About 217 10th St
217 10th Street is an immaculate 4-unit multifamily property that offers renters the ultimate in upgrades and high end finishes. All interiors have received complete remodels and renovations including coastal style vinyl/plank flooring, all new stainless-steel appliances, and beautifully redone kitchens and bathrooms. Each unit is provided a brand-new split A/C unit and the property has a new roof, new windows, new tankless water heaters, new electrical systems, upgraded plumbing and brand new community laundry machines for the tenants to use. However, the true allure lies in its prime location, making it a standout residence. Just steps away from the sun-kissed sands of Seal Beach and a mere block from the iconic Seal Beach Pier and Main Street, residents enjoy proximity to a vibrant array of shops and eateries along this picturesque strip. This access to entertainment keeps these rentals constantly in demand and tenants always willing to pay maximum rent levels. The combination of location and quality is an attractive option for the investor looking for a low maintenance, hassle free, turnkey property that can immediately generate income and continue long term appreciation.
Features of 217 10th St
| MLS® # | PW23222508MR |
|---|---|
| Price | $3,495,000 |
| Units | 4 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 3,399 |
| Acres | 0.07 |
| Year Built | 1958 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 217 10th St |
|---|---|
| Area | Seal Beach |
| City | SEAL BEACH |
| County | Orange |
| State | CA |
| Zip Code | 90740 |
Amenities
| Parking Spaces | 4 |
|---|---|
| # of Garages | 2 |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
| Has Basement | No |
Additional Information
| Date Listed | December 7th, 2023 |
|---|---|
| Days on Market | 162 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Actual Annual Gross Rent | $12,050 |
| Gross Operating Income | $140,262 |
| Net Operating Income | $91,257 |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $4,000 |
Unit 2 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $5,400 |
Unit 3 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $2,650 |
Listing Details
| Agent | Rick Applebaum (01273871) |
|---|---|
| Office | Morgan Skenderian |