1203 Seal Way Seal Beach, CA 90740
- Commercial real estate
- 2,192 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1203 Seal Way
- Year built
- 1944
- Property size
- 2,192 SF
- Property type
- Commercial real estate
- APN
- 199-075-02
Description
This exceptional investment opportunity presents a charming, well-maintained beachfront duplex in Seal Beach, California. Built in 1944, this 2,192 square foot property boasts two spacious 3-bedroom, 1-bathroom units, each with a private patio offering stunning ocean views. The duplex sits on a 2,700 square foot lot and includes two private one-car garages. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $59,518, representing a 1.70% cap rate. Located at 1203 E Seal Way, Seal Beach, CA 90740, this property offers direct beach access and is steps away from the Seal Beach Pier and Main Street's vibrant shops and restaurants. The asking price is $3,500,000, translating to $1,596.72 per square foot. This rare opportunity, first on the market in 25 years, presents a unique chance to own a piece of Seal Beach history in a highly sought-after coastal location. The property's prime location and strong rental income potential make it an attractive investment for discerning buyers. This is a must-see for those seeking a lucrative beachfront property in Southern California.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seal Beach
- County
- Orange
- State
- California
- Longitude
- -118.10335954318
- Latitude
- 33.738111322982
