1603 1605 Electric Avenue, Seal Beach, California 90740, Seal Beach, 90740 - bed, bath

1603 1605 Electric Avenue, Seal Beach, California 90740 home-pic-0
ACTIVE$3,925,000
1603 1605 Electric Avenue, Seal Beach, California 90740
0Bed
0Bath
3,089Sqft
6,098Lot
Year Built
1940
Close
-
List price
$3.92M
Original List price
$3.92M
Price/Sqft
$1,271
HOA
-
Days on market
-
Sold On
-
MLS number
PW25233539
Home ConditionExcellent
Features
Good View: City Lights, Park/Greenbelt, Neighborhood
Deck
ViewCity Lights,Park/Greenbelt,Neighborhood

About this home

We found 3 Cons,5 Pros.

A charming 7-unit rental building nestled on two parcels in the heart of Seal Beach's vibrant Old Town. Offering unique historic charm, this coveted neighborhood is conveniently located near the Pier, Downtown Shopping & Restaurants. The special events of Seal Beach including the Christmas Parade, Car Show, Summer Concerts and more are a constant draw for existing and prospective tenants. Additionally alluring is the park/greenbelt in the center median facing the property. Originally constructed in 1939 and beautifully renovated in 2017, this multi-family property features seven thoughtfully upgraded units. Featured in the remodel was new plumbing, electrical, roof, heating, drywall, windows & doors. Interiors were also newly equipped with kitchens and baths as well as new flooring, paint and light fixtures throughout. Each unit features recessed lighting, ceiling fans, and are TV/HDMI and internet-ready. The property includes a laundry facility for convenient use By the tenants. This is a humble, yet trophy property for your investment property portfolio. Seal Beach is coveted by many and unique opportunities such as this are rare.

Price History

Date
Event
Price
10/09/25
Listing
$3,925,000
Condition Rating
Excellent

This property underwent an extensive and comprehensive renovation in 2017, which included new plumbing, electrical, roof, heating, drywall, windows, doors, kitchens, baths, flooring, paint, and light fixtures throughout all seven units. While the renovation was 7 years ago, its thoroughness effectively reset the property's condition to 'virtually new' for all major systems and interior finishes. The images confirm modern, high-quality kitchens with stainless steel appliances, contemporary cabinetry, and subway tile backsplashes, as well as updated bathrooms with modern vanities and tiling. The property exhibits no signs of deferred maintenance and meets current quality standards, making it move-in ready with a high level of finish.
Pros & Cons

Pros

Prime Old Town Location: Situated in the highly desirable Old Town Seal Beach, offering walkability to the Pier, downtown amenities, and facing a scenic greenbelt, ensuring high tenant demand.
Extensive 2017 Renovation: Comprehensive updates including plumbing, electrical, roof, heating, windows, doors, kitchens, and baths significantly reduce immediate capital expenditure and enhance tenant appeal.
Diversified 7-Unit Income Stream: A multi-family property with seven units provides a robust and diversified rental income, making it a strong investment vehicle.
Historic Charm with Modern Comforts: Blends the unique character of a 1939-built property with modern interior finishes, recessed lighting, ceiling fans, and connectivity, appealing to a broad tenant base.
Tenant-Focused Amenities: On-site laundry facility and units equipped with recessed lighting, ceiling fans, and TV/HDMI/internet readiness enhance tenant convenience and property marketability.

Cons

Lack of Dedicated Parking: The description does not mention any dedicated parking for a 7-unit building, which could be a significant inconvenience for tenants in a dense urban area.
Age of Original Construction: Despite extensive renovations, the property's original 1939 construction date may imply potential for underlying structural or unforeseen issues not covered by the 2017 updates.
Absence of Air Conditioning: While heating is mentioned, there is no indication of a cooling system, which could be a drawback for tenants during warmer months, even in a coastal climate.

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