Corner Residential Income
For Sale
$375,000
13220 Southport Lane, Seal Beach, CA 90740
Seal Beach, CA
Property Size720 SF
Lot Size0.00 Acres
Price / SF$520.83
Days on Market37
Property Features for 13220 Southport Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Laundry Room, Bedroom 1, Bathroom 1
Parking features
Carport
Interior features
Built-in Features, Storage, Formica Counters
Appliances
Water Heater, Built-In Range, Electric Range, Electric Oven, Dishwasher
Subdivision
Leisure World (LW)
View
Park
Elementary school district
Los Alamitos Unified
Middle school district
Los Alamitos Unified
High school district
Los Alamitos Unified
Directions
Enter main gate and go straight. turn right onto St Andrews and right at Northwood. left onto Southport Lane.
Standard status
Active
Size
720 SF
Lot size
0.00 Acres
Taxes and HOA fees
HOA Fee
$450 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Amenities
swimming pool
jacuzzi
gym
table tennis
shuffle board
billiard
pickle and bocce ball
amphitheater
ceramic and art studios
lapidary
library
health center
pharmacy
post office
skylights
dishwasher
patio
walk-in shower
Building Details
Year built
1960
Floors in Building
1
Flooring type
Laminate
Additional Structures
Storage
Listing Agency:
Coldwell Banker Envision · Berkshire Hathaway HomeServices
(562) 594-0515
Listed By:
Hanna Rubinstein · License #01308588
(562) 900-4243
Added: Jul 29
Changed: Sep 2
Last Checked: Sep 3 at 5:06PM
MLS# PW26166390
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 720-square-foot corner residence at 13220 Southport Lane includes two bedrooms, one bathroom, laminate flooring, a dishwasher, electric range and oven, heat-pump heating and cooling, and a carport. Four skylights bring natural light to the living room, kitchen, bathroom, and second bedroom. The home also features a built-in desk and cabinetry, a walk-in shower, and storage integrated into the interior and carport areas.
Outdoor space includes a wraparound 400 sqft patio with a storage room and built-in cabinet. The property is within Leisure World, a gated senior community in Seal Beach with six clubhouses, more than 200 clubs, a swimming pool, jacuzzi, gym, library, health center, pharmacy, post office, amphitheater, and multiple recreational and creative activity facilities. Public water and public sewer serve the property.
Outdoor space includes a wraparound 400 sqft patio with a storage room and built-in cabinet. The property is within Leisure World, a gated senior community in Seal Beach with six clubhouses, more than 200 clubs, a swimming pool, jacuzzi, gym, library, health center, pharmacy, post office, amphitheater, and multiple recreational and creative activity facilities. Public water and public sewer serve the property.
Key Highlights
- 720 square feet with two bedrooms and one bathroom
- Wraparound 400 sqft patio with storage room and built‑in cabinet
- Four skylights located in the living room, kitchen, bathroom, and second bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,743
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$274,860
$274.9K
Cap Rate 7%
$196,329
$196.3K
Cap Rate 9%
$152,700
$152.7K
Market Conditions
NOI Build-Up for 720 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.9K $36.00/SF
− Vacancy
−$933 −$1.30/SF
EGI
$25.0K $34.70/SF
− OpEx
−$11.2K −$15.62/SF
NOI
$13.7K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$274,860
Cap Rate 7%
$196,329
Cap Rate 9%
$152,700
Alternative Uses
Best Use
Apartment 5plus
$196.3K
$171.8K – $229.1K
NOI $13,743 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$241.8K
$211.6K – $282.1K
NOI $16,928 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Explore this area
Business Placement
Demographics for 90740, CA
24,769
Population
14,208
Households
1.7
Avg Household Size
61
Median Age
51%
College-Educated
95%
High-School Grad
11.1 sq mi
ZIP Area
2,231
Density / Sq Mi
$82,427
Median Household Income
$70,686
Median Earnings
$2,421
Median Rent
$488,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Bright corner residence with extensive storage, private outdoor space, and access to a gated senior community’s on-site amenities.
Where is this residential income property located?
The property is located at 13220 Southport Lane Seal Beach, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 720 square feet with two bedrooms and one bathroom; Wraparound 400 sqft patio with storage room and built‑in cabinet; Four skylights located in the living room, kitchen, bathroom, and second bedroom
