1521 Marine Ave - Apartments FOR SALE


Seal Beach, CA 90740
$2,000,000 USD
310-780-1899
1521 Marine Ave, Seal Beach, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/25
null | 2.74% Cap Rate

1521 Marine Ave
Seal Beach, CA 90740


HIGHLIGHTS

  • 4-Unit Multifamily Property in Seal Beach | Well-Configured Unit Mix: (1) 1-Bed/1-Bath, (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
  • 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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$833 USD /SF

# OF UNITS

4

PRICE/UNIT

$500,000

CAP RATE

2.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R3

APN/PARCEL ID

199-083-08

ASK ABOUT THIS PROPERTY

Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.