$2,125,000
SOLD FEB 10, 2025

905 Ocean Ave Seal Beach, CA 90740

2 Beds
3 Baths
2,064 Sq Ft
2,750 Sq Ft Lot

Recently Sold

$1,030 Per Sq Ft

3% Below List Price

148 Days on Market

Highlights

  • Ocean Front
  • South Facing Home
  • 1-minute walk to Seal Beach Pier Playground
  • J. H. Mcgaugh Elementary School Rated A

About This Home

As of February 2025

Charming Mixed-Use Property in Seal Beach, CA - First Time on the Market in 25 Years!Presenting 905 Ocean Ave., a unique mixed-use property perfectly positioned in the heart of Seal Beach, CA. This versatile property, built in 1946, offers bothcommercial and residential opportunities, making it an exceptional investment in one of Southern California's most desirable coastal communities.The property features a storefront unit currently occupied by the beloved Bogart's Coffee Shop, a local favorite that has been serving the community from this locationfor over 20 years. Behind the caf, you'll find two well-maintained apartment units, offering a total of 2,064 square feet of living and commercial space spread across twobuildings on a 2,750 square foot lot.This prime location is directly across the street from the iconic Seal Beach Pier, giving it unparalleled visibility and foot traffic, especially with the area's strong touristappeal. The property is also part of Seal Beach's Main Street Specific Plan, which preserves the unique charm of the Old Town corridor, known for its eclectic mix ofshops, restaurants, and entertainment.Additional features include a two-car garage, a convenient laundry room, and the rare distinction of being one of the few buildings in this historic area that faces boththe beach and the ocean. Whether you're looking to continue running it as an income-generating investment property or occupy one of the residential units whileenjoying rental income from the commercial space and the other apartment, this property offers endless possibilities.Priced at $2,200,000, this is a rare opportunity to own a piece of Seal Beach history and become part of a vibrant, thriving community.

Last Agent to Sell the Property

David Estrada

Marcus & Millichap License #01989906 Listed on: 08/16/2024

Last Buyer's Agent

David Estrada

Marcus & Millichap License #01989906 Listed on: 08/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,054

Year Built

  • Built in 1946

Lot Details

  • 2,750 Sq Ft Lot
  • Ocean Front
  • South Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Property has ocean access
  • Beach Access

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water, trash collection
  • Assessor Parcel Number 199-044-20

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,054

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 2064
  • Lot Acreage: 0.0600
  • Probate: No
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Common Walls: Attached
  • Laundry: Outside
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 1065.89

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Attached

Lot Info

  • Assessed Improvement Percent: 29.43
  • Assessed Improvement Value: 246436
  • Assessed Land Percent: 70.57
  • Assessed Land Value: 590925
  • Total Assessed Value: 837361
  • Assessor Parcel Number: 199-044-20
  • Lot Description: 2-4 Lots
  • Lot Location: Alley Access, Beach Access, Ocean Front, Ocean Access
  • Lot Size Area: 2750

Rental Info

  • Total Actual Rent: 99516.00
  • Land Lease Type: Fee
  • Monthly Gross Income: 5255.00
  • Tenant Pays: Electricity, Gas, Water, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 22.11
  • Number Of Units: 3
  • Total Annual Expense: 36457
  • Type Of Units: MF & Retail
  • Vacancy Rate: 0

Tax Info

  • Tax Rate: 1.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Jan 24, 2025
Sold by
White Family Intervivos Trust and White Peter
Bought by
Nguyen-Lam Family Trust and Nguyen
Seller's Agent
David Estrada
Marcus & Millichap
Buyer's Agent
David Estrada
Marcus & Millichap
List Price
$2,200,000
Sold Price
$2,125,000
Premium/Discount to List
-$75,000
-3.41%
Views
83
Current Estimated Value
$2,155,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,647
Avg. Annual Appreciation
0.92%

Purchase Details

Closed on
Jan 24, 2019
Sold by
White Peter and White Susan
Bought by
White Peter and White Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2006
Sold by
White Peter and White Susan
Bought by
White Peter and White Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2006
Sold by
White Peter and White Susan
Bought by
White Peter and White Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2006
Sold by
White Peter and White Susan
Bought by
White Peter and White Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 1999
Sold by
Do Norman E Vinn and Vinn Marsha D
Bought by
White Peter and White Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
8.5%
Mortgage Type
Commercial
Source: Public Records

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    Section Image

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,337 Ticor Title Company
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $560,000 First Southwestern Title Co
Gift Deed -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $568,000 Adjustable Rate Mortgage/ARM
Previous Owner $630,000 Commercial
Previous Owner $575,000 Commercial
Previous Owner $393,750 Commercial
Previous Owner $86,139 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $2,125,000 -3.4% $1,030 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
08/16/2024 08/16/24 For Sale $2,200,000 -- $1,066 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $12,054 $871,190 $614,799 $256,391
2024 $12,054 $854,108 $602,744 $251,364
2023 $11,759 $837,361 $590,925 $246,436
2022 $11,598 $820,943 $579,339 $241,604
2021 $11,360 $804,847 $567,980 $236,867
2020 $11,352 $796,595 $562,156 $234,439
2019 $11,058 $780,976 $551,133 $229,843
2018 $10,614 $765,663 $540,326 $225,337
2017 $10,407 $750,650 $529,731 $220,919
2016 $10,222 $735,932 $519,344 $216,588
2015 $10,089 $724,878 $511,543 $213,335
2014 $9,855 $710,679 $501,522 $209,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-441920

The MLS

APN: 199-044-20