Corner Residential Income Unit with
New
For Sale
$385,000
13220 Southport Lane, Seal Beach, CA 90740
MULTI_FAMILY - Seal Beach, CA
Property Size720 SF
Lot Size0.00 Acres
Price / SF$534.72
Days on Market3
Property Features for 13220 Southport Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Laundry Room, Bedroom 1, Bathroom 1
Parking features
Carport
Interior features
Built-in Features, Storage, Formica Counters
Appliances
Water Heater, Built-In Range, Electric Range, Electric Oven, Dishwasher
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
Enter main gate and go straight. turn right onto St Andrews and right at Northwood. left onto Southport Lane.
Standard status
Active
Size
720 SF
Lot size
0.00 Acres
Taxes and HOA fees
HOA Fee
$450 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Amenities
swimming pool
jacuzzi
gym
table tennis
shuffle board
billiard
pickle and bocce ball
amphitheater
ceramic and art studios
lapidary
library
health center
pharmacy
post office
Building Details
Year built
1960
Floors in Building
1
Flooring type
Laminate
Additional Structures
Storage
Listing Agency:
Coldwell Banker Envision · Berkshire Hathaway HomeServices
(562) 594-0515
Listed By:
Hanna Rubinstein · License #01308588
(562) 900-4243
Added: Jul 29
Changed: Jul 31
Last Checked: Jul 31 at 8:06AM
MLS# PW26166390
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.
Corner unit in a senior gated community within Leisure World. The home features four skylights in the spare bedroom, living room, kitchen, and bathroom, with built-in shades on the living room and spare bedroom skylights. Laminate flooring is throughout, with Formica counters in the kitchen, plus built-in desk and cabinet storage in the spare bedroom. Additional storage includes cabinets on top of bedroom closet areas and a storage room and built-in cabinet on the wraparound patio.
The unit includes a walk-in shower that was recently refinished, and the entire interior has been painted. Appliances include a built-in range, electric range, electric oven, dishwasher, and a water heater. Heating and cooling are both provided by a heat pump.
Set in Leisure World, residents have access to swimming pool, Jacuzzi, gym, table tennis, shuffleboard, billiards, pickleball and bocce ball, an amphitheater, ceramic and art studios, lapidary, and more. The community includes six clubhouses and over 200 clubs, plus a library, health center, pharmacy, and a post office on the premises. The property includes public water and public sewer, a carport, two bedrooms, and a laundry room.
The unit includes a walk-in shower that was recently refinished, and the entire interior has been painted. Appliances include a built-in range, electric range, electric oven, dishwasher, and a water heater. Heating and cooling are both provided by a heat pump.
Set in Leisure World, residents have access to swimming pool, Jacuzzi, gym, table tennis, shuffleboard, billiards, pickleball and bocce ball, an amphitheater, ceramic and art studios, lapidary, and more. The community includes six clubhouses and over 200 clubs, plus a library, health center, pharmacy, and a post office on the premises. The property includes public water and public sewer, a carport, two bedrooms, and a laundry room.
Key Highlights
- Four skylights with built‑in shades in the living room and spare bedroom
- Wraparound 400 sqft patio includes a storage room and built‑in cabinet
- Recently refinished walk‑in shower and the entire unit has been painted
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 | $25.9k | $36.00 |
| − Vacancy | −$933 | −$1.30 |
| EGI | $25.0k | $34.70 |
| − OpEx | −$11.2k | −$15.62 |
| NOI | $13.7k | $19.09 |
720 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$196.3K
$171.8K – $229.1K
NOI $13,743 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$241.8K
$211.6K – $282.1K
NOI $16,928 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
168
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
$488,400
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Orange County, CA
Properties on Market for Residential income properties in Orange County
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Corner unit with multiple skylights, a wraparound patio, and a carport within a gated senior community.
Where is this residential income property located?
The property is located at 13220 Southport Lane Seal Beach, CA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Four skylights with built‑in shades in the living room and spare bedroom; Wraparound 400 sqft patio includes a storage room and built‑in cabinet; Recently refinished walk‑in shower and the entire unit has been painted
