Listed by Lyon Stahl Investment Real Estate
$2,000,000
1521 Marine Ave, Seal Beach, CA 90740
Details
APN 199-083-08
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 2,400
Units 4
Cap Rate 2.74%
NOI $54,871
Occupancy 100%
Pro-Forma Cap Rate 3.6%
Pro-Forma NOI $71,995
Year Built 1950
Buildings 1
Stories 2
Lot Size (SqFt) 2,178
Zoning R3
Multifamily | 4 Units | $500,000/unit
Marketing description
Located on a small, quiet residential street in Seal Beach, 1521 Marine Ave presents a well-positioned 4-unit multifamily opportunity just three blocks from the beach and less than half a mile from the retail and dining along Main Street. The property consists of one 1-bedroom / 1-bath unit and three studio units, totaling approximately 2,400 square feet of rentable space on a 2,178 square foot lot. The asset offers strong current income with clear rental upside as units trend toward market levels. Additional improvements include a detached 2-car garage with on-site laundry, along with a detached storage structure featuring a fireplace, providing added utility and flexibility. With its premier coastal location, quiet neighborhood setting, and proximity to local amenities, the property benefits from consistent tenant demand. This offering presents an attractive opportunity for investors seeking stable income and long-term appreciation in a highly desirable, supply-constrained beachside submarket.
Investment highlights
-4-Unit Multifamily Property in Seal Beach (1 Bed + 3 Studios)
-Located on a Small, Quiet Residential Street Just 3 Blocks from the Beach | Less Than 1/2 Mile to Main Street Retail,
Dining, and Amenities
-Strong Current Income w/ Rental Upside | 2.74% CAP & 21.29 GRM | 3.60% Market CAP & 17.92 Market GRM
-Well-Configured Unit Mix: (1) 1-Bed/1-Bath, (3) Studios
-Approximately 2,400 SF of Rentable Space on a 2,178 SF Lot
-Bottom Unit Equipped w/ 2-Car Garage & On-Site Laundry
-Detached Structure for Storage w/ Fireplace
-Excellent Investment Opportunity in a Supply-Constrained Coastal Submarket
Listing Contacts
Listed by Lyon Stahl Investment Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,871.00
$4,572.58/mo
Valuation Metrics
0
DSCR
2.74%
Cap Rate
2.74%
ROI
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