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1001 Ocean Avenue, Seal Beach, CA 90740

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1001 Ocean Avenue
Seal Beach, CA 90740

In Escrow / Under Contract: $4,999,000

Property Type: Commercial Apartments
MLS#: OC17264228

  • Building Size: 5020 SF
  • Lot Size: 5663 SF
  • Number of Units: 7
  • Number of Stories: 2
  • Year Built: 1956
  • Days on market: 358
  • Net Operating Income: $141,300
  • Rent Control: No
  • Contact Listing Agent Direct:
  • Sackin Team, Star Real Estate

Property Description

INCREDIBLY RARE OPPORTUNITY TO OWN 7 UNITS ON A DOUBLE LOT, JUST STEPS AWAY FROM THE SAND AND ONLY A BLOCK FROM MAIN ST. This location is extremely desirable and the entire CORNER LOT property is spectacular. 6 of the 7 units have amazing OCEAN VIEWS. The upstairs 2 bedroom/2 bath unit has been completely renovated with extremely high-end upgrades, has been opened up to enjoy beautiful sit-down views, and features an inside laundry room. 6 of the remaining units are 1 bedroom/1 bath and very well maintained. The upstairs unit and common areas of the building such as laundry room and lights are powered by solar. All units are individually metered for gas and electricity and each have their own water heater. 2 of the 7 water heaters are tankless. ADDITIONAL BONUSES include:4 single-car garages, nicely landscaped courtyard, outdoor patio, Culligan water softening unit and RO system for the upstairs 2-bedroom unit, AC and whole house fan for the upstairs 2-bedroom unit, updated electrical panel, more than half of the units with dual pane Milgard windows, new stainless railing that leads to the upstairs units, newly refinished decks, balconies and stairs, and so much more! Truly a pride of ownership. DO NOT MISS OUT!

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1001 Ocean Avenue, Seal Beach, CA 90740

Based on information from California Regional Multiple Listing Service, Inc. as of March 26, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Sackin Team, Star Real Estate

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