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    1011 Ocean Avenue

    Seal Beach, CA 90740
    • $3,587,000
    • STATUS: Closed
    • ON SITE: 65 days
    • ID#: 20607574
    Sold - 09/07/2020
    $3,587,000
    SOLD - 09/07/2020
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    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.

    Sold by Terryl Hess of Home Financing Inc.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-26T09:28:55.973. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/108106379
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    1011 Ocean Avenue Seal Beach, CA 90740

    • Price: $3,995,000
    • Status: Closed
    • Updated: 16 min ago
    • ID#: 20607574
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1973
    Built
    Neighborhood:
    1A - Seal Beach
    County:
    Orange
    Area:
    1A - 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 Dimensions 50X110 Lot Size Source Estimated Lot Size Units Square Feet

    Interior Features

    Appliances DishwasherMicrowaveRefrigeratorWater PurifierOven Appliances YN Yes Flooring TileWood Heating Central Heating YN Yes Interior Features Open FloorplanStorageTrack LightingRecessed Lighting

    Property Features

    Country Us Gross Income 193080.00 Gross Multiplier 20.69 Gross Operating Income 187288.00 Net Operating Income 126177.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 61111.00

    Listing provided courtesy of Roderick 'Rick' Raymundo of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-26T09:28:55.973. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731