217 10th Street

Seal Beach, CA 90740

$3,495,000
Price
4
Beds
5
Baths
3,399 Sq. Ft.
$1,028 / Sq. Ft.
3,399
Sq. Ft.
$1,028
per Sq. Ft.

Description

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...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.
  1. Listed by Rick Applebaum • DRE #01273871 • Brokerage DRE #01220368 • Morgan Skenderian • rma@morganskenderian.com
  2. Listed by Paul Espinosa • DRE #01942627 • Brokerage DRE #01220368 • Morgan Skenderian

Property Details for 217 10th Street

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3399
Assessor Parcel Number
199-043-04
Property Attached YN
true

Location

Listing Courtesy of Morgan Skenderian, Rick Applebaum, DRE #01273871; Morgan Skenderian, Paul Espinosa, DRE #01942627
Add your commute
LISTING UPDATED: 04/16/2024 03:29 AM

Property Details for 217 10th Street

StatusActive
MLS #PW23222508
Days on Market148
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.07 AC / 2,936 SF
CountyOrange County

Location

Listing Courtesy of Morgan Skenderian, Rick Applebaum, DRE #01273871; Morgan Skenderian, Paul Espinosa, DRE #01942627
Add your commute

Building Information for 217 10th Street

Stories2Residences-Year Built1958Building Size-Lot Size0.07 AC / 2,936 SF

Payment Calculator

$21,099 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,074

Property Taxes

$2,025

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 217 10th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $144,600
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $140,262
  • Net Operating Income: $91,257
Expense Details
  • Operating Expense: $49,005
  • New Taxes Expense: $38,578
  • Fuel Expense: $745
  • Electric Expense: $745
  • Insurance Expense: $1,676
  • Maintenance Expense: $3,200
  • Other Expense: $500
  • Other Expense Description: admin
  • Trash Expense: $745
  • Water Sewer Expense: $745
  • Total Expenses: $49,005
Tax / Assessment Info
  • Tax Rate: 1.1
  • Tax Block: 109
  • Tax Tract Number: 115
  • Tax Census Tract: 995.11
  • CFD/Mello-Roos Fee: $2,073
  • Tax Lot: 17
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Own
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned
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: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,000
  • Unit Type Total Rent: $4,000
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,700
  • Unit Type Total Rent: $5,400
  • Unit Type Pro Forma: 2795
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,650
  • Unit Type Total Rent: $2,650
  • Unit Type Pro Forma: 2795
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 217 10th 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 217 10th Street

Taxable ValueLand$1,866,792Additions$147,264Total$2,014,056
Tax Record2023$24,304 ($2,025 / month)
Home Facts
Total Finished SqFt3,399 SqFtAbove Grade Finished SqFt3,399 SqFtStories2Lot Size2,936 SqFtStyleQuadraplexYear Built1958CountyORANGEAPN199-043-04

Schools near 217 10th 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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217 10th Street is a multi-family home for sale in Seal Beach, CA 90740. This property was listed for sale on December 7, 2023 by Morgan Skenderian, it's currently listed at $3,495,000. This listing's school district is Los Alamitos Unified School District. Nearby schools include Jack L. Weaver Elementary School, J. H. Mcgaugh Elementary School and Sharon Christa Mcauliffe Middle School. 217 10th Street is a 4-bed, 5-bath, 3,399 sqft multi-family home built in 1958.

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 Morgan Skenderian, Rick Applebaum, DRE #01273871; Morgan Skenderian, Paul Espinosa, DRE #01942627

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.