Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1920 Mckinney Way, Unit 17A Seal Beach, CA 90740

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $479,000

    Apartment building for sale in Seal Beach, California.

    Building Details

    Year built
    1960

    We can help!

    Listing Contact
    Carol Gasper
    Source: Elliman

    Listing Agent: Carol Gasper

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Seal Beach Apartment Building

    An apartment building located in Seal Beach, California, is available for purchase. The list price is $479,000.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seal Beach
    County
    Orange
    State
    California
    Longitude
    -118.078985
    Latitude
    33.771957

    Nearby Similar for Sale

    • $3,575,000
      2,392 SF

      Seal Beach Triplex For Sale

      Triplex located in Seal Beach, California, totaling 2,392 square feet.
      1003 Seal Way, Seal Beach, CA 90740
      View Details
    • $2,050,000
      2,416 SF

      Elegant Quadruplex Near Seal Beach

      Seal Beach fourplex near the beach, shops, and restaurants.
      128 13Th St, Seal Beach, CA 90740
      View Details
    • $227,000

      Senior Community One-Bedroom Unit

      One-bedroom unit in a vibrant senior community.
      1470 Northwood Rd M10-243I, Seal Beach, CA 90740
      View Details
    • $459,000

      Updated Corner Unit on Greenbelt

      Updated unit with greenbelt view in Leisure World community.
      13820 Annandale Dr, Seal Beach, CA 90740
      View Details
    • $536,000

      Upgraded Home in Leisure World

      Tastefully upgraded 2 bed, 1 bath home in Seal Beach.
      13451 Danbury Ln, Seal Beach, CA 90740
      View Details
    • $499,000

      Rare Atrium Unit Opportunity

      Turnkey home with new flooring, HVAC, and updated kitchen.
      13120 Del Monte Dr, Seal Beach, CA 90740
      View Details
    • $699,999

      Remodeled Corner Atrium Home

      Stunning 2-bedroom, 2-bath home in Leisure World, Seal Beach.
      1861 St. John Rd, Seal Beach, CA 90740
      View Details
    • $599,900

      Expanded Corner Unit in Seal Beach

      South-facing corner unit in a vibrant 55+ community.
      1442 Golden Rain Rd, Seal Beach, CA 90740
      View Details
    • $2,600,000

      Seal Beach Multifamily Investment Opportunity

      Rare six-unit apartment building near beach, shopping, and dining.
      244 5Th St, Seal Beach, CA 90740
      View Details
    • $269,000

      Expanded One-Bedroom Senior Community

      One-bedroom unit in a vibrant senior community with many amenities.
      13800 Annadale Dr M1-40B, Seal Beach, CA 90740
      View Details
    • $449,000

      Seal Beach Senior Community Home

      Full expansion with two master suites in senior community.
      1382 El Dorado Dr M3-10K, Seal Beach, CA 90740
      View Details
    • $445,000

      Two Bedroom Home with Greenbelt

      Inviting two-bedroom home with greenbelt view and modern upgrades.
      1502 Golden Rain Rd M2-46D, Seal Beach, CA 90740
      View Details

    FAQs

    What type of property is this?
    Apartment building - Apartment building for sale in Seal Beach, California.
    Where is this apartment building located?
    The property is located at 1920 Mckinney Way, Unit 17A Seal Beach, CA.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: - Year Built: 1960
    (562) 716-1547
    Request Owner's contact information
    1920 Mckinney Way, Unit 17A Seal Beach, CA 90740
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1920 Mckinney Way, Unit 17A
    Seal Beach, CA 90740
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1920 Mckinney Way, Unit 17A Seal Beach, CA 90740
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carol Gasper
    Real Estate License ID: 01276484
    (562) 716-1547
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.