55+ Corner Co-Op
For Sale
$349,000
Pending
13361 El Dorado Drive, Seal Beach, CA 90740
Seal Beach, CA
Property Size750 SF
Lot Size0.03 Acres
Days on Market411
Property Features for 13361 El Dorado Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2
Parking
1
Parking features
Assigned, Carport
Spa
1
Window features
Double Pane Windows
Appliances
Electric Water Heater, Electric Range, Electric Oven, Dishwasher, Electric Cooktop
Subdivision
Leisure World (LW)
High school
Los Alamitos
Elementary school district
Los Alamitos Unified
Middle school district
Los Alamitos Unified
High school district
Los Alamitos Unified
Directions
NW Corner of Oakmont and Eldorado, facing the western perimeter wall.
Special listing conditions
Probate Listing
Standard status
Pending
Size
750 SF
Lot size
0.03 Acres
Taxes and HOA fees
HOA Fee
$529 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Ductless
Water source
Public
Building Details
Year built
1961
Floors in Building
1
Number of units
1
Roof type
Asphalt
Architectural style
Bungalow
Listing Agency:
Gasper-Monteer Realty Group
(562) 431-2440
Listed By:
Craig Jaunzemis · License #02138070
(323) 595-4877
Added: Sep 9, 2025
Changed: Oct 21
Last Checked: Oct 24 at 3:06AM
MLS# PW26011100
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.
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Investment Insights
Based on property information with market context.
This Leisure World Mutual 8 bungalow is a secluded corner unit with an “open palette,” positioned for a buyer seeking a renovation opportunity. Existing improvements include a skylight, updated windows, and a functioning HVAC unit. A golf cart pad has also been installed. The kitchen countertop and kitchen sink are noted to be replaced with new standard items upon close of escrow. A carport is associated with unit 098-007.
Leisure World is a 55+ community with 24/7 guard and patrol service. Amenities mentioned in the offering include a new gym, new pool/spa, and new pickleball courts, along with five recreation clubhouses and game rooms. The community also operates a free golf course and hosts numerous free concerts and dances, with more than 200 active clubs.
The offering indicates strict financial requirements to enter and that co-op units are cash purchase only. Buyers are required to provide financial validations before acceptance and are responsible for their own due diligence, including reviewing the attached supplemental inspection report.
Leisure World is a 55+ community with 24/7 guard and patrol service. Amenities mentioned in the offering include a new gym, new pool/spa, and new pickleball courts, along with five recreation clubhouses and game rooms. The community also operates a free golf course and hosts numerous free concerts and dances, with more than 200 active clubs.
The offering indicates strict financial requirements to enter and that co-op units are cash purchase only. Buyers are required to provide financial validations before acceptance and are responsible for their own due diligence, including reviewing the attached supplemental inspection report.
Key Highlights
- Bungalow style home built in 1961
- Ductless heating and ductless cooling
- Appliances include electric range, electric oven, electric cooktop, dishwasher, and electric water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,315
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,300
$286.3K
Cap Rate 7%
$204,500
$204.5K
Cap Rate 9%
$159,056
$159.1K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$27.0K $36.00/SF
− Vacancy
−$972 −$1.30/SF
EGI
$26.0K $34.70/SF
− OpEx
−$11.7K −$15.62/SF
NOI
$14.3K $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 Rate 5%
$286,300
Cap Rate 7%
$204,500
Cap Rate 9%
$159,056
Alternative Uses
Best Use
Apartment 5plus
$204.5K
$178.9K – $238.6K
NOI $14,315 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$251.9K
$220.4K – $293.9K
NOI $17,634 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Single family property - Secluded corner bungalow in Leisure World Mutual 8 with updated windows, functioning HVAC, and skylight.
Where is this single family property located?
The property is located at 13361 El Dorado Drive Seal Beach, CA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Bungalow style home built in 1961; Ductless heating and ductless cooling; Appliances include electric range, electric oven, electric cooktop, dishwasher, and electric water heater
