320 7th Street

Seal Beach, CA 90740

  • 0 Bed(s)
  • 0 Bath(s)
  • 5,014 Sqft
  • 5227
    Sqft(Lot)
$3,150,000

Description

Extremely rare opportunity to own an 8 unit apartment in the highly sought after coastal community of seal beach, orange county. the seal beach lifestyle offers award winning school districts and exceptional recreation and life-style opportunities. this equates to a strong rental market. this property has 5 one bedroom/one bath units, 2 two bedroom/1 bath units, and 1 three bedroom/one bath unit. most tenants are long term residents. actual rents total $16,899 per month which equals a 15.5 grm. potential rents based on the average rentometer analysis equals $23,460 per month, for a 11.2 grm. this could be a potential 38% increase over current rents. the property also has four coveted enclosed garages rented separately.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    47313370

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Flat
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1956
    • Building Area Total: 5,014
    • Construction: Stucco
    • Roof: Flat

    Foundation

    • Slab

    Pool Features

    • None

    Laundry Features

    • Common Area

    Fencing

    • Average Condition

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.12
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5227

  • Listing Price Information

    • Original List Price: 3,150,000
    • Listing Contract Date: 2024-10-13

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 04311124

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas,Telephone

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 1A - Seal Beach
    • Postal Code Plus 4: 6166
    • Directions: On 7th St., south of Pacific Coast Hwy
    • Zoning: R-3
    • Source Property Type: Residential Income
    • Area: 1A - Seal Beach
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 68
    • Common Walls: No Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: side
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/23/2024 @ 07:06

  • MLS: PW24212470
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 5,014 sqft, 5,227 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Seal Beach , in zip code 90740, this Orange County Home are nearby neighborhoods.