Homes for sale - 308 13th st, Seal Beach, CA 90740

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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$2,795,000

Est. payment - /mo

5,000 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25109181

Construction Status Turnkey

HOA Y/N No

Year Built 1915

Lot Size 5,000 Sqft

Property Sub-Type Duplex

Property Description

Nestled in the heart of Seal Beach, 308 13th St. offers two fully remodeled residences on one large double lot property. Both units feature new flooring, appliances, kitchens, bathrooms, HVAC systems, water heaters, and fresh paint inside and out. The rear house boasts a spacious open floor plan with 3 bedrooms, 2 baths, a walk-in closet, and a charming fireplace. Additionally, two massive 2-car garages provide convenience for both houses. The front house is a cozy single-story beach cottage with 3 bedrooms, 2 baths, and a delightful porch overlooking a sizable yard, perfect for leisure or outdoor dining. The rear house extends upwards with three stories, culminating in a roof deck offering panoramic views This property is producing passive income from tenants, thanks to recent extensive remodeling and meticulous upkeep. Leases will be transferred to the new owner with 1 year remaining. The property also includes plans for two 2,508 s.f. houses, providing investors with an opportunity for future development. For all prospective buyers, 308 13th St. represents an exceptional investment in the vibrant Seal Beach community.
This investment opportunity grosses an estimated 5.3% cap rate based on current rents of $12,350/month. Ideal 1031 exchange, income property, primary residence in one unit and passive income from the other or development opportunity with plans for two detached single family homes.

Location

State CA

County Orange

Area 1A - Seal Beach

Interior

Interior Features Storage, All Bedrooms Up, All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplaces Type Gas

Inclusions appliances

Fireplace Yes

Appliance Built-In Range, Convection Oven, Dishwasher, Gas Oven, Refrigerator, Water Heater

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, In Garage

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs, Dog Park, Water Sports

Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard, Garden

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 04313312

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA

Special Listing Condition Standard

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Listed by Luicci Nader • Realty One Group West • 949-500-0894

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Jessica Panzica

+1(714) 313-8193

Agent | License ID: 01854556

Agent License ID: 01854556

308 13th st Seal Beach, CA 90740

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

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