$2,550,000
SOLD DEC 23, 2025

244 5th St Seal Beach, CA 90740

7 Beds
6 Baths
4,058 Sq Ft
4,408 Sq Ft Lot

Recently Sold

$628 Per Sq Ft

20% Below List Price

237 Days on Market

Highlights

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

About This Home

As of December 2025

Rare 6 unit apartment building with separate individual patios, upstairs unit has partial beautiful views of ocean/beach, laundry room, 5 parking spaces in rear of building with alley access (each unit except studio gets one parking space). Located on one of the prime locations in Seal Beach--across the street from parks, a few blocks to beach and Main Street shopping, Dining and Seal Beach Pier. Surrounded by custom homes provides the tenants in this building with high end Seal Beach living. Separate meters for the apartments with all remodeled units with laminated flooring & carpeting, newer paint, kitchens opened up to living rooms, with tenants staying long term. Long term pride of ownership and condition makes this worth considering. 5 parking spaces in rear. Decks inspected and repaired with 5 year warranty per new law

Last Agent to Sell the Property

Larry Boren

LB Brokerage, Inc Brokerage Phone: 562-900-3888 License #00605203 Listed on: 03/01/2025

Last Buyer's Agent

Kimberly Kelly

Compass License #00813127

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 4,409 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 4,058 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Private Parking
  • Parking Lot

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 115
  • Assessor Parcel Number 19902304

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Dog Park

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Gardener Expense $660
  • Insurance Expense $1,575
  • Trash Expense $1,500
  • Water Sewer Expense $1,500
  • Gross Income $145,200
  • Net Operating Income $85,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

4,409 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Old Town (OLDT)
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 19902304
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 628.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Private
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Fishing, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 4409.00
  • Lot Size Acres: 0.1012

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 145200.00
  • Gross Scheduled Income: 146040.00
  • Insurance Expense: 1575.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 100.00
  • Lot Size Area: 4409.0000 Square Feet
  • Net Operating Income: 85440.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 59760.00
  • Rent Control: No
  • Total Actual Rent: 12650.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • Tax Lot: 44
  • Tax Tract Number: 115
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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 List to Sale Price per Sq Ft
12/23/2025 12/23/25 Sold $2,550,000 -1.9% $628 / Sq Ft
11/17/2025 11/17/25 Price Changed $2,600,000 -7.0% $641 / Sq Ft
10/24/2025 10/24/25 Pending -- -- --
09/08/2025 09/08/25 Price Changed $2,795,000 -3.2% $689 / Sq Ft
06/28/2025 06/28/25 Price Changed $2,888,000 -3.3% $712 / Sq Ft
04/03/2025 04/03/25 Price Changed $2,988,000 -6.3% $736 / Sq Ft
03/01/2025 03/01/25 For Sale $3,188,000 -- $786 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,120 $1,073,117 $889,462 $183,655
2024 $9,120 $533,596 $363,724 $169,872
2023 $8,868 $523,134 $356,592 $166,542
2022 $8,703 $512,877 $349,600 $163,277
2021 $8,493 $502,821 $342,745 $160,076
2020 $8,431 $497,666 $339,231 $158,435
2019 $8,195 $487,908 $332,579 $155,329
2018 $7,865 $478,342 $326,058 $152,284
2017 $7,684 $468,963 $319,664 $149,299
2016 $7,521 $459,768 $313,396 $146,372
2015 $7,391 $452,862 $308,688 $144,174
2014 $7,198 $443,992 $302,642 $141,350
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25045362

California Regional Multiple Listing Service (CRMLS)
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