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244 5th Street

Seal Beach, CA 90740
  • $3,188,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: PW25045362
$3,188,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Larry Boren of LB Brokerage, Inc (562-434-9911)


Description

Rare 6 unit apartment building with separate individual patios, upstairs unit has partial beautiful views of ocean/beach, laundry room, 5 parking spaces in rear of building with alley access (each unit except studio gets one parking space). Located on one of the prime locations in Seal Beach--across the street from parks, a few blocks to beach and Main Street shopping, Dining and Seal Beach Pier. Surrounded by custom homes provides the tenants in this building with high end Seal Beach living. Separate meters for the apartments with all remodeled units with laminated flooring & carpeting, newer paint, kitchens opened up to living rooms, with tenants staying long term. Long term pride of ownership and condition makes this worth considering. 5 parking spaces in rear. Owner will carry 2nd. Decks inspected and repaired with 5 year warranty per new law

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160994820
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244 5th Street Seal Beach, CA 90740

  • Price: $3,188,000
  • Status: Active
  • On Site: 17 Days
  • ID#: PW25045362
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1961
Built
Neighborhood:
Old Town (Oldt)
County:
Orange
Area:
1A - Seal Beach
Property Description
Rare 6 unit apartment building with separate individual patios, upstairs unit has partial beautiful views of ocean/beach, laundry room, 5 parking spaces in rear of building with alley access (each unit except studio gets one parking space). Located on one of the prime locations in Seal Beach--across the street from parks, a few blocks to beach and Main Street shopping, Dining and Seal Beach Pier. Surrounded by custom homes provides the tenants in this building with high end Seal Beach living. Separate meters for the apartments with all remodeled units with laminated flooring & carpeting, newer paint, kitchens opened up to living rooms, with tenants staying long term. Long term pride of ownership and condition makes this worth considering. 5 parking spaces in rear. Owner will carry 2nd. Decks inspected and repaired with 5 year warranty per new law
Exterior Features

Entry Level 1 Entry Location Side Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 7 Open Parking Spaces 5 Parking Features PrivateOne Space Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsDog ParkFishingStreet LightsSuburban Current Financing Conventional Electric Expense 480 Fuel Expense 0 Garage YN No Gross Income 145200 Gross Scheduled Income 146040 Insurance Expense 1575 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 85440 New Construction YN No Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 59760 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 12050 Trash Expense 1500 Vacancy Allowance Rate 1 Water Sewer Expense 1500 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Larry Boren of LB Brokerage, Inc (562-434-9911)