112 2nd Street, Seal Beach, California 90740, Seal Beach, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$2,900,000
112 2nd Street, Seal Beach, California 90740
0Bed
0Bath
3,933Sqft
4,278Lot
Year Built
1973
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25024656
Home ConditionFair
Features
Good View: Bay, Canal, Park/Greenbelt, Harbor, Marina, Neighborhood, Ocean
Deck
ViewBay, Canal, Park/Greenbelt, Harbor, Marina, Neighborhood, Ocean

About this home

Welcome to 112 2nd St in Seal Beach, First time on the market since it was built in 1973! This 4 unit building has a location that cannot be beat, situated at 2nd St and Ocean Ave, only 400 ft from the sands of Seal Beach and 400ft from the Seal Beach Jetty and Rivers End Park. Beautifully maintained by a second generation owner and occupied by stable tenants, this is your next sound investment! This building features four units, all 2 bedrooms and 2 bathrooms with balconies. There are 8 dedicated parking spots, featuring 5 covered carports and 3 attached garages. There is also a storage room and community laundry room. Location is everything, and the community of Seal Beach boasts an active and vibrant lifestyle equating to a very strong rental market. This is the spot you've been waiting for! Residents can walk to multiple restaurants, parks, bike paths and an award winning elementary school. The Seal Beach Pier and Main St area are only a few short block's walk where dining, shopping and beach activities are enjoyed year round. With close proximity and views of both Seal Beach and of the Seal Beach Jetty, Alamitos Bay, San Gabriel River inlet and Rivers End Park, this location has it all!

Nearby schools

8/10
J. H. Mcgaugh Elementary School
Public,K-51.0mi
9/10
Jack L. Weaver Elementary School
Public,K-53.6mi
8/10
Sharon Christa Mcauliffe Middle School
Public,6-85.4mi
9/10
Los Alamitos High School
Public,9-125.2mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot3,9332,240
86%
Lot Size4,2782,723
86%
Price$2.9M$1.85M
57%
Price per square foot$737$803
14%
Built year19731944
86%
HOA
Days on market269148
86%
Condition Rating
Fair

The property was built in 1973 and appears to be maintained but outdated. The kitchens and bathrooms show their age with older appliances and fixtures. While the building seems structurally sound and well-maintained by the second-generation owner, it requires updates to meet modern standards. The description mentions it's been beautifully maintained, but the images confirm it's aged and needs some renovation to bring it up to current styles.
Pros & Cons

Pros

Prime Location: Located just 400 ft from the beach, Seal Beach Jetty, and Rivers End Park, offering unparalleled access to coastal amenities and recreation.
Strong Rental Market: Seal Beach boasts an active and vibrant lifestyle, contributing to a very strong rental market and stable tenant occupancy.
Income Potential: Four well-maintained units, each with 2 bedrooms and 2 bathrooms, providing a solid income stream for investors.

Cons

Year Built: Built in 1973, the property may require updates to meet modern standards and preferences.
Active Under Contract: The property's status as 'Active Under Contract' indicates a pending sale, which may deter some potential buyers.

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