Updated Residential Income
New
For Sale
$315,000
13241 El Dorado Drive, Seal Beach, CA 90740
Seal Beach, CA
Property Size700 SF
Price / SF$450
Days on Market5
Property Features for 13241 El Dorado Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Laundry Room, Bedroom 1
Parking
1
Parking features
Assigned, Carport
Spa
1
Window features
Screens, Double Pane Windows, Skylight(s)
Interior features
Built-in Features, Cathedral Ceiling(s), Granite Counters
Exterior features
Rain Gutters
Appliances
Disposal, Built-In Range, Refrigerator, Electric Oven, 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
Straight through main gate, right on St Andrews, left on Northwood and right on Nassau and park in immediate driveway
Standard status
Active
Size
700 SF
Taxes and HOA fees
HOA Fee
$596 Monthly
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Amenities
9 Hole Golf Course
Swimming Pool
Jacuzzi
Gym
Table Tennis
Shuffle Board
Billiards
Pickle Ball
Bocce Ball
Amphitheater
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
Building Details
Year built
1960
Floors in Building
1
Number of units
1
Flooring type
Laminate
Building materials
Concrete, Drywall Walls
Roof type
Composition
Architectural style
Contemporary
Listing Agency:
Gasper-Monteer Realty Group
(562) 431-2440
Listed By:
Nicholas Monteer · License #01927606
(213) 880-8220
Added: Sep 30
Last Checked: Oct 4 at 1:06PM
MLS# PW26212982
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 700-square-foot, one-bedroom, one-bath residence includes laminate flooring, recessed lighting, and heat-pump systems in the living room and bedroom. The kitchen has granite counters, a stainless steel sink, and an openable skylight; the bathroom also features granite counters and a cut-down shower. A full-size stacked washer and dryer are included, and the expanded bedroom has a walk-in closet.
The west-facing patio and golf cart pad add outdoor and access features. The property is in a security-guard-gated senior community with a golf course, pool, gym, multiple clubhouses, and other recreational and community facilities. Assigned parking includes a carport.
The west-facing patio and golf cart pad add outdoor and access features. The property is in a security-guard-gated senior community with a golf course, pool, gym, multiple clubhouses, and other recreational and community facilities. Assigned parking includes a carport.
Key Highlights
- 700‑square‑foot home with one bedroom and one bathroom
- West‑facing patio and golf cart pad directly in front
- Granite counters in kitchen and bathroom; kitchen has an openable skylight
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
$13,361
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
4.24%
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%
$267,220
$267.2K
Cap Rate 7%
$190,871
$190.9K
Cap Rate 9%
$148,456
$148.5K
Market Conditions
NOI Build-Up for 700 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
$25.2K $36.00/SF
− Vacancy
−$907 −$1.30/SF
EGI
$24.3K $34.70/SF
− OpEx
−$10.9K −$15.62/SF
NOI
$13.4K $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%
$267,220
Cap Rate 7%
$190,871
Cap Rate 9%
$148,456
Alternative Uses
Best Use
Apartment 5plus
$190.9K
$167.0K – $222.7K
NOI $13,361 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$235.1K
$205.7K – $274.3K
NOI $16,458 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom home features a private patio, in-unit laundry, and assigned carport parking.
Where is this residential income property located?
The property is located at 13241 El Dorado Drive Seal Beach, CA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 700‑square‑foot home with one bedroom and one bathroom; West‑facing patio and golf cart pad directly in front; Granite counters in kitchen and bathroom; kitchen has an openable skylight
