Two-Bedroom Residential Income
For Sale
$499,000
Pending
13721 Alderwood Lane, Seal Beach, CA 90740
Seal Beach, CA
Property Size1,050 SF
Days on Market100
Property Features for 13721 Alderwood Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Laundry Room, Bedroom 1, Living Room, Bathroom 2, Bedroom 2
Parking
1
Parking features
Carport, Assigned
Spa
1
Window features
Shutters, Skylight(s), Screens
Interior features
Laminate Counters, High Ceilings, Pantry, Open Floorplan, Cathedral Ceiling(s)
Exterior features
Rain Gutters
Appliances
Water Heater, Microwave, Built-In Range, Refrigerator, Electric Oven, Dishwasher, Electric Cooktop
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
Straight through main gate, through traffic light, right on Alderwood
Standard status
Pending
Size
1,050 SF
Taxes and HOA fees
HOA Fee
$619 Monthly
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
9 Hole Golf Course
Swimming Pool
Jacuzzi
Gym
Table Tennis
Shuffle Board
Billiards
Pickle Ball
Bocce Ball courts
Amphitheater
6 Clubhouses
Art Room
Sewing
Crafts
Wood Shops
Lapidary
Pool Tables
Over 200 Clubs
Security Guard-Gated Community
Library
Friends of Library Bookstore
Credit Union
Health Care Center
Pharmacy
Post Office
Building Details
Year built
1960
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
Concrete, Drywall Walls
Roof type
Composition
Architectural style
Contemporary
Listing Agency:
Gasper-Monteer Realty Group
(562) 431-2440
Listed By:
Nicholas Monteer · License #01927606
(213) 880-8220
Added: May 29
Changed: Sep 2
Last Checked: Sep 5 at 2:06PM
MLS# PW26116740
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 1,050-square-foot corner residence offers two full bedrooms and two bathrooms in an open-concept layout with vaulted ceilings and substantial storage. A brick patio and leaded-glass entry open to a bright interior with recessed lighting, double-pane windows, plantation shutters, laminate counters, and vinyl flooring. The kitchen includes an expanded skylight, oversized pantry, microwave, dishwasher, refrigerator, electric oven, and electric cooktop. The expanded primary suite features a walk-in closet, while the second bedroom includes vaulted ceilings, built-in storage, and a private half bath. Central HVAC, public water, public sewer, and an assigned carport at Space 6 are also provided.
The residence is located in Mutual 3 within a security guard-gated senior community. Community amenities include a 9-hole golf course, swimming pool, jacuzzi, gym, billiards, pickleball and bocce ball courts, six clubhouses, an amphitheater, library, health care center, pharmacy, post office, and more than 200 clubs.
The residence is located in Mutual 3 within a security guard-gated senior community. Community amenities include a 9-hole golf course, swimming pool, jacuzzi, gym, billiards, pickleball and bocce ball courts, six clubhouses, an amphitheater, library, health care center, pharmacy, post office, and more than 200 clubs.
Key Highlights
- 1,050‑square‑foot corner residence with 2 bedrooms and 2 bathrooms
- Open‑concept interior with vaulted ceilings and abundant storage
- Expanded primary suite with walk‑in closet and enlarged skylight
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
$20,042
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
4.02%
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%
$400,840
$400.8K
Cap Rate 7%
$286,314
$286.3K
Cap Rate 9%
$222,689
$222.7K
Market Conditions
NOI Build-Up for 1,050 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
$37.8K $36.00/SF
− Vacancy
−$1.4K −$1.30/SF
EGI
$36.4K $34.70/SF
− OpEx
−$16.4K −$15.62/SF
NOI
$20.0K $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%
$400,840
Cap Rate 7%
$286,314
Cap Rate 9%
$222,689
Alternative Uses
Best Use
Apartment 5plus
$286.3K
$250.5K – $334.0K
NOI $20,042 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.7K
$308.6K – $411.5K
NOI $24,687 @ 7.0% cap · market cap 4.95%
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
467
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 - Corner residence with vaulted ceilings, abundant storage, and access to extensive senior-community amenities.
Where is this residential income property located?
The property is located at 13721 Alderwood Lane Seal Beach, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,050‑square‑foot corner residence with 2 bedrooms and 2 bathrooms; Open‑concept interior with vaulted ceilings and abundant storage; Expanded primary suite with walk‑in closet and enlarged skylight
