,069
- New Taxes Expense $41,622
- Operating Expense $61,815
- Gross Income $175,020
- Net Operating Income $107,954
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
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Sold | $3,450,000 | +0.7% | $640 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $3,425,000 | -- | $635 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Rick Applebaum
-
Paul Espinosa
Seller Co-Listing Agent in 2025
Paul Espinosa
Morgan Skenderian
(714) 206-2688
1 in this area
36 Total Sales
-
Cindy Ludwig
C
Buyer's Agent in 2025
Cindy Ludwig
First Team Real Estate
(310) 849-8515
2 in this area
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25052344
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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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