1603 Electric, Seal Beach CA 90740 | $3,925,000

A charming 7-unit rental building nestled on two parcels in the heart of Seal Beach's vibrant Old Town. Offering unique historic charm, this coveted neighborhood is conveniently located near the Pier, Downtown Shopping & Restaurants. The special events of Seal Beach including the Christmas Parade, Car Show, Summer Concerts and more are a constant draw for existing and prospective tenants. Additionally alluring is the park/greenbelt in the center median facing the property. Originally constructed in 1939 and beautifully renovated in 2017, this multi-family property features seven thoughtfully upgraded units. Featured in the remodel was new plumbing, electrical, roof, heating, drywall, windows & doors. Interiors were also newly equipped with kitchens and baths as well as new flooring, paint and light fixtures throughout. Each unit features recessed lighting, ceiling fans, and are TV/HDMI and internet-ready. The property includes a laundry facility for convenient use By the tenants. This is a humble, yet trophy property for your investment property portfolio. Seal Beach is coveted by many and unique opportunities such as this are rare.

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