Seal Beach, CA 90740,1511 Ocean AVE

$1,160,000

Est. payment /mo

$1,175,000

1.3%
Est.Price: ?

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1511 Ocean AVE Seal Beach, CA 90740

2,500 SqFt

SOLD DATE : 04/10/2014

Key Details

Sold Price $1,160,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $464

Subdivision Old Town (Oldt)

MLS Listing ID PW13250804

Sold Date 04/10/14

HOA Y/N No

Year Built 1953

Tax Year 2012

Lot Size 3,833 Sqft

Acres 0.088

Property Description

This rarely available beach close Triplex is situated on a lot and a half. Ideally built for an owner who seeks to live the beach lifestyle while maintaining a rental income from the property. The Triplex consists of a detached 2 bed, 1 bath beach bungalow in the front with a 1 bed, 1 bath and another 2 bed, 1 bath apartment units in the rear. All of the units offer their own washing machine and dryers in addition to their own dishwashers. The entire building has a newer roof, upgraded electrical and plumbing in addition to double pane vinyl windows. The property offers (2) 1 car garages and another parking space behind the garage doors. Gross annual rental income for this property is $70,200 and each unit has separately metered utilities. Call today for a chance to own this unique beach close income property.

Location

State CA

County Orange

Area 1A - Seal Beach

Interior

Heating WallFurnace

Fireplace No

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, StreetLights, Sidewalks

Utilities Available SewerAvailable

Amenities Available Other

Total Parking Spaces 2

Private Pool No

Building

Lot Description Yard

Story 2

Entry Level Two

Water Public

Level or Stories Two

Others

Senior Community No

Tax ID 19908428

Acceptable Financing CashtoNewLoan

Listing Terms CashtoNewLoan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nat Ferguson • Ferguson Realty
Bought with Nat Ferguson • Ferguson Realty

Matt Peters

Broker Associate | License ID: 01984989

+1(626) 344-1956

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