1041 Beach Drive

Seaside, OR 97138

$1,600,000
Price
Beds
6,136 Sq. Ft.
$261 / Sq. Ft.
6,136
Sq. Ft.
$261
per Sq. Ft.

Description

Do not disturb tenants! Centrally located with ocean view for some of the units. One block off the prom. Two story apartment living with a 6 Car carport and coin operated laundry room. Other parking at the corner of the building. 4 units completely remodeled, 2 units partially remodeled and 2 not remodeled with long term tenants. Each unit has their own storage unit. Do not disturb Tenants. Proof of ability to purchase before showings.Do not disturb tenants! Centrally located with ocean view for some of the units. One block off the prom. Two story apartment living with a 6 Car carport and coin operated laundry room. Other parking at the corner of the building. 4 units completely remodeled, 2 units partially remodeled and 2 not remodeled with long term tenants. Each unit has their own storage unit. Do not disturb Tenants. Proof of ability to purchase before showings.
  1. Listed by Cindy Hawkins Colley • Heron Realty

Property Details for 1041 Beach Drive

Subdivision
Hermosa Park
Parking Features
Carport, Paved
Zoning
R3
View
Ocean, Territorial
Parking Total
8.00

Location

Listing Courtesy of Heron Realty
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LISTING UPDATED: 04/16/2024 10:03 AM

Property Details for 1041 Beach Drive

StatusActive
MLS #23496600
Days on Market402
Taxes$8,762 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1969
Lot Size-
CountyClatsop County

Location

Listing Courtesy of Heron Realty
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Building Information for 1041 Beach Drive

Stories2Residences8Year Built1969Building Size-Lot Size-

Payment Calculator

$9,462 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$730

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1041 Beach Drive

Summary
Location and General Information
  • Country: US
  • Directions: west on Ave G to Beach Drive, left on Beach Dr. to property on left
  • Road Surface: Paved
School Information
  • Elementary School: Pacific Ridge
  • Elementary School 2: Cannon Bch Acad
  • High School: Seaside
  • Middle Or Junior School: Seaside
Taxes and HOA
  • Management Name: Larcin Realty Group Inc.
  • Management Phone: 503-440-0130
  • Tax Year: 2023
  • Tax Annual Amount: $8,761.82
  • Parcel Number: 12476
  • Tax Legal Description: HERMOSA PARK LTS 10 & 11 BLK 23
Property
Lot Information
  • Lot Description: Level, Ocean Beach One Quarter Mile Or Less
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1969
Utilities
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Built Up
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • Gross Income Actual: $103,200.00
  • Gross Income Projected: $110,400.00
  • Gross Rent Multiplier: $15.50
  • Investor Information: According To Owner, Rent Records, Tax Returns Available
  • Net Income Actual: $72,597.00
  • Net Income Projected: 73400
  • Operating Expenses Projected: $31,000.00
  • Operating Expense: $30,603.00
  • Security Features: Security Lights, Sidewalk
  • Storage: Individual Storage Units, Locked
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7, Unit Type Type8
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 6136
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Storage, Unfurnished
  • Unit Type 1 Rent: $1,170
  • Unit Type 1 SqFt: 760.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Storage
  • Unit Type 2 Rent: $1,007
  • Unit Type 2 SqFt: 760.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Range, Refrigerator, Storage
  • Unit Type 3 Rent: $1,308
  • Unit Type 3 SqFt: 760.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator, Storage
  • Unit Type 4 Rent: $1,090
  • Unit Type 4 SqFt: 760
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Range, Refrigerator, Storage
  • Unit Type 5 Rent: $1,200
  • Unit Type 5 SqFt: 760.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Beds Total: 2
  • Unit Type 6 Features: Range, Refrigerator, Storage
  • Unit Type 6 Rent: $1,007
  • Unit Type 6 SqFt: 760.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 1
  • Unit Type 7 Beds Total: 2
  • Unit Type 7 Features: Range, Refrigerator, Storage
  • Unit Type 7 Rent: $1,170
  • Unit Type 7 SqFt: 760
  • Unit Type 7 Units Total: 1
Unit 8 Information
  • Unit Type 8 Baths Total: 1
  • Unit Type 8 Beds Total: 2
  • Unit Type 8 Features: Range, Refrigerator, Storage
  • Unit Type 8 Rent: $1,090
  • Unit Type 8 SqFt: 760.0
  • Unit Type 8 Units Total: 1

Property History for 1041 Beach Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1041 Beach Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$8,762 ($730 / month)
Home Facts
Lot Size10,019 SqFtStyleMulti-Family Res (5+ Units)Year Built1969CountyCLATSOPAPN61021DB09900

Schools near 1041 Beach Drive

This home is within Seaside School District 10.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Seaside Heights Elementary School
PublicK to 5

Seaside Middle School
Public6 to 8

Seaside High School
Public9 to 12

Gearhart Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1041 Beach Drive is a multi-family home for sale in Seaside, OR 97138. This property was listed for sale on March 29, 2023 by Heron Realty, it's currently listed at $1,600,000. It has been on the market for a total of 402 days and was last sold on December 13, 2013. This listing's school district is Seaside School District 10. Nearby schools include Seaside Heights Elementary School, Seaside Middle School and Seaside High School. 1041 Beach Drive is a 0-bed, 0-bath, 6,136 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Heron Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/16/2024 10:03 AM