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Two-Bedroom Residential Condo

1541 Northwood Seal Beach, CA 90740

1541 Northwood, Seal Beach, CA, 90740
$349,000
For Sale
$349,000

MULTI_FAMILY - Seal Beach, CA

Property Size1,050 SF
Lot Size0.03 Acres
Price / SF$332.38
Days on Market160

Property Features for 1541 Northwood

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Kitchen, Laundry Room, Bathroom 1
Parking
1
Parking features
Carport, Assigned
Spa
1
Patio and Porch features
Patio
Interior features
High Ceilings, Ceiling Fan(s), Open Floorplan
Appliances
Disposal, Electric Water Heater, Microwave, Refrigerator, Electric Oven, Electric Cooktop
Standard status
Active
APN
94730915
Size
1,050 SF
Lot size
0.03 Acres

Utilities

Sewer type
Public Sewer
Heating system
Radiant, Electric (Heating)
Water source
Public

Building Details

Year built
1962
Floors in Building
1
Number of units
1
Flooring type
Carpet, Vinyl
Listing Agency Keller Williams Pacific Estate
2883 E Spring Street Ste.100, Long Beach, CA
Listed by Beatrix Whipple · License #01355505
Added: Feb 11 Updated: Jul 21 at 4:20 am Checked: Jul 21 at 5:06 am
MLS# PW26031534

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.

1541 Northwood #273D is a move-in ready two-bedroom residential condo located in Mutual 11 within Leisure World Seal Beach. The home features an open floor plan with expansive windows and sliding glass doors designed to bring in natural light and frame peaceful greenbelt views. The south-facing orientation supports brightness throughout the day. The primary bedroom includes a skylight and generous closet space, while the second bedroom offers flexibility and can function as a guest room, office, hobby space, or den.

The property is positioned near the north gate and close to the community’s multi-use recreation center, offering convenient access to on-site amenities associated with Leisure World.

With a comfortable living and dining layout, thoughtful indoor flow, and ample storage, the home is presented as comfortable and functional for everyday use.

Key Highlights

  • 2‑bedroom home in Mutual 11 at Leisure World Seal Beach with an open floor plan and lots of natural light
  • South‑facing orientation with expansive windows and sliding glass doors overlooking a greenbelt setting
  • Primary bedroom includes a skylight and generous closet space

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $37.8k $36.00
− Vacancy −$1.4k −$1.30
EGI $36.4k $34.70
− OpEx −$16.4k −$15.62
NOI $20.0k $19.09
1,050 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$286.3K
$250.5K – $334.0K (±1% cap)
NOI $20,042 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.7K
$308.6K – $411.5K (±1% cap)
NOI $24,687 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Restaurant Daycare Center Building Supply Parking Lot & Garage Auto Repair Shop HVAC Service Auto Parts Store Grocery & Convenience Store Spa & Massage Center Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Move-in ready two-bedroom home with an open floor plan, abundant natural light, and a south-facing orientation.
Where is this single family property located?
The property is located at 1541 Northwood Seal Beach, CA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2‑bedroom home in Mutual 11 at Leisure World Seal Beach with an open floor plan and lots of natural light; South‑facing orientation with expansive windows and sliding glass doors overlooking a greenbelt setting; Primary bedroom includes a skylight and generous closet space
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More about this property
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