NOT LISTED FOR SALE

303 Seal Beach Blvd Seal Beach, CA 90740

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

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

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 473750
  • 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
  • Vacancy Allowance: 5002

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

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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tyler Leeson

    Seller's Agent in 2023

    Tyler Leeson

    Marcus & Millichap RE Invest

    (949) 419-3200

    1 in this area

    144 Total Sales

    Tyler Leeson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22233061

California Regional Multiple Listing Service (CRMLS)

California Orange County Seal Beach 90740

303 Seal Beach Blvd, Seal Beach, CA

This home is located at 303 Seal Beach Blvd, Seal Beach, CA 90740 since 31 October 2022. This property was built in 1958. 303 Seal Beach Blvd is a home located in Orange County with nearby schools including J. H. Mcgaugh Elementary School, Jack L. Weaver Elementary School, and Sharon Christa Mcauliffe Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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