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SOLD BEFORE LISTED - FOR COMP PURPOSES ONLY. Outstanding opportunity to own a charming 3 unit building just a few blocks away from famed Seal Beach Pier, white sand beaches, crashing waves and Main Street with great shopping, restaurants and parks. Located on popular Electric Avenue which features a beautiful and inviting tree lined park in the grass median with plentiful parking. These adorable units can ONLY be sold together with the adjacent 4 unit property located at 1603 Electric Ave (See MLS #). These 2 properties have separate Assessors Parcel numbers and have a combined list price of $2 million. The combined buildings when purchased together (7 units, 4 car garage) face each other and are separated by a private courtyard. Although somewhat original in condition, these units are clean and have been owned by the same family for many years and never been offered for sale. The units have been 100% rented to long term tenants with great upside in gross income due to below market rents being charged. With an investment in light remodeling, the increase in income and ROI could be significant. Each parcel has a 2 car garage accessed through the back alley and there is one laundry facility. The financial info in this listing is for the 1605 address only.
Listing agent: Dean Lueck DRE #01752859 dlueck@cox.net, Listing office: First Team Estates
MLS data updated 11/1/2026, 1:49:12 AM PT
Source: CRMLS, MLS #: OC16017335
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 26, 2016
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90740 · Nov 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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