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1521 Marine Ave
Seal Beach, CA 90740

$2,000,000 USD

Apartments For Sale  •  2,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,400 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1953
  • Zoning R3
20 Transit Score
50 Walk Score

Highlights

4-Unit Multifamily Property in Seal Beach | Well-Configured Unit Mix: (1) 1-Bed/1-Bath, (3) Studios
Located on a Small, Quiet Residential Street Just 3 Blocks from the Beach | Less Than 1/2 Mile to Main Street Retail, Dining, and Amenities
Strong Current Income w/ Rental Upside | 2.76% CAP & 21.23 GRM | 3.60% Market CAP & 17.92 Market GRM
Approximately 2,400 SF of Rentable Space on a 2,178 SF Lot | Bottom Unit Equipped w/ 2-Car Garage & On-Site Laundry
Detached Structure for Storage w/ Fireplace
Excellent Investment Opportunity in a Supply-Constrained Coastal Submarket

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 15 min - 10.8 mi
John Wayne/Orange County 23 min - 16.3 mi
Los Angeles International 39 min - 29.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: AttachedGarage
Included in Rent: Yes
Brett Lyon 310-780-1899 Lyon Stahl Investment Real Estate, Inc.
Brett Lyon 310-780-1899 Lyon Stahl Investment Real Estate, Inc.