Seal Beach, CA 90740,2999 WESTMINSTER Boulevard
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Seal Beach, CA 90740,2999 WESTMINSTER Boulevard
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Listed by Serena Goss • Altamira Properties
$ 6,000,000
Est. payment /mo
New

2999 WESTMINSTER Boulevard Seal Beach, CA 90740

13,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 13,000 sqft

Price per Sqft $461

MLS Listing ID CROC25095956

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1969

Lot Size 0.806 Acres

Property Sub-Type Office

Property Description

TREMENDOUS UPSIDE OPPORTUNITY! Rarely does a Commercial Multi-Tenant building come available in a Prime Location with a 5:1000 Parking Ratio that is producing strong income at only 49% leased. Seller has been keeping 51% available for an Owner/User with SBA Financing. Perfect for a Medical Operator (Medical with CUP). ProForma Income estimated at $65,000 to $75,000/month fully leased. This building is an incredible investment and has no deferred maintenance. New Roof in 2023; Fully Renovated in 2007 bringing Electrical and Air Handling up to code. Owner Occupies second (2nd) Floor currently and has been actively managing and maintaining the property. There is nothing at this age and price point in such good condition. High Quality Long Term Tenants occupy the first floor with only one small space available. Tenant mix consists of a Periodontist, Wellness Practice, Pilates Studio, Insurance and other healthcare related services. The building provides not only 56 Parking Spaces (5:1000) but has a Reciprocal Parking Agreement (in Perpetuity) with adjacent Seal Beach Village Plaza so there is even more parking availability. This is ideal for Medical Use and rare to find in a building a few minutes from the beach. Strategically positioned adjacent to the intersection of Seal Beach Bou

Location

State CA

County Orange

Interior

Heating Forced Air, Solar, Other

Fireplace No

Building

Water Public


Bay East AOR and Contra Costa AOR
agent

Sofia Gurevich

Real Estate & Mortgage Broker | License ID: CA DRE 01249163 I NMLS 287968

+1(925) 890-4044

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2999 WESTMINSTER Boulevard