244 5th Street Seal Beach, CA ^$ 3,699,000

244 5th Street

^$ 3,699,000

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Recently Listed

244 5th Street

Seal Beach, CA, 90740

^$ 3,699,000

Bedrooms7 Baths4.0 Sq 4,058

Monthly Estimate*

^$ 25,839

Listed by LB Brokerage, Inc

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Multi-Family Home for sale in Seal Beach, CA

for $3,699,000 with 7 bedrooms and 4 full baths. This 4,058 square foot home was built in 1961 on a lot size of 0.1012.

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

Multi-Family Active

Price

^$ 3,699,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1012

Year Built

1961

Town/City

Seal Beach

County/Region

Orange

MLS | Web ID

PW24081333

Days on Market

Features

General

Sewer PublicSewer

Possession CloseOfEscrow

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1961

Stories 2

Levels Two

Property SubType MixedUse

Gross Income 145200.0

Community Features Curbs DogPark Fishing StreetLights Suburban

County Orange

Net Operating Income 85440.0

Operating Expense 59760.0

Insurance Expense 1575.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Old Town (OLDT)

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions PCH to 1st Street to Electric

City Seal Beach

Entry Location Side

View Y/N N

Senior Community Y/N N

Open Parking Spaces 5.0

Total Units 6

MLS Area 1A - Seal Beach

Lot Size Square Feet 4409.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 6

Street Name 5th Street

Listing Terms CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 480.0

Home Warranty Y/N N

Current Financing Conventional

Trash Expense 1500.0

Water Sewer Expense 1500.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 3

Building Area Units SquareFeet

Standard Status Active

Year Built Source Other

Tax Lot 44

Total Actual Rent 145200.0

Property Sub Type Additional MixedUse

Exterior

Parking Features Private OneSpace

Lot Features Item610UnitsAcre

Water Source Public

Total Parking 5.0

Lot Size Area 4409.0

Number of Buildings 1

Spa N

Building Area Total 4058.0

Lot Size Acres 0.1012

Lot Size Units SquareFeet

Lot Size Source Other

Number of Separate Water Meters 1

Number of Separate Gas Meters 7

Number of Separate Electric Meters 7

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 244

* Excluded Features

List By

Lb Brokerage, Inc

Broker

(562) 434-9911

Phone

Affordability Calculator

$25,839

Per Month

Monthly Principal & Interest: $25,839
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Seal Beach, CA

Average List Price ^$3,078,800

Percent of Sale Price 17%

About Seal Beach, CA

24,977 Population

2% Since 2002

^$66,084 Median Income

60.66 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/27/2024	$3,699,000		Listed Price

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244 5th Street, Seal Beach, CA, 90740 is a Multi-Family Home for sale at $3,699,000 with 4,058 sqft and a lot size of 0.1012. 244 5th Street has 7 bedrooms, 4.0 baths, and was built in 1961. The property's zip code is 90740 which is in Seal Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. 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.

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244 5th Street

Multi-Family Home for sale in Seal Beach, CA

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