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217 10Th St, Seal Beach, CA 90740
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217 10Th St Seal Beach, CA 90740

$3,495,000
  • 5 Beds
  • 5 Baths
  • 3,399 Sq.Ft.
For Sale
$3,495,000 Get Pre-Qualified
Map preview of 217 10Th St, Seal Beach, CA 90740

Property Overview: 217 10Th St Seal Beach, CA has 5 bedrooms, 5 bathrooms, 3,399 living square feet and 2,936 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Rick Applebaum | BRE #01273871 | Morgan Skenderian
Co-listed by Paul Espinosa | BRE #01942627 | Morgan Skenderian
Last checked: 10 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 137
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Home details

Lot Sq. Ft
2,936
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Fourplex
Status
Active
MLS#
PW23222508
City
Seal Beach
County
Orange
Time on Site
140 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $5,400
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $144,600
  • Net Operating Income: $91,257
  • Gross Operating Income: $140,262
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $49,005
  • Electric: $745
  • Gas/Fuel: $745
  • New Taxes: $38,578
  • Trash: $745
  • Insurance: $1,676
  • Maintenance: $3,200
  • Water/Sewer: $745
  • Other Expenses: $500
  • Other Expense Description: admin

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Property Details for 217 10Th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 19904304
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Old Town (OLDT)
  • Directions: Major cross streets are Electric Ave and 10th Street
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Seal Beach Agent

Sale History for 217 10Th St

Last leased for $2,400 on July 1st, 2020

  • December, 2023

  • Dec 7, 2023

    Date

    Active

    CRMLS: PW23222508

    $3,495,000

    Price

  • October, 2022

  • Oct 25, 2022

    Date

    Canceled

    CRMLS: PW22002116

    $3,420,000

    Price

  • Jan 8, 2022

    Date

    Active

    CRMLS: PW22002116

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous, remodeled, fully leased 4-plex in a prime location of Old Town Seal Beach near Main Street, the Beach and other highlights of the neighborhood. The interior and exterior remodel spared no cost and included new stainless steel kitchen appliances, bathroom fixtures such as lighted mirrors and glass showers, chrome fixtures, vinyl wood-look flooring, split air cooling and heating. The remodel also included 2 large water heaters, washers and dryers in the community laundry and a new roof, new windows, plumbing, electrical, garage door and interior garage finish. A two-story, 4 unit building with 2 one-bedroom units upstairs, 1 one-bedroom downstairs and a two-bedroom unit in front with both bedrooms upstairs and an engaging patio. In addition to the 2-car garage and parking pad, this street is parking permitted and is an advantage for residents who purchase a modest priced annual permit from the City of Seal Beach. The cash flow speaks for itself. An excellent opportunity with little to no maintenance!

  • July, 2020

  • Jul 1, 2020

    Date

    Leased

    CRMLS: PW20068299

    $2,400

    Price

  • Jun 15, 2020

    Date

    Price Change

    CRMLS: PW20068299

    $2,400

    Price

  • May 6, 2020

    Date

    Price Change

    CRMLS: PW20068299

    $2,600

    Price

  • Apr 5, 2020

    Date

    Active

    CRMLS: PW20068299

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    You can be the first to live in one of the 4 fully remodeled units in the center of Seal Beach! Walk to Main Street, the Beach or enjoy a picnic on the grassy knoll just steps away from your front door. Unit 4 is an upstairs 1 bedroom, 1 bathroom totally remodeled nest. The first thing you notice when you walk in the door are the nice high ceilings. The open floor plan offers a completely new kitchen with beautiful granite island where your sink and dishwasher are located. All the appliances are stainless and brand new showing off the generous white cabinets. The new flooring is a water and scratch resistant vinyl you will have to touch to believe it is not wood. The split air units are in the living area and bedroom offering you nice cool summers and cozy winters. The first floor laundry room is immaculate, done in subway tile with commercial grade beautiful, new machines to service the 4 units in the building. This unit is the owner’s favorite! Make this beautiful unit your own, in a fabulous location and love where you live!!

