Cook Top Range, Dishwasher, Microwave Oven, Oven, Refrigerator.
No expense spared on this fully remodeled, 7 unit adorable beach complex just a few blocks from the crashing waves in Old Town Seal Beach. Great location and opportunity for investors seeking a strong and consistent ROI without the headaches associated with managing older units. These are (2) individual parcels (APN #19906425 and #19906424 - address is 1603 and 1605 Electric Ave) separated by a common courtyard, laundry and 4 garages (2 garages for each parcel). The owner recently took all units down to the studs and painstakingly renovated the entire complex while keeping the charming feel of the original beach bungalows. Recent renovations included electrical, plumbing, roof, heating system, drywall, insulation, windows, doors and landscape. Completely remodeled kitchens with new appliances, quartz counter tops, cabinets, sinks and fixtures. All new bathrooms, toilets, vanities, cabinets, fixtures and tile work. High quality gray laminate flooring throughout plus new paint, light fixtures, garage doors and shared laundry room. Nothing like them in Seal Beach and Units are fully occupied! All financial information in this listing represents current leases in place and historical expenses. Financial information and list price is for both units. Individual parcel and financial information can be viewed at MLS #OC18114954 and OC18113788 where listed separately. These units may be financed separately to take advantage of multi-family interest rates. Turn key and Fully leased!
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