SEAL BEACH, CA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for 10.71 acres of waterfront property in Seal Beach. The listing price is $26.5 million.Paul A. Bitonti (top right photo) and Jack Hopkins, both vice president investments in the Newport Beach office of Marcus & Millichap, are representing the seller, a group of private investors.
“This vacant land containing, which contains three contiguous parcels and nearly 800 feet of water frontage, represents the l
argest waterfront property remaining in the Greater Southern California area,” says Bitonti.
argest waterfront property remaining in the Greater Southern California area,” says Bitonti. Located at the southwest corner of Marina Drive and First Street, the property is near the main beach and pier and walking distance to restaurants and shopping.
Development possibilities for the property include a hotel, high-end luxury homes, multi-family communities and visitor-serving open-space use.
Press Contact: Stacey Corso, Communications Department, (925) 953-1716
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