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    1011 Ocean Ave

    Seal Beach, CA 90740
    • $3,995,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 20-607574
    UPDATED: 22 min ago
    $3,995,000
    • 12
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,586
      SQFT
    • $715
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    Description

    The building contains all large three bedroom units, two of which are townhouse-style floorplans, adorned with top-of-the-line condominium-quality upgrades. The iconic boutiques, coffeeshops, ice cream parlors, surf shops, and local restaurants that line Main Street in Old Town Seal Beach are just one blockfrom the property, as is the longest pier in the South Bay.A new owner benefits from the thorough remodeling project recently completed at the property, which includes both major systems, such as the brand new roof, upgraded electric panels, and new HVAC units, as well as detailed interior amenities, such as the Carrera marble tile, decorative light fixtures, and high-end cabinetry. With spacious floorplans spanning an average of nearly 1,400 square feet, the units exude a high-end condominium feel. Luxurious lighting in the dining area illuminates large kitchen islands donning built-in ovens, microwaves, and cook tops, all surrounded by custom cabinets and deluxe appliances.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-03T21:42:54.717. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/108103134
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    1011 Ocean Ave Seal Beach, CA 90740

    • Price: $3,995,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 20-607574
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    5,586
    SQFT
    $715
    $/SQFT
    1973
    Built
    Neighborhood:
    Seal Beach
    County:
    Orange
    Area:
    Seal Beach
    Property Description
    The building contains all large three bedroom units, two of which are townhouse-style floorplans, adorned with top-of-the-line condominium-quality upgrades. The iconic boutiques, coffeeshops, ice cream parlors, surf shops, and local restaurants that line Main Street in Old Town Seal Beach are just one blockfrom the property, as is the longest pier in the South Bay.A new owner benefits from the thorough remodeling project recently completed at the property, which includes both major systems, such as the brand new roof, upgraded electric panels, and new HVAC units, as well as detailed interior amenities, such as the Carrera marble tile, decorative light fixtures, and high-end cabinetry. With spacious floorplans spanning an average of nearly 1,400 square feet, the units exude a high-end condominium feel. Luxurious lighting in the dining area illuminates large kitchen islands donning built-in ovens, microwaves, and cook tops, all surrounded by custom cabinets and deluxe appliances.
    Exterior Features

    Lot Size Area 5466 Other Structures None Parking Garage Garage Is Attached Patio Features BalconyPorch - Front Total Parking 8 View Description Other View YN Yes

    Interior Features

    Bathroom Features TileGraniteRemodeled Baths Total 8.00 Cooking Appliances MicrowaveOven Cooling Air ConditioningCeiling Fan Equipment Ceiling FanOtherAlarm SystemMicrowaveDishwasherGas Or Electric Dryer HookupWater PurifierWater Line To RefrigeratorRefrigeratorWasherRange/Oven Flooring MixedTileWoodMarble Heating Central Interior Features Common WallsLaundry - Closet StackedOpen Floor PlanOtherStorage SpaceTrack LightingTurnkeyRecessed Lighting Kitchen Features Counter TopIslandGourmet KitchenSkylight(S)RemodeledOpen To Family Room Laundry In Unit

    Property Features

    Assessed Total Value 257008 Gross Income 193080 Gross Operating Income 187288 Like Units1 2 Like Units2 2 Net Operating Income 126177.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Estimated Source Lot Size Area Estimated Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 61111 Type Of Units Residential Water Heaters YN Yes Year Built Source Estimated

    Listing provided courtesy of Roderick 'Rick' Raymundo DRE#01357019 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-03T21:42:54.717. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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