  • July, 2020

  • Jul 1, 2020

    Date

    Leased

    CRMLS: PW20068293

    $2,550

    Price

  • Jun 15, 2020

    Date

    Price Change

    CRMLS: PW20068293

    $2,550

    Price

  • May 6, 2020

    Date

    Price Change

    CRMLS: PW20068293

    $2,650

    Price

  • Apr 5, 2020

    Date

    Active

    CRMLS: PW20068293

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    You can be the first to live in one of the 4 fully remodeled units in the center of Seal Beach! Walk to Main Street, the Beach, the pier or enjoy a picnic on the grassy knoll just steps away from your front door. Unit 3 is an upstairs 1 bedroom with walk-in closet, 1 bathroom and totally remodeled sparing no expense. The first thing you notice when you walk in the door are the nice high ceilings. The floor plan offers a completely new kitchen with stainless appliances and generous white cabinetry. The new flooring is a water and scratch resistant vinyl you will have to touch to believe it is not wood. The split air units are in the living area and bedroom offering you nice cool summers and cozy winters. An extra closet in this unit for more storage. The first floor laundry room is immaculate, done in subway tile with commercial grade beautiful, new machines to service the 4 units in the building. Make this beautiful unit your own, in a fabulous location and love where you live!!

  • June, 2020

  • Jun 10, 2020

    Date

    Leased

    CRMLS: PW20068287

    $3,550

    Price

  • May 6, 2020

    Date

    Price Change

    CRMLS: PW20068287

    $3,500

    Price

  • Apr 14, 2020

    Date

    Price Change

    CRMLS: PW20068287

    $4,000

    Price

  • Apr 5, 2020

    Date

    Active

    CRMLS: PW20068287

    $4,250

    Price

  • Listing provided courtesy of CRMLS

    You can be the first to live in one of the 4 fully remodeled units in the center of Seal Beach! Walk to Main Street, the Beach or enjoy a picnic on the grassy knoll just steps away from your front door. Unit 1 is a 2 bedroom (with good size closets and nice high ceilings) plus 2 brand new bathrooms! The kitchen has all new stainless appliances, beautiful granite counter tops and plenty of brand new white cabinets for storage. The new flooring is a water and scratch resistant vinyl you will have to touch to believe it is not wood. The split air units are in the living area and bedrooms offering you nice cool summers and cozy winters. This unit also has a front deck for your enjoyment! The first floor laundry room is immaculate, done in subway tile with commercial grade beautiful, new machines to service the 4 units. Make this beautiful unit your own, in a fabulous location and love where you live!!

  • May, 2020

  • May 16, 2020

    Date

    Leased

    CRMLS: PW20068291

    $2,500

    Price

  • May 6, 2020

    Date

    Price Change

    CRMLS: PW20068291

    $2,500

    Price

  • Apr 5, 2020

    Date

    Active

    CRMLS: PW20068291

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    You can be the first to live in one of the 4 fully remodeled units in the center of Seal Beach! Walk to Main Street, the Beach, the pier or enjoy a picnic on the grassy knoll just steps away from your front door. Unit 2 is a 1 bedroom with walk-in closet, 1 bathroom totally remodeled on the ground floor. If stairs are not your thing then this unit is for you. The floor plan offers a completely new kitchen with beautiful counters stainless appliances and generous white cabinets. The new flooring is a water and scratch resistant vinyl you will have to touch to believe it is not wood. The split air units are in the living area and bedroom offering you nice cool summers and cozy winters. The first floor laundry room is immaculate, done in subway tile with commercial grade beautiful, new machines to service the 4 units in the building. Make this beautiful unit your own, in a fabulous location and love where you live!! A two car garage with garage door opener is available at an additional monthly rate.

