Expanded 2BR Bungalow
1290 Northwood Road Seal Beach, CA 90740
For Sale
Under Contract
$390,000
MULTI_FAMILY - Contemporary, Bungalow - Seal Beach, CA
Property Size1,100 SF
Price / SF$354.55
Days on Market41
Property Features for 1290 Northwood Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Laundry Room, Kitchen, Bedroom 1
Parking
1
Parking features
Covered, Driveway, RV, Carport
Spa
1
Window features
Skylight(s), Double Pane Windows, Blinds, Screens
Patio and Porch features
Patio, Porch
Interior features
Corian Counters, High Ceilings, Ceiling Fan(s), Recessed Lighting, Storage, Copper Plumbing Full, Cathedral Ceiling(s)
Exterior features
Rain Gutters
Appliances
Electric Oven, Electric Cooktop, Built-In Range, Electric Range, Disposal, Dishwasher, Microwave, Water Heater
Standard status
Active Under Contract
Size
1,100 SF
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Ductless (Heating), Electric (Heating)
Cooling system
Electric, Ductless, Heat Pump
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Number of units
1
Flooring type
Tile, Laminate
Building materials
Stucco, Drywall Walls
Roof type
Composition
Architectural style
Contemporary, Bungalow
Additional Structures
Storage
Listing Agency:
Gasper-Monteer Realty Group
(562) 431-2440
Listed By:
Carl Kennedy · License #02002398
(661) 810-9410
Added: Jun 19
Changed: Jul 28
Last Checked: Jul 29 at 9:06AM
MLS# PW26134925
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 fully expanded 2-bedroom, 1-bath bungalow unit includes a small front patio and features four skylights for added natural light. Recent upgrades reported over the last two years include a state-of-the-art washer/dryer, a large double-door refrigerator with custom pull-out pantry, a new dishwasher, and new kitchen and bathroom flooring. The unit also has a new three-head split air conditioning/heat pump system, along with a golf cart pad.
Parking is described as drive-up, located near Clubhouse 3 and 4, the library, and the credit union. The listing also notes the unit is in Carport Building 88, Stall 3.
The property is offered for sale as part of a Mutual 7 configuration, with the unit described as “fully expanded.”
Parking is described as drive-up, located near Clubhouse 3 and 4, the library, and the credit union. The listing also notes the unit is in Carport Building 88, Stall 3.
The property is offered for sale as part of a Mutual 7 configuration, with the unit described as “fully expanded.”
Key Highlights
- Fully expanded 2‑bedroom, 1‑bath unit with kitchen, laundry room, and two bedrooms
- Upgrades over the last 2 years include new washer/dryer, dishwasher, flooring, and large double door refrigerator plus custom pull‑out pantry
- New 3‑head split air conditioning/heat pump system; heating includes electric and ductless options with heat pump
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 | $39.6k | $36.00 |
| − Vacancy | −$1.4k | −$1.30 |
| EGI | $38.2k | $34.70 |
| − OpEx | −$17.2k | −$15.62 |
| NOI | $21.0k | $19.09 |
1,100 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$299.9K
$262.5K – $349.9K
NOI $20,996 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.5K
$323.3K – $431.1K
NOI $25,863 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Single family property - Fully expanded 2-bedroom, 1-bath bungalow unit with nearby drive-up parking and front patio.
Where is this single family property located?
The property is located at 1290 Northwood Road Seal Beach, CA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Fully expanded 2‑bedroom, 1‑bath unit with kitchen, laundry room, and two bedrooms; Upgrades over the last 2 years include new washer/dryer, dishwasher, flooring, and large double door refrigerator plus custom pull‑out pantry; New 3‑head split air conditioning/heat pump system; heating includes electric and ductless options with heat pump
