Property Details
About this Property
Extremely rare opportunity to own an 8 unit apartment in the highly sought after coastal community of Seal Beach, Orange County. The Seal Beach lifestyle offers award winning school districts and exceptional recreation and life-style opportunities. This equates to a strong rental market. This property has 5 one bedroom/one bath units, 2 two bedroom/1 bath units, and 1 three bedroom/one bath unit. Most tenants are long term residents. Actual rents total $16,899 per month which equals a 15.5 GRM. Potential rents based on the average RentOmeter analysis equals $23,460 per month, for a 11.2 GRM. This could be a potential 38% increase over current rents. The property also has four coveted enclosed garages rented separately.
MLS Listing Information
MLS #
CRPW24212470
MLS Source
California Regional MLS
Interior Features
Cooling
None
Exterior Features
Roof
Flat
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 4 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
320 7th St is a Residential Income in Seal Beach, CA 90740. This – square foot property sits on a 5,227 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,100,000 and was built in 1956. This address can also be written as 320 7th St, Seal Beach, CA 90740.
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This listing information is up-to-date as of December 20, 2024. For the most current information, please contact W. Kurt Wood, (562) 437-3581
