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$3,150,000
41 Days On Site

320 7th Street
Seal Beach, CA 90740

For Sale|Apartment|Pending
0
Beds
0
Full Baths
0
Partial Baths
5,014
SqFt
$628
/SqFt
1956
Built
Subdivision:
Old Town (OLDT)
County:
Orange
Listed by W. Kurt Wood of Belmont Brokerage & Mgmt. INC. [email protected]

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320 7th Street320 7th Street320 7th Street320 7th Street
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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.

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Listing Snapshot
Price 
$3,150,000
Days On Site 
41 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,014 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1956
MLS® Number 
PW24212470
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Pending
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.12
Disclosures 
Rent Control
Foundation 
Slab
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
4
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5014
Stories 
Two
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R-3
Interior Features
Fireplace Features 
None
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Stucco
Lot Features 
Level
Pool Features 
None
Road Frontage 
City Street
Roof 
Flat
View 
None
Waterview 
None
Community Features
Building Access 
side
Community Features 
Suburban
Financing Terms Available 
Cash
MLS Area 
1A - Seal Beach
Roads 
Paved


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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ADDRESS

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Address:

EXP REALTY OF SOUTHERN CALIFORNIA, INC. CA DRE#02187306

10620 Treena St, Ste 230
San Diego, CA 92131

Tom Olsewski – DRE#01442461