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$2,000,000
Est. payment /mo
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Old Town (Oldt)
MLS Listing ID SB26071264
HOA Y/N No
Year Built 1950
Lot Size 2,178 Sqft
Property Sub-Type Quadruplex
Property Description
Located on a small, quiet residential street in Seal Beach, 1521 Marine Ave presents a well-positioned 4-unit multifamily opportunity just three blocks from the beach and less than half a mile from the retail and dining along Main Street. The property consists of one 1-bedroom / 1-bath unit and three studio units, totaling approximately 2,400 square feet of rentable space on a 2,178 square foot lot.
The asset offers strong current income with clear rental upside as units trend toward market levels. Additional improvements include a detached 2-car garage with on-site laundry, along with a detached storage structure featuring a fireplace, providing added utility and flexibility.
With its premier coastal location, quiet neighborhood setting, and proximity to local amenities, the property benefits from consistent tenant demand. This offering presents an attractive opportunity for investors seeking stable income and long-term appreciation in a highly desirable, supply-constrained beachside submarket.
The asset offers strong current income with clear rental upside as units trend toward market levels. Additional improvements include a detached 2-car garage with on-site laundry, along with a detached storage structure featuring a fireplace, providing added utility and flexibility.
With its premier coastal location, quiet neighborhood setting, and proximity to local amenities, the property benefits from consistent tenant demand. This offering presents an attractive opportunity for investors seeking stable income and long-term appreciation in a highly desirable, supply-constrained beachside submarket.
Location
State CA
County Orange
Area 1A - Seal Beach
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Garage Faces Front
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 19908308
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899, DRE #01717818
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