Seal Beach, CA 90740 1515 Electric Avenue

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Presented By: Jon Flagg with Pacific Sotheby's Int'l Realty; jon@flaggrealestate.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# NP25140104
  • 06/24/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 1
  • Baths • 1
  • SQFT • 2,002
  • Garage • 3

Home Details

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.
Presented By: Jon Flagg with Pacific Sotheby's Int'l Realty; jon@flaggrealestate.com

Interior Features for 1515 Electric Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Interior AmenitiesBuiltInFeatures, CeilingFans, CrownMolding
Laundry FeaturesCommonArea
Total Stories2
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 1515 Electric Avenue

Additional Parcels Y/NNo
AppliancesElectricCooktop, Disposal, Refrigerator
Architectural StyleBungalow
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySeal Beach
Community FeaturesCurbs, StreetLights, Sidewalks
CoolingNone
CountyOrange
DirectionsSouth on Seal Beach Blvd, turn right on Electric to address and park Cross Streets: N/Electric W/Seal Beach Blvd.
Electric Expense100.0
Entry Location1
Garage Spaces3.0
Garage Y/NYes
Gross Income72264.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet3920.0
Lot Size UnitsSquareFeet
MLS Area1A - Seal Beach
MobileHomeRemainsYNNo
Net Operating Income51264.0
New ConstructionNo
Number Of Units Total3
Operating Expense21000.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
RoofTarGravel
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameOld Town (OLDT)
Tax Lot4
Trash Expense100.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
Water Sewer Expense100.0
Year Built1954
Year Built SourceAssessor

Exterior for 1515 Electric Avenue

Building Area Total2002.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, CornerLot
Lot Size Acres0.09
Lot Size Area3920.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters3
Number of Separate Water Meters1
Parking FeaturesAssigned, Garage
Private PoolNo
SpaNo
Total Parking3.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,250,000
MLS#NP25140104
List Date 06/24/2025
Property Type Multi-Family
Phone 714.742.6515
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