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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,795,000

Est. payment - /mo

3,920 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Old Town (Oldt)

MLS Listing ID PW26218394

HOA Y/N No

Year Built 1958

Lot Size 3,920 Sqft

Property Sub-Type Triplex

Property Description

Three residences. Three private garages. A corner location along the Electric Avenue Greenbelt. At 1515 Electric Avenue in Old Town Seal Beach, this triplex brings together existing rental income and the everyday appeal of coastal Orange County.

The approximately 2,002-square-foot building contains three one-bedroom, one-bathroom residences, each with its own single-car garage. The property offers bright, functional layouts with large closets, upgraded windows and window coverings. Interior details include custom built-ins, garden windows, crown molding, tile accents and ceiling fans. Kitchens include electric cooking appliances, refrigerators and disposals. A shared laundry room is available to residents at no charge.

The Greenbelt setting is a defining feature of this property, placing an established neighborhood walking route alongside the corner lot. Nearby, Main Street's independent shops, restaurants and cafés, the Seal Beach Pier and the Pacific shoreline connect the address to the coastal destinations that shape daily life in Old Town. Dedicated garage parking and on-site laundry complement that location with practical amenities for residents.

Reported rents total $6,022 per month, or $72,264 annually, across the three occupied residences. Buyers can assess future rental potential using the current income, property condition and comparable local rents, with any changes subject to existing tenancies and applicable requirements.

For buyers seeking a Seal Beach multifamily investment, 1515 Electric Avenue offers a clear combination: three one-bedroom residences, a garage for every unit, established rental income and Greenbelt frontage in Old Town.

Location

State CA

County Orange

Area 1A - Seal Beach

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Appliance Electric Cooktop, Electric Oven, Disposal, Refrigerator

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Dog Park, Gutter(s), Park, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected

View Y/N No

View None

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 19906616

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Nat Ferguson Splash Real Estate 562-761-7165, DRE #01387196

NEARBY SCHOOL & BUSINESS

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1515 Electric Seal Beach, CA 90740