2999 WESTMINSTER Boulevard
Seal Beach, CA, 90740
$6,000,000
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0 Baths
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$6,000,000
2999 WESTMINSTER Boulevard
Seal Beach, CA, 90740
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 Boulevard and Westminster Avenue. Seal Beach Boulevard conveniently features a nearby on/ off ramp to the I-405 Freeway. The location boasts strong demographics consisting of 351,499 permanent residents with an average household income in excess of $90,000 within a five (5) mile radius, and 86,392 permanent residents with an average household incomeof $103,373 within a three (3) mile radius of 2999 Westminster Ave. Within 5-10 minutes drive time to multiple beaches and coastal areas in Seal Beach, Sunset Beach, Long Beach and Huntington Beach.

Property Details

Price:
$6,000,000
MLS #:
OC25095956
Status:
Active
Baths:
0
Address:
2999 WESTMINSTER Boulevard
Type:
Commercial
Subtype:
Office
Neighborhood:
1asealbeach
City:
Seal Beach
Listed Date:
May 1, 2025
State:
CA
ZIP:
90740
Year Built:
1969

Schools

Interior

Heating
Combination, Forced Air, Solar
Laundry Features
None

Exterior

Construction Materials
Brick, Concrete, Glass, Stucco
Parking Spots
56.00
Roof
Spanish Tile
Security Features
Security System, Smoke Detector(s), Wired for Alarm System

Financial

Maintenance Fee
$25,194
Taxes
$25,194
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2999 WESTMINSTER Boulevard
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