
Seal Beach, California 90740
Analysis of 1515 Electric Avenue, Seal Beach, California 90740 is currently available with a list price of $1,995,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Seal Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is a well-maintained 1954 triplex that is move-in ready for tenants. While the kitchen and bathrooms feature older styles such as tile countertops and white appliances, the units have been thoughtfully updated with dual-pane windows, crown molding, ceiling fans, and custom built-ins. The overall condition shows minimal wear and tear and pride of ownership, despite the older architectural era.
Elementary School: Jack L. Weaver Elementary School (9/10). High School: Los Alamitos High School (9/10).
Situated on a premium corner lot in Old Town Seal Beach with over 100 feet of Green Belt frontage, the property offers exceptional walkability to the beach, pier, and Main Street.
The property features under-market rents, providing a clear opportunity for investors to increase cash flow and capitalize on the high demand for coastal rentals.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3920, other record lot size in square feet = 3786.
The requirement for an offer to be reviewed prior to any physical showing may deter prospective buyers and complicates the initial due diligence process.
The triplex consists exclusively of 1-bedroom, 1-bath units, which limits the potential tenant pool to individuals or couples and may result in higher turnover compared to multi-bedroom units.
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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 3.6 mi
Grades 6-8 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,002 | 3,030 | 50% |
| Lot Size | 3,920 | 4,164.5 | 50% |
| Price | $2.00M | $2.27M | 50% |
| Price per sq ft | $997 | $812 | 50% |
| Built year | 1954 | 1958 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 269 | 50% |
Mar 23, 2026
$1,995,000
Initial Listing
Apr 12, 2013
$1,050,000
Public Record