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$3,495,000   Price Analysis
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217 10th St
Seal Beach, CA 90740
5 bed 5 bath 3,399 SqFt ($1028/SqFt)
2,936SqFt lot. Built 1958
Listed 2023-12-07, Taxes $24,032
Ⓧ USDA Ineligible
due to price & location

near Seal Beach

217 10th Street is an immaculate 4-unit multifamily prperty that offers renters the ultimate in upgrades and high end finishes.

All interiors have received complete remodels and renovations including coastal style vinyl/plank flooring, all new stainless-steel appliances and beautifully redone kitchens and bathrooms. Each unit is provided a brand-new split A/C unit and the property has a new roof, new windows, new tankless water heaters, new electrical systems, upgraded plumbing and brand new community laundry machines for the tenants to use. However, the true allure lies in its prime location, making it a standout residence.

Just steps away from the sun-kissed sands of Seal Beach and a mere block from the iconic Seal Beach Pier and Main Street, residents enjoy proximity to a vibrant array of shops and eateries along this picturesque strip. This access to entertainment keeps these rentals constantly in demand and tenants always willing to pay maximum rent levels. The combination of location and quality is an attractive option for the investor looking for a low maintenance, hassle free, turnkey property that can immediately generate income and continue long term appreciation.


Presented by Rick Applebaum at
Morgan Skenderian.


Property MLS #PW23222508 from CRMLS

Bedrooms: 5

Laundry Features: Common Area

Full Bathrooms: 5

Lot Description: Rectangular Lot
Lot Size Acres: 0.0674013
Lot Size Source: Assessor
Lot Size Square Feet: 2936

Garage Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 4

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Maintenance Expense: 3200.00

Rent Control: Yes

Community Features: Curbs, Gutters, Sidewalks

Source Listing Status: Active
County: Orange
Other Expense: 500.00
Source Property Type: Residential Income
Insurance Expense: 1676.00
Area: 1A - Seal Beach
Source Neighborhood: Old Town (OLDT)
New Taxes Expense: 38578.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 19904304
Postal Code Plus 4: 6463
Subdivision: Old Town (OLDT)
Trash Expense: 744.50
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$144,377 + $1,830,188
$1,974,565
$24,032
2021$141,547 + $1,794,302
$1,935,849
$23,490
2020$135,261 + $68,669
$203,930
$4,188
2019$132,609 + $67,323
$199,932
$4,076
2018$130,009 + $66,003
$196,012
$3,922
2017$127,460 + $64,709
$192,169
$3,829
2016$124,961 + $63,440
$188,401
$3,745
2015$123,084 + $62,488
$185,572
$3,673
2014$120,673 + $61,264
$181,937
$3,575
2013$120,128 + $60,987
$181,115
$3,525
2012$117,773 + $59,791
$177,564
$3,376
2011$115,464 + $58,619
$174,083
$3,224
2010$114,602 + $58,180
$172,782
$3,116
2009$114,875 + $58,319
$173,194
$3,007
2008$112,623 + $57,176
$169,799
$2,855
2007$110,415 + $56,055
$166,470
$2,746

Listed 2023-12-07
$3,495,000
CRMLS
Listing removed 2022-10-12
$0
CRMLS
Relisted 2022-08-06
$3,420,000
CRMLS
Listing removed 2022-07-24
$0
CRMLS
Price Changed 2022-07-15
$3,420,000
CRMLS
Listed 2022-01-09
$3,500,000
CRMLS
Sold 2020-01-10
$1,900,000
CRMLS
Sold 1978-02-23
$195,000
Public Record

Net Operating Income: 91257.00

Total Square Feet Living: 3399
Year Built: 1958
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 66
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric Expense: 744.50
Sewer: Sewer: Public Sewer, Water Sewer Expense: 744.50
Water Source: Public

J. H. Mcgaugh Elementary School is a public elementary school located approximately 0.6 miles away.
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Los Alamitos High School is a public high school located approximately 5.2 miles away.
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Sharon Christa Mcauliffe Middle School is a public middle school located approximately 5.3 miles away.
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Bay Shore School is a private elementary, middle and high school located approximately 2.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.