320 7th StreetSeal Beach, CA 90740
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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.
a month ago | Status changed to Pending | |
a month ago | Listing updated with changes from the MLS® | |
a month ago | Listing first seen on site |
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