1505 Ocean Avenue

    Seal Beach, CA 90740
    • $1,550,000
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: PW19205232
    Price Reduced
    UPDATED: 41 min ago
    $1,550,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,487
      SQFT
    • $623
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    1505, 1507 and 1509 Ocean Avenue. Family home for two generations. Wonderful upstairs (owners unit) is 3 bedroom, 2 bath with fireplace, formal dining room and large private outside deck. Beautiful hardwood floors. Ground level private formal entry with stairs leading to the living area. Master with private bath. Natural light throughout. French doors open to a roof top deck with peekaboo views. This unusually large outside deck area could be an extension of the entertainment space directly connected to the unit. Double garage below plus apron for 3rd vehicle. Laundry hook ups for owners unit in the garage. Units are both ground level 1 bedroom i baths. The smaller of the two has a wood burning fireplace. and small patio. The larger of the two is in front and faces the street. Long term tenants on month to month agreements in all three units. Property has just been completely re piped. Central courtyard or common area is shared. This property will appeal to both an owner occupant possibility wanting a beach house with an income offset or an investor wanting a highly desirably prime beach community. Some upgraded vinyl clad windows. Great Old Town location. Walk to Main Street, the pier and of course just across the street from the the beach. This is a great opportunity for someone. Upstairs unit 1,152 sqft, front unit 760 sqft and middle unit 575 sqft according to previous appraisal.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T23:32:41.377. 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 RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/98453925

    1505 Ocean Avenue Seal Beach, CA 90740

    • Price: $1,550,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: PW19205232
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,487
    SQFT
    $623
    $/SQFT
    1938
    Built
    Neighborhood:
    Old Town (Oldt)
    County:
    Orange
    Area:
    1A - Seal Beach
    Property Description
    1505, 1507 and 1509 Ocean Avenue. Family home for two generations. Wonderful upstairs (owners unit) is 3 bedroom, 2 bath with fireplace, formal dining room and large private outside deck. Beautiful hardwood floors. Ground level private formal entry with stairs leading to the living area. Master with private bath. Natural light throughout. French doors open to a roof top deck with peekaboo views. This unusually large outside deck area could be an extension of the entertainment space directly connected to the unit. Double garage below plus apron for 3rd vehicle. Laundry hook ups for owners unit in the garage. Units are both ground level 1 bedroom i baths. The smaller of the two has a wood burning fireplace. and small patio. The larger of the two is in front and faces the street. Long term tenants on month to month agreements in all three units. Property has just been completely re piped. Central courtyard or common area is shared. This property will appeal to both an owner occupant possibility wanting a beach house with an income offset or an investor wanting a highly desirably prime beach community. Some upgraded vinyl clad windows. Great Old Town location. Walk to Main Street, the pier and of course just across the street from the the beach. This is a great opportunity for someone. Upstairs unit 1,152 sqft, front unit 760 sqft and middle unit 575 sqft according to previous appraisal.
    Exterior Features

    Garage Spaces 2.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Living RoomWood Burning Fireplace YN Yes Heating Wall Furnace Heating YN Yes Laundry Features In Garage

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features BikingCurbsSidewalksStorm DrainsStreet LightsSuburban Country Us Electric Expense 1064.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 5475.00 Gross Scheduled Income 5475.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 5075.00 New Construction YN No New Taxes Expense 20625.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 400.00 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Old Town (Oldt) Total Actual Rent 5475.00 Total Expenses 27725.00 Trash Expense 0.00 Water Sewer Expense 2159.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Craig Smith of Coldwell Banker Coastal Alliance


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T23:32:41.377. 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 RE/MAX Masters. Licensed in the State of California, USA.
     
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    Covina CA, 91723