NOT LISTED FOR SALE

303 Seal Beach Blvd Seal Beach, CA 90740

1 Bed
1 Bath
4,125 Sq Ft
6,098 Sq Ft

Last Sold May 10, 2023

Last sale price $3,550,000 $861 Per Sq Ft

177 Days on Market

Highlights

  • Laundry Room
  • J. H. Mcgaugh Elementary School Rated A
  • Level Lot

About This Home

As of May 2023

303 Seal Beach Boulevard is an 8-unit multifamily investment property located in Seal Beach, CA. Situated on a 0.14-acre lot, 303 Seal Beach Boulevard offers exclusively one-bedroom floor plans and amenities including on-site laundry, security or screen doors, tile flooring, granite and tile countertops, dual-pane windows, private patios (select units), and ocean views. 303 Seal Beach Boulevard benefits from its unparalleled Seal Beach location just steps from Seal Beach and the Seal Beach Pier. The property is located within walking distance of the plethora of dining, retail, and entertainment options along Main Street. Additionally, the property is located within 1.30 miles of 2nd & PCH, a newly developed upscale retail destination that provides residents with convenient access to everyday needs. Additionally, the property is located within the nationally recognized Los Alamitos Unified School District and is zoned for residents to attend JH McGaugh Elementary School, McAuliffe Middle School, and Los Alamitos High School, all of which are over A rated schools. 303 Seal Beach Boulevard benefits from its close proximity to Pacific Coast Highway, placing residents moments from surrounding beach cities.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 10/31/2022

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 10/31/2022

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1958

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Level Lot

Interior Spaces

  • 4,125 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces

Listing and Financial Details

  • Legal Lot and Block 1 / 217
  • Tax Tract Number 10
  • Assessor Parcel Number 19906105
  • $3,850 per year additional tax assessments

Community Details

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Electric Expense $1,249
  • Fuel Expense $1,249
  • Insurance Expense $3,583
  • Maintenance Expense $4,800
  • Other Expense $8,490
  • Trash Expense $1,249
  • Water Sewer Expense $1,249
  • New Taxes Expense $42,190
  • Operating Expense $64,059
  • Gross Income $167,940
  • Net Operating Income $98,879

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1958

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1249.00
  • Zoning: C2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 19906105
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 860.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 11.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1249.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6098.40
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 1249.00
  • Fuel Expense: 1249.00
  • Gross Income: 167940.00
  • Gross Operating Income: 162938.00
  • Gross Scheduled Income: 166740.00
  • Insurance Expense: 3583.00
  • Lot Size Area: 0.1400 Acres
  • Maintenance Expense: 4800.00
  • Net Operating Income: 98879.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 64059.00
  • Other Expense: 8490.00
  • Other Expense Description: Misc
  • Other Income1: 1200.00
  • Other Income Description: Miscellaneous
  • Rent Control: Yes
  • Total Actual Rent: 13895.00
  • Total Expenses: 64059.00

Tax Info

  • New Taxes Expense: 42190.00
  • Tax Block: 217
  • Tax Census Tract: 995.12
  • Tax Lot: 1
  • Tax Tract Number: 10
  • TaxOtherAnnualAssessmentAmount: 3850.00
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $3,550,000 -6.3% $861 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $3,790,000 -- $919 / 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 $44,321 $3,693,420 $3,433,320 $260,100
2024 $44,321 $3,621,000 $3,366,000 $255,000
2023 $16,417 $1,114,528 $953,423 $161,105
2022 $16,156 $1,092,675 $934,728 $157,947
2021 $15,775 $1,071,250 $916,400 $154,850
2020 $15,707 $1,060,266 $907,003 $153,263
2019 $15,250 $1,039,477 $889,219 $150,258
2018 $14,607 $1,019,096 $871,784 $147,312
2017 $14,280 $999,114 $854,690 $144,424
2016 $13,987 $979,524 $837,931 $141,593
2015 $13,767 $964,811 $825,344 $139,467
2014 $13,416 $945,912 $809,176 $136,736
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22233061

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.