Active
$3,000,000
8%
4 Units
4 Beds
4 Baths
2,936 Area(sq.ft.)
Lot: 3,049 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 4,000 | $ 4,000 | $ 4,200 |
| Unit 2 | 2 | 1 | 1 | No | $ 2,800 | $ 5,600 | $ 3,000 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,750 | $ 2,750 | $ 2,900 |
| 4 | 5 | 5 | $ 12,350 | $ 17,950 | $ 13,100 |
| MLS #: | PW25029320MR |
| Days On Market: | 301 |
| Listing Date: | February 8, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,022 |
| Price per unit: | $ 750,000 |
| Year Built: | 1958 |
Property Details
Nestled at 217 10th Street, this pristine 4-unit multifamily property offers tenants the pinnacle of modern upgrades and premium finishes. Each unit has been fully remodeled, showcasing coastal-inspired vinyl plank flooring, brand-new stainless steel appliances, and beautifully redesigned kitchens and bathrooms. Every residence is equipped with a new split A/C unit, while the building itself boasts a new roof, windows, tankless water heaters, upgraded electrical systems, and plumbing. Additionally, fresh community laundry machines have been installed for tenant use. What truly sets this property apart is its unbeatable location. Just steps from Seal Beach s sunlit shores and only a block from the famous Seal Beach Pier and Main Street, residents are at the heart of a bustling, vibrant neighborhood with a wide selection of shops and dining options. This sought-after locale ensures high demand and top rental rates. For investors, this turnkey property offers a rare opportunity for a low-maintenance investment with immediate rental income potential and long-term appreciation.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 7,611 |
| Net Operating Income: | $ 93,961 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
Detailed Map
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Income
