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Sq.Ft. Lot3,049
Year1958
Status:
Sold
Property Type:Quadruplex
MLS #:NP19181966
Date Sold:1/10/2020
Lot Size:3,049 Sq. Ft.
County:Orange
Listing Agent/Office
Agent:Nancy Barfield
Office:Villa Real Estate
Quadruplex in the heart of Old Town. Great opportunity to live in one and have rental income or lease all 4 units. Front unit has access to the two car garage and front patio area. 2 bedroom 1 bathroom with a large living room nice size master bedroom and good storage. Beamed ceilings throughout with laminate floors, carpet in bedrooms, walk-in closet. Downstairs back unit kitchen has fnewer tile, double sink, 5 burner cooktop, Maytag double oven. Beamed ceilings, newer laminate floor in the bathroom, nice bedroom with window blinds, 3 closets in the bedroom. 3rd unit has newer grey carpet, large windows, wood beamed ceilings. Bathroom has newer flooring, decorator medicine cabinet. Bedroom is nice size with 2 closets. 4th Unit has wood beamed ceilings, fan light,wood laminate flooring, linoleum bathroom floor, bar to kitchen area. Coin operated good size laundry room. Close to eclectic shopping on Main Street, restaurants, and a walk to the Seal Beach Pier and beaches. This two-story building is simple to operate and offers an opportunity for additional income with upside in the rents. Two of the units have long time tenants. Close to the freeways 405, 605 and large shopping malls.
Detailed Maps
Community Information
Address:217 10th St #4, Seal Beach, CA 90740
Area:1A - Seal Beach
County:Orange
City:Seal Beach
Subdivision:Old Town (Oldt)
Zip Code:90740
Architecture
Unit Number:#4
Year Built:1958
Stories:2
Construction Materials: Stucco
Number of Buildings: 1
Total Units: 4
Stories Total: 2
Unit 1: 1 Unit•2 Beds•2 Baths•Unfurnished•$2,495 actual rent•$29,940 total rent•$2,595 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,595 actual rent•$19,140 total rent•$1,695 pro forma
Unit 3: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,395 actual rent•$16,740 total rent•$1,775 pro forma
Unit 4: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,300 actual rent•$15,600 total rent•$1,695 pro forma
Foundation: Slab
Garage Spaces: 2.0
Parking Total: 2.0
Features / Amenities
Interior Features: Beamed Ceilings, Tile Counters, Galley Kitchen
Appliances: Dishwasher, Disposal
Fireplace Features: Dining Room, Kitchen, Living Room, Master Bedroom, Outside
Flooring: Carpet, Laminate, Vinyl
Laundry: Common Area, Laundry Room
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Common Walls: 2+ Common Walls
Heating: Forced Air, Wall Furnace
Rooms
| Living Room |
| Laundry |
| Kitchen |
| Kitchen |
Property Features
Lot Size:
0.07 Acres / 3,049 Sq. Ft.
Lot Features: NearPark, Near Public Transit, Walkstreet
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Road Frontage: City Street
Road Surface: Paved
Directions:PCH to Electric to 17th Street north one way street
Tax and Financial Info
Buyer Financing: Cash
Gross Income: $81,420
Gross Scheduled Income: $80,820
Net Operating Income: $55,832
Electric Expense: $2,600
Gardener Expense: $900
Insurance Expense: $1,590
Maintenance Expense: $14,572
New Taxes Expense: $291,875
Operating Expense: $24,988
Terms: Cash
Schools
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Based on information from California Regional Multiple Listing Service, Inc. as of February 2, 2023. 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. IDX provided by Sierra Interactive.