1605 Electric Avenue

  • Seal Beach

  • $1,599,000

Residential Income Details

No expense spared on this fully remodeled, 3 unit adorable beach complex just a few blocks from the crashing waves in Old Town Seal Beach. Great location and opportunity for investors seeking a strong and consistent ROI without the headaches associated with managing older units. This 3 unit complex is to be sold with the adjacent 4 units concurrently (1603 Electric Ave, see MLS ID#OC18114954). These are (2) individual parcels separated by a common courtyard, laundry and 4 garages (2 garages for each parcel). The current owner recently took all units down to the studs and painstakingly renovated the entire complex while keeping the charming feel of the original beach bungalows. Recent renovations included electrical, plumbing, roof, heating system, drywall, insulation, windows, doors and landscape. Completely remodeled kitchens with new appliances, quartz countertops, cabinets, sinks and fixtures. All new bathrooms, toilets, vanities, cabinets, fixtures and tile work. High quality gray laminate flooring throughout plus new paint, light fixtures, garage doors and shared laundry room. Nothing like them in Seal Beach and Units are fully occupied! All financial information in this package represents current leases in place and historical expenses. Financial information and list price in this listing is for 1605 Electric Ave. only. These units may be financed separately to take advantage of multi-family interest rates but the owner desires to sell both parcels at the same time.
MLS #OC18113788
Number of Units3
Sale TypeStandard
Listing BrokerageFirst Team Estates
Listing AgentDean Lueck
Listing Agent BRE #01752859
FeaturesCeiling Fan,Granite Counters,Recessed Lighting,Stone Counters
AppliancesDishwasher,Garbage Disposal,Gas Stove,Microwave,Refrigerator,Water Heater Central
ParkingGarage - Single Door
Garage Spaces2
ViewCourtyard,Neighborhood,Park Or Green Belt
Area1A - Seal Beach
TractOld Town (OLDT)
CommunityCurbs,Sidewalks,Street Lighting
Address1605 Electric Avenue
CitySeal Beach


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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, August 30, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.