129 7th Street

Seal Beach, CA 90740

$2,250,000
Last Sold Price
5
Beds
5
Baths
2,800 Sq. Ft.
$804 / Sq. Ft.
2,800
Sq. Ft.
$804
per Sq. Ft.

Description

129 7th Street is a beautiful Seal Beach duplex, just steps to the sand. The (2) units consist of an approx. 1,600 sq. ft. 2BR front house (129 7th Street) and an approx. 1,200 sq. ft. 3BR back house (129 ½ 7th Street). The front house is currently leased month to month for $3,500 and the back house is vacant. This presents an excellent opportunity for an owner/user OR for a new owner to choose their own tenant/rent. Both units have brand new plumbing, electrical and have been completely remodeled...129 7th Street is a beautiful Seal Beach duplex, just steps to the sand. The (2) units consist of an approx. 1,600 sq. ft. 2BR front house (129 7th Street) and an approx. 1,200 sq. ft. 3BR back house (129 ½ 7th Street). The front house is currently leased month to month for $3,500 and the back house is vacant. This presents an excellent opportunity for an owner/user OR for a new owner to choose their own tenant/rent. Both units have brand new plumbing, electrical and have been completely remodeled with high end materials completed with top notch workmanship. They were taken down to the studs and subfloor then rebuilt with all new cabinetry, flooring, kitchens and bathrooms. The front unit has built in cabinet/shelves and an electric fireplace in the living room, ceiling fans, new stainless steel appliances and best of all 3 patio/balconies! One of the patios is a spacious rooftop deck that comes with plumbing hookups for a hot tub and is the perfect place to enjoy a summer bbq with friends and family. Both units have washer/dryer hookups allowing tenants the convenience of not having to share common laundry with anyone outside of their household. The back unit has an attached 2 car garage with an epoxy floor which can be used for either parking or for recreation/gym, office or man cave. The roofs are newer and also pitched which tends to lead to a longer useful life. All windows have also been replaced.

129 7th Street is just one block to the sand in Old Town Seal Beach. It’s a short walk to the pier, Main Street, public library, fire station and of course the beach. Main Street has a multitude of iconic boutiques, coffee shops, ice cream parlors, surf shops and local restaurants. Also nearby are the best rated K¬12 schools in the area and accessible to the 22, 405 and 605 freeways. The property is on a quiet street in one of the best locations in Seal Beach. It’s the perfect opportunity for anyone looking for a pride of ownership asset in an excellent location and should be equally appealing to an owner/user or investor.
  1. Listed by Brian Estes • DRE #01394559 • Brokerage DRE #01508014 • Re/Max Commercial & Investment

Property Details for 129 7th Street

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2800
Assessor Parcel Number
199-032-10
Property Attached YN
false

Location

Listing Courtesy of Re/Max Commercial & Investment, Brian Estes, DRE #01394559

Sold By Brian Lopiccolo, Broker, Brian Lopiccolo, DRE #01196054

Add your commute
LISTING UPDATED: 06/22/2021 10:01 AM

Property Details for 129 7th Street

StatusClosed
MLS #SB21095708
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.07 AC / 3,112 SF
CountyOrange County

Location

Listing Courtesy of Re/Max Commercial & Investment, Brian Estes, DRE #01394559

Sold By Brian Lopiccolo, Broker, Brian Lopiccolo, DRE #01196054

Add your commute

Building Information for 129 7th Street

Stories-Residences-Year Built1969Building Size-Lot Size0.07 AC / 3,112 SF

Payment Calculator

$14,497 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,279

Property Taxes

$2,218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 129 7th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $84,000
  • Gross Scheduled Income: $84,000
  • Net Operating Income: $63,000
  • Financing: Cash
Expense Details
  • Operating Expense: $21,000
  • New Taxes Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $21,000
Tax / Assessment Info
  • Tax Tract Number: 115
  • Tax Lot: 29
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: No Landscaping
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Old Town
  • Builders Tract Code: Old Town (OLDT)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 3700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 129 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 129 7th Street

Taxable ValueLand$1,820,700Additions$520,200Total$2,340,900
Tax Record2023$26,622 ($2,218 / month)
Home Facts
Beds2Total Finished SqFt1,180 SqFtAbove Grade Finished SqFt1,180 SqFtStories2Lot Size2,937 SqFtStyleSingle Family ResidenceYear Built1969CountyORANGEAPN199-032-10

Schools near 129 7th Street

This home is within Los Alamitos Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Jack L. Weaver Elementary School
PublicK to 5

J. H. Mcgaugh Elementary School
PublicK to 5

Sharon Christa Mcauliffe Middle School
Public6 to 8

Los Alamitos High School
Public9 to 12

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.

Similar Homes

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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 Re/Max Commercial & Investment, Brian Estes, DRE #01394559

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.