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    128 8th Street

    Seal Beach, CA 90740
    • $1,900,000
    • STATUS: Active Under Contract
    • ON SITE: 15 days
    • ID#: PV21153047
    Under Contract
    UPDATED: 64 min ago
    $1,900,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Located just a half block from the beach on a uniquely large lot, this beautiful Seal Beach home or income property features a private yard, pool & spa, and an entertainers patio area - perfect for beach vacation or home! Currently the property generates $120k/yr of income from vacation rentals and is one of a very few in Seal Beach with a short term rental permit. Inside, unwind in bright, cozy rooms decorated with charming nautical style and a wide open kitchen recently remodeled new just months ago. Two beds/one bath/full family room & kitchen upstairs and one bed/one bath/separate kitchen downstairs and a total of 1,756 sqft of living space - it isnt difficult to fall in love with this home with its versatility. Life will feel like a perfect vacation get-a-way while enjoying sunset walks on the beach, picnics at one of the many local parks, as well as the several specialty shops and restaurants available to you at a short distance! Owner prefers to transfer pre-booked tenants to new owner OR may be delivered vacant.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T07:30:07.1. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/119280206
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    128 8th Street Seal Beach, CA 90740

    • Price: $1,900,000
    • Status: Active Under Contract
    • Updated: 64 min ago
    • ID#: PV21153047
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1958
    Built
    Neighborhood:
    Bridgeport/Seal Beach (Bps)
    County:
    Orange
    Area:
    1A - Seal Beach
    Property Description
    Located just a half block from the beach on a uniquely large lot, this beautiful Seal Beach home or income property features a private yard, pool & spa, and an entertainers patio area - perfect for beach vacation or home! Currently the property generates $120k/yr of income from vacation rentals and is one of a very few in Seal Beach with a short term rental permit. Inside, unwind in bright, cozy rooms decorated with charming nautical style and a wide open kitchen recently remodeled new just months ago. Two beds/one bath/full family room & kitchen upstairs and one bed/one bath/separate kitchen downstairs and a total of 1,756 sqft of living space - it isnt difficult to fall in love with this home with its versatility. Life will feel like a perfect vacation get-a-way while enjoying sunset walks on the beach, picnics at one of the many local parks, as well as the several specialty shops and restaurants available to you at a short distance! Owner prefers to transfer pre-booked tenants to new owner OR may be delivered vacant.
    Exterior Features

    Lot Features Front Yard Number Of Separate Electric Meters 2 Parking Total 2 Pool Features Gas HeatHeatedIn GroundPrivate Pool Private YN Yes Property Attached YN No View None View YN No

    Interior Features

    Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency Buyers To Comply With Sellers 1031 Exchange. La1 Related To Sellers. Electric Expense 3000 Fuel Expense 0 Garage YN Yes Gross Income 135000 Gross Scheduled Income 135000 Insurance Expense 2200 Land Lease YN No Laundry Features Laundry ClosetIn Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 105000 New Construction YN No New Taxes Expense 20000 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 30000 Pool Expense 1200 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 10000 Trash Expense 400 Water Sewer Expense 2000 Water Source Public

    Listing provided courtesy of Anthony Accardo of Compass and Roman Luckey of Compass Newport Beach


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T07:30:07.1. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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