1515 Electric Avenue, Seal Beach, CA 90740
- $2,250,000
- List Price
- $2,250,000
- Status
- ACTIVE
- MLS#
- NP25140104
- Year Built
- 1954
- Lot Size
- 3,920
- Acres
- 0.09
- Lot Location
- 0-1 Unit/Acre, Corner Lot
- Days on Market
- 19
- Property Type
- Multifamily
- Style
- Bungalow
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
- Neighborhood
- Old Town (Oldt)
Property Description
Premium Old Town Triplex | 3 × 1-Bed / 1-Bath Units Live the coastal dream—or invest in it. Situated on a prime 4,144 square foot corner lot with over 100 feet of lush Green Belt frontage, this beautifully maintained triplex offers strong rental upside in the heart of vibrant Old Town Seal Beach. Each of the three 1-bedroom, 1-bath units features a bright, functional layout with large closets, upgraded windows, window coverings, and a private single-car garage. The kitchens are well-equipped, and thoughtful updates throughout include custom built-ins, garden windows, crown molding, tile, and ceiling fans. A shared laundry room—provided free to tenants—enhances long-term appeal and ease of management. Located just steps from the beach, pier, and charming Main Street, this exceptional investment benefits from Seal Beach’s walkable lifestyle, tight-knit community, and top-rated schools. The adjacent Green Belt and coastal surroundings provide a tranquil, highly desirable setting that continues to attract long-term tenants. With under-market rents, stable occupancy, and classic Old Town charm, 1515 Electric Avenue is an ideal opportunity for investors seeking location, potential, and dependable income. Property may be shown upon seller’s review of an offer.
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Additional Information
- Appliances
- Electric Cooktop, Disposal, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Roof
- Tar/Gravel
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Built-in Features, Ceiling Fan(s), Crown Molding
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $72,264
- Operating Expense
- 21000
Listing courtesy of Listing Agent: Jon Flagg (jon@flaggrealestate.com) from Listing Office: Pacific Sotheby's Int'l Realty.
Mortgage Calculator
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