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Multifamily

Seal Beach Fourplex

117 14th St, Seal Beach, CA 90740

Listing Price: $2,400,000

Cap Rate
2.08%
Number of Units
4
Price/Unit
$600,000
Price/Gross SF
$1,061.01
Gross SF
2,262

Investment Overview

Marcus & Millichap is excited to offer a rare four unit apartment complex in the coastal city of Seal Beach CA. The property is located a short walk from the Pacific Ocean, Seal Beach Pier, and Main Street Seal Beach which offers shopping, entertainment and dining. Seal Beach is a very attractive apartment rental market due to the extremely high cost to own a residents in the coastal city. Seal Beach is ideally located in the most northwest part of Orange County making it a convenient place to live and commute into Los Angeles County or Northern Orange County with easy access to the several Southern California freeways.

Investment Highlights

  • A 4-unit multifamily investment property located in Seal Beach, one of the premier coastal rental markets in Orange County
  • Current ownership has partially renovated the property with improvements including new hardwood flooring
  • 0.3 miles from Pacific Coast Highway, providing residents with easy access to nearby employment hubs in Los Angeles and Orange Counties
  • 2 miles from Long Beach's famous 2nd Street in Belmont Shore, a 15-block shopping, dining, and entertainment district that offers unique eateries and specialty shops
  • The vast majority of households in Seal Beach are priced out of single family home ownership as the average monthly mortgage payment on a median-priced single family home exceeds average monthly rents in the area by $3,127
  • Walking distance to the Seal Beach Pier and Main Street which provides shopping, entertainment and restaurants.

Exclusively Listed By

Financing By

Multifamily

Seal Beach Fourplex

Listing Price: $2,400,000

Cap Rate
2.08%
Number of Units
4
Price/Unit
$600,000
Price/Gross SF
$1,061.01
Gross SF
2,262

Investment Highlights

  • A 4-unit multifamily investment property located in Seal Beach, one of the premier coastal rental markets in Orange County
  • Current ownership has partially renovated the property with improvements including new hardwood flooring
  • 0.3 miles from Pacific Coast Highway, providing residents with easy access to nearby employment hubs in Los Angeles and Orange Counties
  • 2 miles from Long Beach's famous 2nd Street in Belmont Shore, a 15-block shopping, dining, and entertainment district that offers unique eateries and specialty shops
  • The vast majority of households in Seal Beach are priced out of single family home ownership as the average monthly mortgage payment on a median-priced single family home exceeds average monthly rents in the area by $3,127
  • Walking distance to the Seal Beach Pier and Main Street which provides shopping, entertainment and restaurants.

Investment Overview

Marcus & Millichap is excited to offer a rare four unit apartment complex in the coastal city of Seal Beach CA. The property is located a short walk from the Pacific Ocean, Seal Beach Pier, and Main Street Seal Beach which offers shopping, entertainment and dining. Seal Beach is a very attractive apartment rental market due to the extremely high cost to own a residents in the coastal city. Seal Beach is ideally located in the most northwest part of Orange County making it a convenient place to live and commute into Los Angeles County or Northern Orange County with easy access to the several Southern California freeways.

Exclusively Listed By

Financing By

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