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Sold for $5,000,000 on 07/10/25
  • Listing Provided by: 

    Spencer Pabst DRE #01849377 562-884-6875,

    Pabst, Kinney & Associates

    $5,000,000

    1102 Central Ave, Seal Beach, CA 90740

    17beds
    13baths
    8,923sqft
    Multi Family
    Built in 1969
    -- sqft lot
    $-- Zestimate®
    $560/sqft
    $5,243 Estimated rent

    What's special

    PRICE IMPROVEMENT! Rare Opportunity in Seal Beach's Coveted Old Towne - Pride of Ownership Asset! A rare opportunity to own a truly exceptional, generational pride of ownership property in Old Towne Seal Beach, one of Southern California's most desirable beach communities. Located just two blocks from the Ocean, Seal Beach Pier, and the charming boutiques and cafes of Seal Beach's iconic Main Street, this property offers an unbeatable location. Offered for the first time in over 30 years, the portfolio consists of two separate parcels at 1102-1106 Central Ave. and 144 11th Street, encompassing 8,923 rentable square feet on a 9,191 square foot lot. The property includes 9 well-maintained units: (3) 2-Bed | 1.5-Bath Units, (4) 2-Bed | 1-Bath Units, (1) 2-Bed | 2-Bath Unit, (1) 1-Bed | 1-Bath Unit. Additionally, the property features 9 single-car garages, providing ample parking and potential for future ADU conversions. The 1102-1106 Central Ave. building consists of 3 units: two spacious 2-bed | 1.5-bath townhouse units (approx. 1,300 sq. ft. each) and a large 2-bed | 1.5-bath unit above the garages. The 144 11th Street building includes 6 units: (4) 2-bed | 1-bath units, (1) 2-bed | 2-bath unit, and (1) 1-bed | 1-bath unit. Both buildings have been meticulously maintained, with a complete re-roof in 2021, including new roof drains. With little deferred maintenance, this property offers over 40% upside potential in rental income. Don’t miss out on this rare opportunity to own a pride of ownership asset in one of Southern California’s most sought-after beach communities.

    Zillow last checked: 7 hours ago

    Listing updated: July 10, 2025 at 03:34pm

    Listing Provided by:

    Spencer Pabst DRE #01849377 562-884-6875,

    Pabst, Kinney & Associates

    Bought with:

    Spencer Pabst, DRE #01849377

    Pabst, Kinney & Associates

    Source: CRMLS,MLS#: PW25042318MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 13
    Heating
    • Radiant
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 8,923
    • Total interior livable area: 8,923 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Assigned
    • Garage spaces: 9
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 9,191 sqft
    • Features: Corner Lot, Rectangular Lot
    Details
    • Additional parcels included: 19907226
    • Parcel number: 19907225
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Seal Beach
    • Subdivision: Old Town (Oldt)

    HOA & financial

    Other financial information
    • Total actual rent: 23015

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability