308 13th Street, Seal Beach, California 90740, Seal Beach, 90740 - 6 bed, 4 bath

308 13th Street, Seal Beach, California 90740 home-pic-0
ACTIVE$2,949,000
308 13th Street, Seal Beach, California 90740
6Beds
4Baths
2,500Sqft
5,001Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential: The property is a duplex with two fully remodeled residences, currently producing passive income from tenants with leases in place.
Top Cons:
High Price Point: The list price of $2,949,000 may be a barrier to entry for some investors, requiring significant capital.

Compared to the nearby listings

Price:$2.95M vs avg $2.81M (+$144,000)57%
Size:2,500 sqft vs avg 2,295 sqft71%
Price/sqft:$1.2K vs avg $95557%

More Insights

Built in 1915 (110 years old).
Condition: Although built in 1915, the property description states that both residences have been fully remodeled with new flooring, appliances, kitchens, bathrooms, HVAC systems, and water heaters. The images confirm the recent renovations, showcasing modern kitchens and bathrooms. Given the extensive remodeling, the property is considered to be in good condition.
Year Built
1915
Close
-
List price
$2.95M
Original List price
$2.98M
Price/Sqft
$1,180
HOA
-
Days on market
-
Sold On
-
MLS number
OC24123154
Home ConditionGood
Features
Good View: Catalina, City Lights, Water
Deck
ViewCatalina,City Lights,Water

About this home

Nestled in the heart of Seal Beach, 308 13th St. offers two fully remodeled residences on one large double lot property. Both units feature new flooring, appliances, kitchens, bathrooms, HVAC systems, water heaters, and fresh paint inside and out. The rear house boasts a spacious open floor plan with 3 bedrooms, 2 baths, a walk-in closet, and a charming fireplace. Additionally, two massive 2-car garages provide convenience for both houses. The front house is a cozy single-story beach cottage with 3 bedrooms, 2 baths, and a delightful porch overlooking a sizable yard, perfect for leisure or outdoor dining. The rear house extends upwards with three stories, culminating in a roof deck offering panoramic views. New Pictures Coming Soon! This property is producing passive income from tenants, thanks to recent extensive remodeling and meticulous upkeep. Leases will be transferred to the new owner with 1 year remaining. The property also includes plans for two 2,508 s.f. houses, providing investors with an opportunity for future development. For all prospective buyers, 308 13th St. represents an exceptional investment in the vibrant Seal Beach community.

Nearby schools

8/10
J. H. Mcgaugh Elementary School
Public,K-50.4mi
9/10
Jack L. Weaver Elementary School
Public,K-53.4mi
8/10
Sharon Christa Mcauliffe Middle School
Public,6-85.2mi
9/10
Los Alamitos High School
Public,9-125.1mi
Condition Rating
Good

Although built in 1915, the property description states that both residences have been fully remodeled with new flooring, appliances, kitchens, bathrooms, HVAC systems, and water heaters. The images confirm the recent renovations, showcasing modern kitchens and bathrooms. Given the extensive remodeling, the property is considered to be in good condition.
Pros & Cons

Pros

Income Potential: The property is a duplex with two fully remodeled residences, currently producing passive income from tenants with leases in place.
Development Opportunity: The property includes plans for two 2,508 s.f. houses, offering significant future development potential for investors.
Extensive Remodel: Both units have been fully remodeled with new flooring, appliances, kitchens, bathrooms, HVAC systems, and water heaters.

Cons

High Price Point: The list price of $2,949,000 may be a barrier to entry for some investors, requiring significant capital.
Lease Transfer: The existing leases will be transferred to the new owner, which may limit immediate flexibility in rent adjustments or property use.

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