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Modernized Residential Income Property
For Sale
$715,000

1080 Brookline Road, Seal Beach, CA 90740

Seal Beach, CA

Property Size1,150 SF
Price / SF$621.74
Days on Market10

Property Features for 1080 Brookline Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Laundry Room
Parking features Assigned, Carport
Spa 1
Window features Skylight(s), Double Pane Windows, Screens
Interior features Quartz Counters, Built-in Features, Pantry, Open Floorplan, Cathedral Ceiling(s)
Fireplace 1
Appliances Disposal, Refrigerator, Ice Maker, Electric Oven, Dishwasher, Electric Cooktop
Subdivision Leisure World (LW)
Elementary school district Los Alamitos Unified
Middle school district Los Alamitos Unified
High school district Los Alamitos Unified
Directions Immediate right after entering main gate, talk all the way around to Oak Hills, make a right and follow around to Brookline, left and immediate right at carports. Follow carport around and park by building 213.
Standard status Active
Size 1,150 SF

Taxes and HOA fees

HOA Fee $596 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
Central HVAC

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
Listed By: Carol Gasper · License #01276484
Added: Aug 27 Changed: Sep 3 Last Checked: Sep 5 at 5:06AM
MLS# PW26188222

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 1,150-square-foot residential income property in Mutual 9 was built in 1960 and substantially updated with a contemporary interior. The layout includes two bedrooms, two bathrooms, a reworked living area with fireplace, and a separate laundry room. Interior details include quartz counters, a large kitchen island, stainless steel appliances, custom bathroom vanities, glass-enclosed showers, a walk-in closet, recessed lighting, cathedral ceilings, and vinyl flooring. Central heating and central air serve the home, while assigned carport parking is provided at 1080 Brookline Road.

The property is located in a security guard-gated senior community with a 9-hole golf course, swimming pool, jacuzzi, gym, and courts for table tennis, shuffleboard, pickleball, and bocce ball. Community facilities also include six clubhouses, an amphitheater, library, bookstore, credit union, health care center, pharmacy, and post office. Public water and sewer are available, along with cable service.

Key Highlights

  • 1,150‑square‑foot property with 2 bedrooms and 2 bathrooms
  • Updated kitchen with quartz counters, oversized island, stainless steel appliances, and abundant cabinetry
  • Primary suite includes a walk‑in closet and glass‑enclosed shower

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
$21,950
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
3.07%
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%
$439,000 $439.0K
Cap Rate 7%
$313,571 $313.6K
Cap Rate 9%
$243,889 $243.9K
Market Conditions
NOI Build-Up for 1,150 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
$41.4K $36.00/SF
− Vacancy
−$1.5K −$1.30/SF
EGI
$39.9K $34.70/SF
− OpEx
−$18.0K −$15.62/SF
NOI
$22.0K $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%
$439,000
Cap Rate 7%
$313,571
Cap Rate 9%
$243,889

Alternative Uses

Best Use
Apartment 5plus
$313.6K
$274.4K – $365.8K (±1% cap)
NOI $21,950 @ 7.0% cap · market cap 3.07%
Second Best
no second resolved use
Theoretical Best
Office A
$386.3K
$338.0K – $450.6K (±1% cap)
NOI $27,038 @ 7.0% cap · market cap 3.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Law Firm Restaurant Hair Salon Real Estate Agency Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Reconfigured residence with quartz finishes, central HVAC, dedicated laundry, and access to extensive senior-community amenities.
Where is this residential income property located?
The property is located at 1080 Brookline Road Seal Beach, CA.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 1,150‑square‑foot property with 2 bedrooms and 2 bathrooms; Updated kitchen with quartz counters, oversized island, stainless steel appliances, and abundant cabinetry; Primary suite includes a walk‑in closet and glass‑enclosed shower
More about this property
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