For Sale
$3,500,000

1203 Seal WaySeal Beach, CA 90740

Prime Oceanfront Duplex, Seal Beach

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a charming, well-maintained beachfront duplex in Seal Beach, California. Built in 1944, this 2,192 square foot property boasts two spacious 3-bedroom, 1-bathroom units, each with a private patio offering stunning ocean views. The duplex sits on a 2,700 square foot lot and includes two private one-car garages. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $59,518, representing a 1.70% cap rate. Located at 1203 E Seal Way, Seal Beach, CA 90740, this property offers direct beach access and is steps away from the Seal Beach Pier and Main Street's vibrant shops and restaurants. The asking price is $3,500,000, translating to $1,596.72 per square foot. This rare opportunity, first on the market in 25 years, presents a unique chance to own a piece of Seal Beach history in a highly sought-after coastal location. The property's prime location and strong rental income potential make it an attractive investment for discerning buyers. This is a must-see for those seeking a lucrative beachfront property in Southern California.

Highlights

  • Rare opportunity, first time on market in 25 years, highly desirable location.
  • Excellent Main Street proximity; walk to shops, restaurants, and entertainment.
  • Prime beachfront location with direct ocean access and stunning ocean views.
  • Each unit features a private ocean-facing patio.
  • Two 1-car garages included (one per unit).

Property Details for 1203 Seal Way

Property type
Apartment buildings
Square Feet
2,192 SF
Year Built
1944
Units
2

Location Insight

City
Seal Beach
County
Orange
State
California
Latitude
33.738111322982
Longitude
-118.10335954318
1203 Seal Way, Seal Beach, California

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1203 Seal Way
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