1515 Electric Avenue, Seal Beach, California 90740, Seal Beach, - bed, bath

home-pic
ACTIVE$2,250,000
1515 Electric Avenue, Seal Beach, California 90740
0Bed
0Bath
2,002Sqft
3,920Lot
Year Built
1954
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25140104
Home ConditionFair
Features
Good View:
View-

About this home

Premium Old Town Triplex | 3 × 1-Bed / 1-Bath Units Live the coastal dream—or invest in it. Situated on a prime 4,144 square foot corner lot with over 100 feet of lush Green Belt frontage, this beautifully maintained triplex offers strong rental upside in the heart of vibrant Old Town Seal Beach. Each of the three 1-bedroom, 1-bath units features a bright, functional layout with large closets, upgraded windows, window coverings, and a private single-car garage. The kitchens are well-equipped, and thoughtful updates throughout include custom built-ins, garden windows, crown molding, tile, and ceiling fans. A shared laundry room—provided free to tenants—enhances long-term appeal and ease of management. Located just steps from the beach, pier, and charming Main Street, this exceptional investment benefits from Seal Beach’s walkable lifestyle, tight-knit community, and top-rated schools. The adjacent Green Belt and coastal surroundings provide a tranquil, highly desirable setting that continues to attract long-term tenants. With under-market rents, stable occupancy, and classic Old Town charm, 1515 Electric Avenue is an ideal opportunity for investors seeking location, potential, and dependable income. Property may be shown upon seller’s review of an offer.

Nearby schools

8/10
J. H. Mcgaugh Elementary School
Public,K-50.5mi
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

Price History

Date
Event
Price
04/12/13
Sold
$1,050,000
Condition Rating
Fair

The property was built in 1954. The listing mentions 'well-equipped' kitchens and 'thoughtful updates' including custom built-ins, garden windows, crown molding and tile. These updates suggest some level of maintenance and care, but the age of the property indicates that it's likely aged and may require further updates to modernize it fully. The description does not indicate a full renovation, so 'Fair' is the most appropriate score.
Pros & Cons

Pros

Prime Location: Located in the highly desirable Old Town Seal Beach, steps from the beach, pier, and Main Street.
Strong Rental Upside: Under-market rents provide significant opportunity to increase income.
Well-Maintained Triplex: The property features three 1-bedroom, 1-bath units that are beautifully maintained.
Desirable Amenities: Each unit includes a private single-car garage, upgraded windows, and access to a shared laundry room.
Corner Lot with Green Belt Frontage: Situated on a prime corner lot with over 100 feet of lush Green Belt frontage, offering a tranquil setting.

Cons

Year Built: Built in 1954, the property may require updates to meet modern standards.
Limited Unit Size: Each unit is a 1-bedroom, 1-bath, which may not appeal to all tenant demographics.
Offer Contingency: Property may only be shown upon seller's review of an offer, potentially limiting initial access for thorough inspection.

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