1
Map
$939,000
●
House -
Off Market
340 12th Street
Seal Beach, CA 90740
2 Beds
1 Bath
874 Ft²
$1,454,088
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
This quintessential beach home is ideally situated on a corner lot,
perfectly positioned to capture maximum sunshine and beach vibes.
With an abundance of windows, the interior captures the cool ocean
breezes and floods the home with cheerful sunlight. Step outside to
your private patio area where you'll find ample space for
entertaining, barbecuing or simply enjoying a book on a warm
afternoon. An additional bonus room with bathroom attached to the
garage presents multiple opportunities. Just across the street is a
large park area perfect for kids or pets to play and just three
blocks from dining and shopping on Main Street. Don't miss your
chance to start living the Seal Beach lifestyle today!
Unit Size
874 Ft²
Days on Market
49 days
Land Size
0.07 acres
Price per sqft
$1,074
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #PW18029172)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2019 | No longer available | - | |
| No longer available | |||
| Jan 11, 2019 | Listed | $1,099,000 | |
| Listed | |||
| | |||
|
Charming beach bungalow ideally situated on a corner lot in the heart of Old Town Seal Beach. This 2 bed, 1 bath beach home has been nicely updated and is move in ready. Plenty of open space and windows offering bright sunshine and cool ocean breezes. Newer flooring, windows and paint throughout. Updated kitchen with stainless steel appliances. Two bedrooms share an upgraded full bath. Spacious outside private patio with plenty of space for BBQing and entertaining guests and family. Two car detached garage with extra bonus space for storage or workroom. Walking distance to the beach, large park area for kids and pets, shopping and restaurants on Main Street. Plans to build a 2200 sq.ft., 4 bed, 3 bath, two story gorgeous beach home will come with the sale of the property. The plans were done by locally renowned architecture firm, Sennikoff. The plans are 70% complete and ready to be finished off and submitted to the City. Plans are attached. The manager has listed the unit size as 874 square feet.
| |||
| Mar 28, 2018 | Sold | ||
| Sold | |||
| Jan 5, 2018 | Listed by Ferguson Realty | $939,000 | |
| Listed by Ferguson Realty | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Seal Beach
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Listed by: Nat Ferguson, Ferguson Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18029172
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18029172
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