$1,995,000
1515 Electric Avenue, Seal Beach CA 90740
Multi-Family (3 Units)
Property type
74 days
On market
$997
Price per sqft
3 cars
Garage
1954
Year built
3,920 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Jon Flagg DRE #01316048 949-533-7878, Pacific Sotheby's Int'l Realty, Kyle Flagg DRE #02095991, Pacific Sotheby's Int'l Realty
Listing updated: Mar 23, 2026 at 10:33pm.
Last checked: Jun 5, 2026 at 07:31pm
Source: CRMLS #NP26060901
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $1,595 | $1,595 | $2,500 | Unfurnished |
| 1 | 1 | 1 | 1 | $2,585 | $2,585 | $2,700 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,842 | $1,842 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 4
Separate Gas Meters: 3
Separate Water Meters: 1
Carpet: 3
Disposal: 3
Refrigerator: 3
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
27.6x
List Price / Annual Gross Rent
Cap Rate
2.57%
NOI / List Price
Gross Scheduled Income: $72,264
Operating Expense: $21,000
Net Operating Income: $51,264
Annual Operating Expenses
Electric: $100
Insurance: $3,000
Trash: $100
Water / Sewer: $100
Interior
Interior Features: Built In Features, Ceiling Fans, Crown Molding
Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Flooring: Carpet
Cooling: None
Heating: Wall Furnace
Appliances: Electric Cooktop, Disposal, Refrigerator
Fireplace: None
Laundry: Common Area
Entry Location: 1
Exterior
Architectural Style: Bungalow
Property Attached: No
Stories Total: 2
Levels: Two
Roof: Tar Gravel
Window Features: Double Pane Windows
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre, Corner Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Garage and Parking
Parking: Assigned, Garage
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 19906616
Additional Parcels: No
Tax Lot: 4
Tax Block: 220
Subdivision: Old Town (OLDT)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1515 Electric Avenue, Seal Beach, CA 90740. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,596,000
Total Interest
$2,035,610
Total Payment
$3,631,610
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,316
per month
Property History for 1515 Electric Avenue
Seal Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90740.
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