114 4th street, Seal Beach, CA 90740
- $3,775,000
- List Price
- $3,775,000
- Status
- ACTIVE
- MLS#
- PW26103583
- Year Built
- 1952
- Lot Size
- 7,312
- Acres
- 0.17
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 62
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
- Neighborhood
- Old Town (Oldt)
Property Description
Location ... Location.... Location...A great 6-unit property just steps from the sand in Old Town Seal Beach. Set on an oversized 7,312 sq ft lot spanning 2.5 lots. This well-located income property offers flexibility, strong rental appeal, and the chance to own in one of Southern California’s most desirable beach communities. Just blocks from the ocean, Main Street restaurants, coffee shops, boutiques, and the pier, the location alone makes this property truly special. The property consists of two separate buildings with five 1-bedroom units and one studio, all currently occupied. The front building features two larger units — one upstairs and one downstairs — both with washer and dryer hookups. The rear building includes four units with shared laundry facilities and open outdoor common areas. Five alley-access garages provide valuable parking, storage, or possible additional income potential. Whether you're looking for a long-term investment, a 1031 exchange opportunity, or a property with future flexibility, there are several possibilities to explore here. Live in one unit and collect income from the others, create a larger owner’s space in the front building, or explore future improvement opportunities over time including adding additional ADU'S. (Buyers should always verify zoning and future use possibilities with the City of Seal Beach.) Properties like this are hard to find — especially in a location where the beach, shopping, dining, and the relaxed coastal lifestyle are all just a short walk away.
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Additional Information
- Appliances
- Dishwasher
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Utility Room
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $154,278
- Operating Expense
- 13362
Listing courtesy of Listing Agent: Kim Kelly (kim@kimberlykelly.com) from Listing Office: Compass.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.