  • January, 2020

  • Jan 11, 2020

    Date

    Sold

    CRMLS: NP19181966

    $1,900,000

    Price

  • Nov 16, 2019

    Date

    Pending

    CRMLS: NP19181966

    $2,195,000

    Price

  • Oct 26, 2019

    Date

    Active Under Contract

    CRMLS: NP19181966

    $2,195,000

    Price

  • Sep 4, 2019

    Date

    Price Change

    CRMLS: NP19181966

    $2,195,000

    Price

  • Aug 30, 2019

    Date

    Price Change

    CRMLS: NP19181966

    $2,335,000

    Price

  • Aug 30, 2019

    Date

    Price Change

    CRMLS: NP19181966

    $2,195,000

    Price

  • Aug 5, 2019

    Date

    Active

    CRMLS: NP19181966

    $2,335,000

    Price

  • Listing provided courtesy of CRMLS

    Quadruplex in the heart of Old Town. Great opportunity to live in one and have rental income or lease all 4 units. Front unit has access to the two car garage and front patio area. 2 bedroom 1 bathroom with a large living room nice size master bedroom and good storage. Beamed ceilings throughout with laminate floors, carpet in bedrooms, walk-in closet. Downstairs back unit kitchen has fnewer tile, double sink, 5 burner cooktop, Maytag double oven. Beamed ceilings, newer laminate floor in the bathroom, nice bedroom with window blinds, 3 closets in the bedroom. 3rd unit has newer grey carpet, large windows, wood beamed ceilings. Bathroom has newer flooring, decorator medicine cabinet. Bedroom is nice size with 2 closets. 4th Unit has wood beamed ceilings, fan light,wood laminate flooring, linoleum bathroom floor, bar to kitchen area. Coin operated good size laundry room. Close to eclectic shopping on Main Street, restaurants, and a walk to the Seal Beach Pier and beaches. This two-story building is simple to operate and offers an opportunity for additional income with upside in the rents. Two of the units have long time tenants. Close to the freeways 405, 605 and large shopping malls.

  • January, 2020

  • Jan 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,900,000

    Price

Show More

Tax History for 217 10Th St

Assessed Value (2020): $203,930
Year Land Value Improved Value Assessed Value
2020 $68,669 $135,261 $203,930

Home Value Compared to the Market

This property vs the competition

217 10Th St is listed 108.04% higher than the median list price for the city of Seal Beach which has a median list price of $1,680,000. The median price per/sqft for Seal Beach is $791 and this home is listed at $1028.24 per/sqft which puts the price per square foot 29.99% higher than the median price per square foot for the city of Seal Beach.

About 217 10Th St

Detailed summary of property

217 10Th St is a fourplex located in Seal Beach, CA 90740 and is currently for sale. This fourplex offers 5 bedrooms, 5 bathrooms, roughly 3,399 living square feet, and sits on an approximately 2,936 square foot lot. 217 10Th St was first listed on ArdentRealEstateGroup.com on December 7, 2023. The homeowner is currently asking $3,495,000. The median priced home in Seal Beach is $1,680,000 with a median price per square foot of $791. Based on Ardent Real Estate Group's Seal Beach Market Data, this home is listed 108.04% higher than the median priced home. Local competing homes currently for sale include 51 Kennebec Ave, 51 Kennebec Ave and 2106 E Bermuda St. While the average home in Seal Beach, CA is selling in 61 days, 217 10Th St has a days on market of 137 days. There are currently 41 homes for sale in the Seal Beach real estate market and 31 of them are single family homes while 9 of them are condos and 1 are townhomes. For more information on this home for sale at 217 10Th St Seal Beach, CA 90740 contact Ardent Real Estate Group and we will put you in touch with one of our Seal Beach agents.

Public Facts for 217 10Th St

Public county record property details
Beds
--
Baths
--
Year built
1958
Sq. Ft.
3,399
Lot Size
3,111
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
17
APN
199-043-04

The source for these homes facts are from public records.

90740 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,680,000
Median List Price/Sq.Ft.
$791
Median Sold Price
$667,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
41
Median Sale to List Price %
98.89%
Avg Days on Market
46
Loan Type
Conventional (30%), FHA (10%), VA (0%), Cash (10%), Other (50%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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