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Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Old Town (Oldt)
MLS Listing ID PW19205232
Sold Date 01/28/20
HOA Y/N No
Year Built 1938
Lot Size 3,720 Sqft
Property Description
1505, 1507 and 1509 Ocean Avenue. Family home for two generations. Wonderful upstairs (owners unit) is 3 bedroom, 2 bath with fireplace, formal dining room and large private outside deck. Beautiful hardwood floors. Ground level private formal entry with stairs leading to the living area. Master with private bath. Natural light throughout. French doors open to a roof top deck with peekaboo views. This unusually large outside deck area could be an extension of the entertainment space directly connected to the unit. Double garage below plus apron for 3rd vehicle. Laundry hook ups for owners unit in the garage. Units are both ground level 1 bedroom i baths. The smaller of the two has a wood burning fireplace. and small patio. The larger of the two is in front and faces the street. Long term tenants on month to month agreements in all three units. Property has just been completely re piped. Central courtyard or common area is shared. This property will appeal to both an owner occupant possibility wanting a beach house with an income offset or an investor wanting a highly desirably prime beach community. Some upgraded vinyl clad windows. Great Old Town location. Walk to Main Street, the pier and of course just across the street from the the beach. This is a great opportunity for someone. Upstairs unit 1,152 sqft, front unit 760 sqft and middle unit 575 sqft according to previous appraisal.
Location
State CA
County Orange
Area 1A - Seal Beach
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type Living Room, Wood Burning
Fireplace Yes
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 19908429
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Kook Cho • CRMLS