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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,250,000

Est. payment - /mo

3,920 Sqft Lot

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Old Town (Oldt)

MLS Listing ID NP25140104

HOA Y/N No

Year Built 1954

Lot Size 3,920 Sqft

Property Sub-Type Mixed Use

Property Description

Premium Old Town Triplex | 3 × 1-Bed / 1-Bath Units
Live the coastal dream—or invest in it. Situated on a prime 4,144 square foot corner lot with over 100 feet of lush Green Belt frontage, this beautifully maintained triplex offers strong rental upside in the heart of vibrant Old Town Seal Beach. Each of the three 1-bedroom, 1-bath units features a bright, functional layout with large closets, upgraded windows, window coverings, and a private single-car garage.
The kitchens are well-equipped, and thoughtful updates throughout include custom built-ins, garden windows, crown molding, tile, and ceiling fans. A shared laundry room—provided free to tenants—enhances long-term appeal and ease of management.
Located just steps from the beach, pier, and charming Main Street, this exceptional investment benefits from Seal Beach's walkable lifestyle, tight-knit community, and top-rated schools. The adjacent Green Belt and coastal surroundings provide a tranquil, highly desirable setting that continues to attract long-term tenants.
With under-market rents, stable occupancy, and classic Old Town charm, 1515 Electric Avenue is an ideal opportunity for investors seeking location, potential, and dependable income.
Property may be shown upon seller's review of an offer.

Location

State CA

County Orange

Area 1A - Seal Beach

Interior

Interior Features Built-in Features, Ceiling Fan(s), Crown Molding

Heating Wall Furnace

Cooling None

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance Electric Cooktop, Disposal, Refrigerator

Laundry Common Area

Exterior

Parking Features Assigned, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Tar/Gravel

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 19906616

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Jon Flagg Pacific Sotheby's Int'l Realty jon@flaggrealestate.com

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1515 Electric AVE Seal Beach, CA 90740